Table of Contents
About Made In Real Life Coin
The Made In Real Life Coin Club project is the first decentralized fashion brand born into the Metaverse. Despite brands diving head-first into the Metaverse, the original intention of the web3 communities have been forgotten. The hangover of excitement resulting from headline news articles have fallen short at capturing the most superficial manifestation of NFTs. Rather than building a community, retail brands focus on using the blockchain to distribute more and more of their products.
Made In Real Life Project hopes to capture the integrity of what fashion should look like in the wonderful world of Web3. Moreover, when it comes to the NFT industry, fashion is an art that has been overlooked by the current market. While NFTs have solidified their place in the Metaverse, they have yet to find a place in your physical world. Nonetheless, the traditional fashion industry suffers from several pressing issues that can be addressed by utilising a dynamic and integrative ecosystem.
Made In Real Life Coin Point Table
| Coin Basic | Information |
|---|---|
| Coin Name | Made In Real Life Coin |
| Short Name | MIRL |
| Circulating Supply | 24,500,000.00 MIRL |
| Max Supply | 1,000,000,000 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
Problems with the traditional fashion industry
The traditional fashion sector is the second largest global economic activity in the world in terms of trade [1]. However, there are several dire ongoing issues faced by the industry such as: significant environmental damage, exploitation of emerging designers, and unprovable scarcity due to the systematic opacity. Referring to the table attached as Appendix A regarding the adverse environmental and social impacts of the traditional fashion sector.
Many experts, including the United Nations, attribute the plethora of impacts to the dominant business model known as “fast fashion”; the norm of consumers to constantly replenish their wardrobes with new clothing at affordable prices [5]. The consequence of normalizing “fast fashion” has led to gross overproductions of clothing and apparels as products are manufactured in excess rather than to meet demand [6 – 8].
MIRL Labs (e-store)
Following the MIRL NFT launch, an open-forall e-store, MIRL Labs (Referring to Figure 2 & Appendix C) was launched on 14 May 2022. MIRL Labs acts as a platform for users to purchase collaborative apparels and other physical merchandise produced from the MIRL ecosystem. Although MIRL Labs is open for public access and purchase, MIRL NFT holders are granted access to exclusive collections. Following the $MIRL token launch, MIRL Labs will enable payments using $MIRL and users will be granted discounted rates.
Subsequently, MIRL Labs will allow NFT collectors to customize basic apparels with NFTs that they own in their crypto wallets. Unlike the current dominant business model that focuses on mass production and make-to stock (MTO) manufacturing, MIRL Labs utilises a make-to-demand manufacturing model to minimize clothing wastage. Moreover, your clothing is sourced from ethical manufacturing garment factories and comprises.
The Incubator
The MIRL flagship incubator program, guided by your Decentralised Autonomous Organisations (DAO), takes forward-thinking creators and gives them the opportunity to manifest their ideas into reality. The incubator program works in synergy with your DAO to allow emerging designers / artists /creators the opportunity to showcase their products to a global audience as well as support them with both intellectual and financial resources through your scholarship grants.
All royalty proceeds from the NFT genesis collection, plus 50% of the profits generated by the MIRL Labs e-store will be put into a DAO that will enable the launch of subsequent new collections by other fashion designers as well as provide scholarship grants for aspiring new designers.
Why Choose Made In Real Life?
- Resource consumption – Significant consumption of fossil fuels for the use of growing / obtaining the raw materials for clothing production as well as the transportation of both raw materials and the final product.
- Greenhouse gas emissions – The UK clothing industry is responsible for the release of 3.1 million tones CO2 equivalent per year, or about 0.4% of total UK emissions.
- Land Use – Land used for obtaining raw materials used for clothing production results in land degradation and loss of biodiversity; caused by the chemical pollution of soil and groundwater through use of herbicides, insecticides and fertilizers.
- Landfill usage – A large portion of textiles in the UK (approximately 1.2m tones) end up in landfill. Textiles are bulkier and denser and cause landfills to fill up more quickly. Moreover, the biodegradation of textiles leads to further greenhouse gas production.
- Toxic production processes – Certain manufacturing processes in the textile industry utilize hazardous or acidic chemicals which lead to the production of hazardous waste materials.
Where Can You Buy Made In Real Life?
Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On MEXC As It Has The Highest MIRL/USDT. e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include MIRL/USDT And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.
Market Screenshot
Made In Real Life Coin Supported Wallet
Several Browser And Mobile App Based Wallets Support Made In Real Life. Here Is Example Of Wallet Which Made In Real Life – Trust Wallet For Hardware Ledger Nano.
Roadmap
FAQ Of Made In Real Life
Where I Can Find Made In Real Life Whitepaper?
You Can Find Made In Real Life Whitepaper By Clicking Here.
Where I Can Buy/Sell Balancer Token?
You Can Buy or Sell Balancer Token On Some Popular Exchange For Example – MEXC.
What is Circulating Supply Of Balancer Token?
Circulating Supply Of Balancer Token Is 24,500,000.00 MIRL.
