Matthew Griffin, described as “The Adviser behind the Advisers” and a “Young Kurzweil,” is the founder and CEO of the World Futures Forum and the 311 Institute, a global Futures and Deep Futures consultancy working between the dates of 2020 to 2070, and is an award winning futurist, and author of “Codex of the Future” series. Regularly featured in the global media, including AP, BBC, Bloomberg, CNBC, Discovery, RT, Viacom, and WIRED, Matthew’s ability to identify, track, and explain the impacts of hundreds of revolutionary emerging technologies on global culture, industry and society, is unparalleled. Recognised for the past six years as one of the world’s foremost futurists, innovation and strategy experts Matthew is an international speaker who helps governments, investors, multi-nationals and regulators around the world envision, build and lead an inclusive, sustainable future. A rare talent Matthew’s recent work includes mentoring Lunar XPrize teams, re-envisioning global education and training with the G20, and helping the world’s largest organisations envision and ideate the future of their products and services, industries, and countries. Matthew's clients include three Prime Ministers and several governments, including the G7, Accenture, Aon, Bain & Co, BCG, Credit Suisse, Dell EMC, Dentons, Deloitte, E&Y, GEMS, Huawei, JPMorgan Chase, KPMG, Lego, McKinsey, PWC, Qualcomm, SAP, Samsung, Sopra Steria, T-Mobile, and many more.
WHY THIS MATTERS IN BRIEF
Every skill is being democratised and made simpler to master, and now fashion design is in the technology cross hairs with the added benefit this new platform lets you earn NFT $$$.
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Digital fashion house The Fabricant has announced that they’ve launched a new online design studio that lets users create exclusive virtual garments to trade and wear in the Metaverse. Named The Fabricant Studio the platform’s been developed to make virtual fashion design accessible to anyone anywhere in the world irrespective of their fashion or design skills – or lack thereof.
Amber Slooten, the co-founder of The Fabricant, introduced the platform as part of her manifesto for the future of digital fashion in a live interview where she encouraged users to create, mint, and trade digital garments as NFTs, which can then be worn across various digital environments within the metaverse – an emerging digital universe in which users can experience a parallel life.
The Metaverse, by keynote speaker Matthew Griffin
According to The Fabricant the platform was developed to enable “anyone to become a digital fashion designer” and create clothing with leading brands and creatives. It is also “key to The Fabricant’s mission to create the wardrobe of the metaverse.”
“Within The Fabricant Studio, individuals are on an equal footing with global brands, and that’s understood and appreciated by all participants,” the fashion house told the Guardian.
“The collaborative creative experience allows anyone to become a digital fashion designer and create their own exclusive fashion NFTs to trade and wear in the metaverse.”
Would you use the new platform?
NFTs, or non-fungible tokens, are digital certificates of ownership and authenticity that can be assigned to digital assets. The tokens are individually recorded or minted on a blockchain, similarly to a cryptocurrency transaction, which enables the associated asset to be bought, sold and collected. In The Fabricant Studio, each new co-creation is minted on the Flow blockchain.
The process of creating digital garments within The Fabricant Studio begins with fashion brands and designers dropping 3D master garments into the platform. These master garments form blank templates that are made available for users to customise with digital fabrics, trims and accessories created especially for the platform.
However, only one version of each garment can be made – meaning each piece will become “highly valuable digital couture.” Or at least that’s the plan. Once complete, each piece is minted as an NFT with the user behind them credited as co-creators with the designer of the master garment. Royalties from sales are then equally split between everyone involved in its creation.
The Fabricant hopes the platform will offer an accessible counterpoint to the “secretive, time-consuming and expensive” world of physical fashion design. It will also allow “non-tech-savvy fashion fans” to easily create digital fashion garments without the need for knowledge of 3D design software.
“In the digital fashion world, there are no predetermined centres of fashion where you have to be present in order to participate, there’s equity of opportunity and no one owns the space,” The Fabricant said. “Our audience are co-creators right alongside us.”
The first collection produced within The Fabricant Studio, named Season 0, launched last September and was created by a group of 50 users who were invited to the experience. The master garments were designed by The Fabricant, as well as digital creators Mengze Zheng, Idiat Shiole and Taskin Goec, and fashion brands Dickies and Marques Almeida.
The Fabricant Studio’s next season will launch on 30 November and be open for anyone to join. As with all future seasons, brands, artists and creatives from a variety of disciplines will be invited to drop master garments.
The Fabricant was founded by Slooten with Kerry Murphy and Adriana Hoppenbrouwer in 2018 to guide the fashion industry towards a future of digital-only clothing, and in 2020 Slooten said that interest in virtual fashion has exploded in recent months as “the desire for escapism is at an all-time high” and that it will allow people to “go completely crazy” online.