You have probably noticed the massive excitement regarding NFTs, or non-fungible tokens, since the start of 2021 and how they have invaded the digital sphere. But what precisely are NFTs? And what can they mean for the world of current fashion? In this article, we will look at some of the top NFT Indian fashion designers and learn other details regarding NFT fashion design. So let us scroll down and grab some NFT fashion details.
What are NFTs and Their Link to Fashion Industry?
Like Bitcoin, non-fungible tokens are a sort of cryptocurrency. To put it another way, NFTs don't have the same fungibility as Bitcoin, which makes them more valuable and exclusive. When an asset is "fungible," you can trade it for other goods of equal value. Two USD 10 bills would represent an example of fungible currency trafficking, as one would receive the same amount of money but in different denominations. NFTs, on the other hand, are one-of-a-kind and may only be repurchased from their present owner.
NFTs have a more complicated structure than Bitcoins, and they're tracked by a blockchain program, which examines and records all transactions involving different NFTs. In other words, blockchain keeps track of the NFTs as they travel around the internet.
There has been much discussion, investigation, and even application into the relationship between fashion and NFTs. To create a distinct "phygital" experience, fashion NFTs transcend beyond the physical realm of apparel and accessories to provide a unique "phygital" experience.
Top NFT Indian Fashion Designers
Non-fungible tokens (NFTs) are considered a dependable source of revenue for top fashion designers in India, following the lead set by Bollywood celebrities and sports stars. Here is the list of NFT Indian Designers whom you should know about.
1. Manish Malhotra
Manish Malhotra's NFT collection was released on WazirX's marketplace and the FDCI x Lakme Fashion Week on October 6, 2021. He is one of the top NFT Indian fashion designers.
Manish MalhotraDeepika Padukone's blue sari from the film Yeh Jawaani Hai Dewaani was one of Manish's hand-drawn sketches included in the NFTs entitled 'Memorable Sketch' (2013). It was sold for a price of Rs. 20,2319.27.
Another NFT was Manish's hand-drawn drawing of the embellished black lehenga which Kareena Kapoor wore at a 2019 awards ceremony. It was sold for Rs 27,5889.91.
A hand-drawn sketch of his blue chikankari lehenga worn by Alia Bhatt in 2018 was also marketed as a fashion NFT. With an asking price of Rs 16,0935.78, the NFT was named "Illustrious Sketch-Chikankari."
Archival Diaries-Lisa Ray and Reminiscing Runways (2013) were the other two NFTs by Manish Malhotra.
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2. Mirza & Malik
As the first celebrity couple to launch a line of wearable NFTs, Sania Mirza of India and Shoaib Malik of Pakistan joined forces to bring up the range of NFT wearables.
Mirza & MalikThe couple collaborated with visual artist Damien Cifelli and DressX to create a collection that includes sportswear and two more traditional outfits.
3. Pankaj & Nidhi
Launching the NFT universe, Indian designer duo Pankaj & Nidhi released three exclusive digital artworks in association with FDCI x Lakme Fashion Week on NFT marketplace WazirX earlier this month. The couple is among the top NFT Indian fashion designers. To depict the Earth, the three artworks - Song of the Earth, Daydream, and Once in a Blue Moon—are designed in a circular shape, with various design components representing the presence of different terrestrial elements.
Pankaj & Nidhi These are one of the best NFT designs on the list. The design couple released the following statement regarding the NFTs: "To create an impact, we must all use our actions and words, no matter how insignificant they may look. These NFTs, named Daydream, Once in a Blue Moon, and Song of Earth, was created to cultivate a sense of gratitude for our place in the universe. In partnership with FDCI X Lakme Fashion, we are thrilled to make these NFTs available on WazirX NFT Marketplace."
4. Raghavendra Rathore
The work of Indian menswear designer Raghavendra Rathore has been released as non-fungible tokens (NFTs) through blockchain. He has also created a limited-edition NFT inspired by his business on the WazirX NFT Marketplace in collaboration with the Fashion Design Council of India and Lakme Fashion Week. Gurukul School of Design in Rajasthan is a source of inspiration for NFT. He is among the top Indian designers in the NFT marketplace.
Raghavendra RathoreThe Raghavendra Rathore Foundation, the designer's non-profit organization, is the beneficiary of these NFTs. The designer will donate a portion of the proceeds to his non-profit organization, which aims to empower communities through mentorship programs, cultural experiences, and scholarships.
5. Sharannya
Next on the list of NFT Indian designers is Sharannya. Mumbai-based 3D fashion designer Sharannya uses her virtual designs to raise awareness about fashion overconsumption. As a nod to her struggles with spelling, her latest collection, 'MISPLED,' features frosty tones to reflect the melting glaciers. Sharannya's NFT fashion collections are among the top NFT designs to look for in the NFT marketplace.
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6. Natty Garb
New Delhi-based Natty Garb hopes to go worldwide with its apparel line. Even though the company sells clothing in the real world, its online NFT store has a stunning selection: fashionable streetwear and a futuristic aesthetic reveal the brand's diverse appeal. Natty Grab is one of the most popular NFT Indian fashion designers.
Final Words
So by now, you must have known who are the top NFT Indian fashion designers to look out for if you are searching for the best NFT designs. The NFT market space in India is boosting at an incredible speed, and in some time, there will be a lot of other fashion designers in the room with their unique NFT designs. So if you are interested in NFT fashion designs, keep a watch on them to get the best deals.
Also Read: Guide To Become A Fashion Designer
