Introducing the sector cum blockchain technology 

The high-end fashion sector has only recently begun to use blockchain technology. LVMH, Cartier, and Prada have won recognition for expanding their blockchain capacities through the AURA Blockchain Consortium. The main driving force for this was

The global fashion sector spends US$450 billion annually on counterfeiting protection. However, other platforms have developed to provide fashion enterprises with more open access to comparable capabilities because not everyone can join AURA. Examples include Luxandia, which has its own cryptocurrency, and LUKSO, which use the symbol LYX (TLX).

It is commercially necessary for brands to use a blockchain because it safeguards the value of creative output, enables each designer or collaborator to monetize appropriately, and provides insight into the long tail of products (ownership, geolocations, financial value over time, product life). The ability for counterfeit goods to enter a brand's value chain is made possible because current industry practices make it impossible to track a product's lifespan after it has been sold at retail. Based solely on that, blockchain has been rightly recognized as a required default for all intelligent creatives, not just the most unique, innovative, or high-value ones.

In comes the ALTAVA GROUP

In South Korea, the Singapore-based ALTAVA GROUP has a sizable clientele. By bridging the gap between the physical and digital worlds for both customers and businesses, ALTAVA offers unique brand experiences that improve the evolving World of Expressions in the metaverse and beyond.

ALTAVA platform comprises of;

1. ALTAVA WORLDS OF YOU
2. ALTAVA MARKET and more

ALTAVA has created ALTAVA Worlds of YOU, a gamified social commerce platform for designer clothing, to enable many expressions of self in the metaverse—to locate, curate, and play. There is also an ALTAVA MARKET, where users can browse, curate, and collect Worlds of Expressions as NFTs for use in the metaverse and ALTAVA Worlds of You.

ALTAVA does not want to wind up competing with similar platforms like Aura as their technology enables users to mint digital replicas of real-world luxury products as NFTs, which can be spent in various virtual metaverse settings. The provenance, trade, and usage of these assets are all completely transparent because an NFT is, by definition, a blockchain-supported business, ensuring that the developer is adequately compensated. Learn more about ALTAVA

TAVA TOKEN USE CASES

TAVA is a utility token created for ALTAVA Market that blends style, originality, and the latest developments in gamified and virtual fashion technology. TAVA is the major and functional token that fuels the basic operations of the platform. The driving force behind TAVA tokens is the need to satisfy the expectations of a rapidly expanding community of luxury enthusiasts and to provide buyers with a significant mechanism through which they can take part in the luxury market's explosive growth in the metaverse.

• TAVA tokens will serve as the main form of payment in the ALTAVA Ecosystem, which comprises the NFT Market and Altava: Worlds of You. 
• With the help of relevant premium brands, designers, and artists from various industries, the TAVA tokens will be a ticket for entry to curated virtual assets, exclusive auctions, and one-of-a-kind experiences.
• Owners/holders of TAVA tokens will gain the following benefits:

1. Every initial release of a high-end NFT will receive complete compensation from TAVA.
2. To prevent accidental value loss of the assets and strengthen the exclusivity of our marketplace platform, TAVA tokens will serve as a tool that eventually benefits the ecosystem. The value of TAVA is bound to be appropriate in the long term.
3. Both NFT and token owners, TAVA token enables and protects the exclusivity of each pricey NFT item and other virtual assets selected for the ALTAVA Market.
4. TAVA token guarantees the exclusivity of the value provided for the ALTAVA Market.
5. The owners of TAVA token will receive a steady and well-protected currency thanks to a skillfully designed "tokenomics" that prevents token depreciation.

HOW TAVA TOKEN WILL BENEFIT HOLDERS IN LONG TERM

1. Only TAVA token owners will be permitted to participate in the special auctions.
2. Active users of the ALTAVA Market will be rewarded with TAVA tokens for their engagement during the month. To distribute the token fairly among buyers and sellers, 50% of the total value released will be pulled out of the ecosystem.
3. Each quarter, we will burn TAVA tokens worth 30% of the revenue we generate from the ALTAVA market.
4. Digital brand identities from the ALTAVA metaverse and other virtual worlds will be combined seamlessly (digital twins of real-world luxury goods, 3D avatars, spaces, etc.). 

ALTAVA MARKET AND ALTAVA WORLDS OF YOU UTILITIES 

With ALTAVA Market, users can buy rich NFTs  in ALTAVA Worlds of You, users can also earn TAVA tokens. They can make Virtual goods that can be minted and sold in the markets. The TAV will cover the production of real goods from virtual commodities and vice versa. 

ALTAVA PARTNERSHIPS

Partnerships are one of the major fuels powering any company. This is not different in ALTAVA as they have partnered with several incredible protocols in the space. Below are few of them:

ALTAVA ROADMAP

CONCLUSION 

In Conclusion, Through the AURA Blockchain Consortium, LVMH, Cartier, and Prada have received praise for enhancing their blockchain capabilities.

TAVA tokens will be the primary method of exchange in the ALTAVA Ecosystem, which includes Altava: Worlds of You and the NFT Market. With the aid of their technology, users can create digital versions of high-end goods that can be purchased with NFTs and used in various virtual metaverse environments.

For the ALTAVA Market, TAVA is a utility token that combines creativity, style, and the most recent advancements in gamified and virtual fashion technology.

USEFUL LINKS

Website: https://altava.com/

Whitepaper: https://kr.object.ncloudstorage.com/altava.com-cdn/pdf/Altava_whitepaper.pdf

Twitter: https://twitter.com/altavagroup

Telegram: https://t.me/altavaofficial

Discord: https://discord.com/invite/altava

Instagram: https://www.instagram.com/altavagroup/

USERNAME: ANTARCIA 

PROFILE LINK