Trace Network, the state-of-the-art DeFi and NFT protocol for a wide range of enterprise-grade and consumer applications offer a unique, immersive experience to the community in the virtual world. In a recent announcement, the project expressed its intention to create a lifestyle NFT based protocol for the metaverse. The new protocol will offer limitless customization options for the end-user while allowing brands to enable virtual personas to flaunt their creations.
The concept of metaverse has gained a lot of traction in recent days, thanks to the increasing adoption of NFTs and the widely followed virtual-first approach in the post-COVID world. We are already living a second life in the virtual space via games, meetings among others. Being a shared virtual space created with the convergence of enhanced virtual reality and augmented reality on the internet, the metaverse gives a semblance of physical interaction to virtual activities. People find it a welcome relief to otherwise monotonous routines and at the