What Is DressCode?
DressCode wants to set a new direction for the fashion world. It will decentralize the fashion sector and create an ecosystem regulated by the community. The project will support the originality of items, businesses, and the community. This will result in a better fashion industry.
The Current Market
The fashion world is currently valued at three trillion dollars. It accounts for two percent of global GDP. The retail value of luxury items is estimated at 339.4 billion dollars. The value of the fashion market is estimated at 1 trillion dollars.
The sports footwear market is valued at 90.4 billion dollars. From 2000 to 2014, the people employed in the clothing and textile industry doubled from 26.5 million to 57.8 million. The outlook for 2018 forecasts the fashion industry will grow significantly.
Most of the brands remain unknown, and they struggle to become popular. Some of the most valuable brands are the giants of the industry. This industry will shift from the traditional brick and mortar stores to the e-commerce platforms.
The growth of online platforms in the fashion world is predicted to be among the top three trends of 2018. The industry, in general, is expected to continue growing. Most of this growth will be in emerging markets of Latin America, Europe, and the Asia Pacific region.
DressCode DRESS Token & ICO Details
The Dress token can be used to buy, sell, and bid on items. It does not have a means to validate the authenticity of items. To solve this issue, the developers will introduce a Projectdresscode Authentic Certificate. It will be used to validate items via the blockchain.
Parameters Of The ICO
- Ticker: DRESS
- Total Tokens: 300,000,000
- Tokens for sale: 180, 000,000
- Pre-ICO: June 22, 2018
- Main sale: Fall 2018
- Minimum amount: 5 ETH
- Price: $0.10
- Soft Cap: $1,500,000
- Hard Cap: $15,150,000