Hugo Colleagues with Imaginary Ones to Start Limited NFT Collection

Posted on the 04 October 2022 by Nftnewspro

/PRNewswire/ — SINGAPORE, Oct. 4, 2022 — Hugo, a well-known global fashion brand, today said that it will work with Imaginary Ones, a renowned Web 3.0 firm, to create a comprehensive, 360-degree metaverse experience. With this collaboration, HUGO advances significantly in its investigation of the metaverse, and the introduction of its first-ever NFT collection in 2022 will be a key turning point in the brand’s worldwide relaunch.

Beginning in early November, a special 1,001 3D animation collection from HUGO x Imaginary Ones NFT dubbed “Embrace Your Emotions” (EYE) will be released. The collection’s goal is to inspire people to connect with their emotions and to spread the message that all emotions, positive and negative, are legitimate and should be accepted because having the freedom to feel and express oneself has a positive impact on one’s mental health and general wellbeing.

Six of the 1,001 NFTs will have unique characteristics. Five characters stand in for five common emotions: love, fear, sadness, and anger. The collection’s humorous plot will also support a good cause since on October 10, World Mental Health Day, a special sixth figure who embodies all five emotions will be auctioned, with all proceeds going to Youth Aware of Mental Health (YAM). This research-based programme on mental health invites kids between the ages of 13 and 17 to learn about and investigate the subject. It has been tested with more than 85,000 teenagers in 16 different countries.

Access to the HUGO x Imaginary Ones EYE collection and the ability to buy the NFTs will be made possible by an allowlist. 500 of the 1,000 available spaces on the allowlist will go to consumers who buy an unique phygital T-shirt. There are 500 of these limited-edition t-shirts available for purchase, and each one has a QR code that leads users to a Snapchat Lens to produce an exclusive augmented reality effect.

From October 4 forward, Imaginary Ones will give the remaining 500 allowlist slots to current owners of the company’s genesis NFT collection and through a variety of events on its Twitter and Discord platforms.

Miah Sullivan, Senior Vice President of Global Marketing & Brand Communications at HUGO BOSS, said: “The metaverse is an exciting new space for fashion brands, one that is rich with potential for HUGO. We are excited to partner with Imaginary Ones to deliver an NFT collection of beautiful 3D assets that enables us not only to further explore this virtual world, but also to share a message of self-acceptance and being true to yourself, which is at the heart of what HUGO stands for”.

Clement Chia, Co-Founder of Imaginary Ones, said: “Imaginary Ones is humbled and honored to partner with HUGO and to be the first Asia-born NFT project to collaborate with an international fashion brand. We share the HUGO’s values and commitment to contributing to an inclusive and equitable world. With this partnership, we aspire to strengthen Imaginary Ones’ presence beyond the Web 3.0 space and further our cause in embracing inclusivity and diversity everywhere”.

All owners of a HUGO x Imaginary Ones NFT will have access to the Imaginary Ones staking ecosystem, which gives the holder a separate set of exclusive HUGO x IO goods, experiences, and content, including digital HUGO wearables and HUGO-themed Imaginary Ones drops, in addition to receiving a “golden ticket” for a 10% discount in the HUGO online store.

In the future, HUGO and Imaginary Ones will look at a number of strategies to deepen their collaboration and give collection owners further benefits, such as special experiences in the metaverse. This is only the first of several projects that will combine the HUGO brand experience with the imagination and optimism of Imaginary Ones.

The younger HUGO BOSS brand serves as a canvas for individual style and expression. Hugo designs clothing for those who lead rather than follow in order to advance individuality and limitless styling. HUGO is a globally engages, insatiably curious, and uniquely expressive brand. HUGO BOSS, which consists of its two brands HUGO and BOSS, is one of the top firms operating in the high-end garment sector. The company offers collections at about 6800 places of sale in 128 countries and on hugoboss.com in 59 countries. The Metzingen, Germany-based company, which employs about 14,000 people worldwide, reported sales of EUR 2.8 billion for the fiscal year 2021.

8,888 fully animated and 3D characters make up the NFT collection Imaginary Ones, which is available on the Ethereum network. Clement Chia and David Lee, two Singaporeans who founded Imaginary Ones, are passionate about using art to share love, optimism, and creativity. Alongside three other partners – Gregory Poon, Caleb Hoon and Jerome Kwek, the team launched one of the most successful global NFT projects thus far, selling out the entire collection within 6 minutes of the Dutch Auction sale. On OpenSea, transactions totaling more than 12,000 Ethereum (or about $20,000,000 USD) have already been made.

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