Bitcoin Forum

Nicolas Romero, the creator of Satoshi Studio, is going to actually connect blockchain tech with fashion industry. Currently, he has developed a shoe brand (https://www.blockchain24.co/block-chatter-3-the-fashion-of-blockchain/). And that leads to a question: does crypto industry is ready for such inventions?
I know there are already many merchandise with bitcoin or other crypto on hat, t-shirt or something in that stile. But let's be honest: a t-shirt with poorly printed "to the moon" on it is nothing more but a meme, not a real fashion.

Cryptocurrency should be ready for what? I do not think that this is something serious and noticeable. This event will pass by the main part of the crypto community and go unnoticed. Maybe I'm wrong, but this is my opinion.

Crypto is getting everywhere. Fashion industry also needs it. Blockchain will introduce huge transparency in any field where it is implemented. Fashion industry needs that.

Just a sand in a wide desert, whole market are just too big to care about a shoe brand.
But I think using Cryptocurrency to rasie fund is a good idea.
And accepting bitcoin or some other alts  as payment method too. Might alittle faster than traditional way

Hahaha, just almost every brand want to be associated with the blockchain, good though if it will enhance the productivity of the brand. Sometimes should be left off the chain for now.

We should ask the question of the use case of cryptocurrency in his line of business. One of the problem most altcoins are facing in the market now is the use case market demand. It is not advisable for any project that has not designed this come on board, we already have enough shit coins in the market that noticed they should have been on cryptocurrency. IMO exchange listing is not the most important step to start exchange if we dont design this very well

Its nothing but like a meme as well unless he plans to put some chips into these shoes operates something under blockchain tech. But if its just nothing but a name satoshi on like like his studio, its nothing but simple promotion that might not even  have an effect. I do have a shirt of a burger king logo saying bitcoin king its nothing still but a display of support.

This is helpful but not in the right direction. It's good he want's to have a future in fashion industry and aid it with crypto. But just that may not help him to excel in the industry.
But it would be much more better if established fashion studios started giving better options for it's customers like crypto.

The main goal of Bitcoin is to be accepted worldwide as means of payment or currency which provided anonymity, Fashion industry is one of the ways Bitcoin can be used, almost all other industries as applying the blockchain and cryptocurrency model.

I think instead of making a new brand, it's better to be a distributor. we know the case of counterfeiting of goods still does not have a solution. so becoming an official distributor, and marketing shoes throughout the world can be a more profitable opportunity than competing with existing brands.

I've read the whitepaper in one of the projects, they will use the erc20 token to mark an item so it can't be faked. so maybe this can be done by Nicolas Romero. and more importantly he received payment via crypto.

There are other few projects trying to revamp the fashion industry, so it's not new. The major challenge is mainstream adoption, fashion when compared to other industries is miniature, so it's not really a big deal.  I believe in future (although it will take a long time), crypto will be used in some major sectors but with certain regulations. This is just my opinion anyway.

If I will be factual with my opinion, I will say that, that is not what crypto is meant for. Well, if a coin is used in trading, that is a different case, but in a situation where someone is dying to prove that blockchain can be integrate in fashion is quite surprising and confusing, except we are not going to be sincere with ourselves.

Why not? Actually, for now, cryptocurrency has spread to many more sectors. The use of and development of cryptocurrency for that sector (fashion) will work if the team really know how to manage and create a certain crypto coin that will be available to be used pr certain platform to utilize the crypto for real utility. If they have also created their own platform and will use the coin for one of their payment methods, why not? Just wait for how they will create the development of the project.

Crypto brought innovation so why think if its ready for an upgrade?

What's your definition about fashion? I've looked the meaning of it and this kind of innovation can be categorized as fashion. Whether old style, new style, I think that would suffice to be called as fashion.

This is what I like the most because you are having a win-win situation here. As a customer, you can now get their token which you can use later on and help to conserve our resources (raw materials) as well. Furthermore, this is another example of crypto adoption so we should be glad :).

Of course, why not? There are already plenty of businesses which accepts crypto payments established before and I think this shoe brand is not different among the orhers.
Well, it depends on one's perspective. If you are really artistic then you can easily see the beauty hiding within objects, you can still appreciate the beauty of that "poorly printed shirt".

Crypto is not yet ready for such inventions. that can't be called as a combination between crypto and fashion and it will be more realistic when you have created merchandise or jewelry from the gold in the form of bitcoin logo. That makes sense rather than to see someone who called that as a combination between crypto and fashion when he has been printing t-shit with meme as a logo.

Everything can be Cryptonized as I like to say it, And in the near future we can see that so many establishments can surely embrace in using blockchain technology, Well I have seen in one article that Blockchain can fix the insanely wasteful industry of fashion and Stephanie Benedetto had seen the technology of blockchain and its record-keeping capabilities and she'd study the potential of blockchain to fully upgrade the fashion industry, I think if an attorney and a fashionista had seen the potential of Blockchain Technology I guess there are other people that can surely and may see another potential for this kind of technology.

My question is what they are exactly going to do with blockchain technology? Just another token or coin? I am not sure what kind of room that fashion industry is having to provide for blockchain technology. Basically blockchain technology is for new way of data gathering along with prevention mechanism of false data modifying.

I welcome any kind of new revolution with respect to blockchain technology and this way I am also very much eager to check what is going on there but honestly I am against for new coin or token just for the reason of sucking innocent investors with fake promises.

Crypto industry is not a 100 year old industry, it just 10 year old and because of its invention many industries are on the verge of extinction. Integrating Blockchain in fashion is not new, the problem only occurs in implementing it correctly. If he wants to try it out he should first look into the aspect of customer satisfaction first.

I dont think that crypto needs special fashion brand. Stickers and tshort are more than enouhg for hard fans but shoes....

The fashion industry, including the footwear industry, is developing very advanced and I think it's natural that entrepreneurs try to make their own shoes. Whether this will be related to cryptocurrency as payment, I think the time will tell and if every store accepts crypto as payment, I think it will be good for the development of cryptocurrency

I think that can happen. What is in my head after reading that article is when the company make a shoe, that shoe will have a serial number. When the company produce a massive amount of the shoe to be distributed to many countries, with the serial number inside the shoe, it will make easier to know which country that the shoe will be sent.

We can imagine every shoe that has been made have a different number, and that number will be gathering in a large database in the blockchain which will be recorded. So when the shoe is sold to the customer, they need to scan the serial number on the database so the company will know how many shoe that already sold to the customer.

But I cannot tells more about that because I am not a programmer or work with something related to the technology, it just comes to my head like that ;D

Personally, I think that all this is pretty dubious PR for Bitcoin. Although, on the other hand, even bad PR is PR.
I don’t think that large phishing companies will use the slogan of Bitcoin and brick currency in the broad sense,
because in fact Bitcoin is a little-known and rather unexplored asset with an interrogative reputation for large masses.

In addition, PR Bitcoin or any other cryptocurrency, the owners of the fashion industry are at risk of being accused of shilling coins from the general public.

I guess Romero, maybe a crypto enthusiast, is just trying to ride the popularity of crypto and be the first one to really bring blockchain closer to fashion. I'm not sure though if it is effective, we have to look at how blockchain will benefit us and the fashion industry.

As far as I understand, maybe just a simple database will fit the need, no need to used blockchain technology at might complicate things, just saying.

So it's more on logistics side? If he has a big shoes empire that produces billions every year then it might be good, but if he is a mid designer then it's better to used centralised database, IMHO.

@TrevorS  - yeah, it might be just a PR stunt on his side, probably just wanted to join the so called 'crypto revolution' and tells everyone in the shoe fashion industry that he is the first to adopt blockchain.

Oh God, I doubt if this will ever work, unless the fashion bags are the most pricey ones, do not go cheap designs with crypto and blockchain and as a matter of fact it's really not needed, this is just the way I feel

Using bitcoin for shopping is not a good idea at the current bitcoin price because the transaction fee will be very high when compared to the value of the items. Use coins/tokens have small value, fast confirmed transaction as XLM, DOGE ... would be more appropriate.

Of course cryptocurrency is ready for adoption of fashion, I want to see big fashion brands such as Nike, Hermes, Louis Vuitton,
Cartier and others make cryptocurrency products. Try to imagine these famous brands not only accept payment by crypto,but making
t-shirts, women's bags, hats and jackets with the Bitcoin logo is truly extraordinary. If this is realized will make the cryptocurrency
market is increasingly rising in price.

I think he's just really trying to connect crypto and blockchain to the fashion industry. It's kinda good at some point because they are trying to widen the adoption of blockchain and crypto in other industry.  But as I read the article, I feel like it will just be more complicated and there is no assurance that the crypto community or the public will show enough attention to this. Since they are just starting the industry, it will take a long time to know if they will do good or not. Also for a beginning brand, their shoes are quite pricey. But let's see what will happen.

Yes, every industry is ready to adopt and implement blockchain tech and crypto as a whole, I have seen a few online stores also accepting crypto even in my country but real adoption will come when the near retailer will also accept and encourage crypto payments.

Crypto and blockchain technology could be applied at every sector. Also Nike implemented for some shoes the token that represent the originality of the product. The total traceability could be a must have in the future of the fashion

blockchain can really help the fashion and art world to track originals. but for this, it is not necessary to have any special token.

It's a great goal to get people to know more about crypto, promotions like printing the bitcoin logo on t-shirts or hats will come in handy. The world of crypto is very wide, you can apply it to whatever you want.

I've heard that even music industry somehow profits from blockchain
A lot of industries will profit from it even though we don't even realize it yet, and that is the definition of bullish

Its just a matter of time bitcoin will be among us until the tiny community
First currency, getting in to government, gaming, sport and fashion
So when someone tell bitcoin was dead that was nonsense
Because bitcoin already get in to us
With all the good project was born the future of bitcoin was no doubt about it
We will need Bitcoin and everybody will have it like everyone have a smartphone right now
Thats my opinion

I'm curious why many old threads come up again to page one and two after long times left.

But aside from it, we update the answer and conform it to the recent situation. About crypto and fashion, today, no difficult things to be found. We can find out several platforms or sites that accept crypto as a payment method. The examples are Gobuybid, amazon, and more. there are also some blockchain technology projects that adopt crypto for fashion.

If people in the fashion world embrace crypto currency and the blockchain, believe me it will bring a huge solution to their fashion designing world. Because with the blockchain, you can literally hook up and get clients who would sow in small and large scakes.

Also, with the blockchain, you get to have international clients and earn in bitcoin etherum or tron tokens. I urge everyone in the fashion business line to take a charge and adopt accepting bitcoin as a mode of payment for a start

And the shoes that have logo is different is that what you are telling to us? They need to make their  name  be popular first before they get a lot of buyers its good idea however they need to make a unique style that will make crypto investors like it. To be honest it all crypto investors want something that have a crypto logo in their items or things they are wearing .

We will first have to identify whether the firm even needs a blockchain for it's fashion store or not.
May be it is using the blockchain word just for the hype and the project might nothing really contribute to the fashion space.
In that case it would not be wise to invest in that project. If there is a need and if blockchain can solve that need only then it would be wise to proceed with it.

When you talk about fashion and luxury goods, you can also use the blockchain technology to track the quality of the goods. VeChain uses supply chain with special chips to provide customer every information about the product what he bought.  8)

I don't think it's necessary for fashion to apply blockchain, it can be for payment but not needed in putting it into blockchain as we can simply reads details or product description that are indicated in store or online shops, also provide videos that explains the product and show when modeled. Accepting of payment in crypto is enough but if they will give a more twist not just for hype, then it can be something popular in the future.

Bitcoin has the target to use as a currency worldwide. So using the logo of bitcoin in a shoe brand is not a big deal such permitted by the industrial investment. But it's good publicity that can grow its popularity. Nothing should be seen with the small eyes or underestimate that's can be the turning point or supportive area.