Luxury Brand Gucci Collaborates with Bored Ape Creator Yuga Labs for Metaverse Project – Crypto Adoption on the Rise?

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Luxury fashion label Gucci

Is expanding its presence in Web3 and the metaverse through a partnership with renowned NFT issuer Yuga Labs.

The collaboration caught the attention of the crypto community as Yuga Labs is the creator of the widely popular Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC).

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Business of Fashion 

reported that the two companies signed a multiyear partnership to work within Yuga Labs' Otherside metaverse and its 10KTF collection.

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Gucci is no stranger to the metaverse world. The company partnered with the hugely popular Roblox platform in 2021 to create a virtual world known as the Gucci Garden.

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