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Trace Network Labs

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News

Nvidia's Stock Shows Resilience Amid Analyst Optimism

Nvidia's Stock Shows Resilience Amid Analyst Optimism

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Nvidia's stock shows resilience with optimistic analyst ratings despite a minor decline.
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Filippo Romano

Nvidia Announces Major Investment in OpenAI's AI Data Centers

Nvidia Announces Major Investment in OpenAI's AI Data Centers

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Nvidia plans to invest up to $105 billion to assist OpenAI in developing new AI data centers, securing significant computing capacity.
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Lucas Weissmann

Ethereum Developers Propose Changes for Privacy Pools

Ethereum Developers Propose Changes for Privacy Pools

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Ethereum developers are considering proposals for privacy pools to pay their own transaction fees, focusing on Frame Transactions and ForkChoice Enforced Inclusion Lists for the 2027 Hegot upgrade.
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Emily Carter

What is Trace Network Labs?

Trace Network Labs is enabling a Metaverse for Fashion & Lifestyle - "PARIZ" - that effectively incorporates the functionalities of Web 3.0, 3D & AR/VR-tech with eCommerce, to provide a seamless and much immersive shopping experience to the masses. 

The world’s first universal Metaverse space dedicated to the fashion & lifestyle industry, PARIZ, will be a wholesome, experiential metaverse that will offer life-like & real experiences for shopping, entertainment & commerce.

The Metaverse has been built with a future-centric view as we see a dramatic shift from E-commerce shopping model to Experience-Based shopping model. We are building “Pariz” to spearhead the new way of electronic commerce called X-Commerce or Experiential Commerce. Its Metaverse-to-Home capabilities is setting up the dawn of Meta-Commerce, where fashion & lifestyle brands can create shopping environments for online shoppers with a “Buy in Metaverse, Delivered at Home” option.

With over 1500 daily transactions, PARIZ has highly interactive Shopping District, Events & Lounge spaces that offer users multiple opportunities for shopping & interactions with over a dozen fashion brands such as Madame, Zivame, Aditya Birla's Style-Up, Da Milano and many more.

We aim to launch PARIZ within Q4 2022, housing a bunch of digital retail & experiential stores of global & renowned fashion companies. Here are some of the other areas we are working on. 

Live Spaces

  • Shopping District: A dedicated area in Pariz housing the virtual retail stores of global fashion brands. Brands can display and sell their latest digital fashion-wear collections as NFTs or phygital products.
  • Events: A space in PARIZ, where people can attend events hosted by Brands, Influencers, Artists, Projects & more. Organize a meetup or fashion show, a fireside chat with an influencer, a full-blown TED talk, or Corporate get togethers — all on the Events @ Pariz!
  • Lounge: Lounge in Pariz will be the space to experience your favourite characters, watch them roam around you and buy their famous digital merchandise NFTs in an immersive setting.

Coming up

  • Social District: Watch a movie, experience a red-carpet moment, attend a music concert and more in the social district in Pariz.
  • Multichain Metaverse Experiences Minting: This will give a seamless experience to people who are on any EVM Chain , to create and mint Metaverse Experience Spaces from any chain using our metastack and these virtual experiences can be placed in Pariz too.
  • Integration with Web3.0 Wallets: Leading Web3 wallets will be integrated with Pariz to provide seamless and easier access for users from all across the Web3 spectrum.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.