Social commerce platform Basic.Space has revealed its role in launching the Elon Musk-inspired Non-Foldable Token (NFT) suite. Created as a cultural experience powered by Basic.Space and Web3, the NFT suite is a “thoughtful” integration of new technologies and fashion that connects the real world with the digital world.
Basic.Space collections are featured on Forbes, Vogue, Highsnobiety and other major media platforms due to their innovative concepts and designs. The social commerce platform attempts to push the boundaries of fashion using digital assets and Web3 by providing users with a unique experience.
Elon Musk-based Elon.Space Group is a “commentary on the future of Web 3,” according to a joint press release with Bitcoinist, inspired by Musk’s appreciation of memes and cryptocurrencies.
Specifically, Musk has publicly revealed that he is a fan of the Dogecoin (DOGE) cryptocurrency. The billionaire and entrepreneur made this revelation in 2021, which led to a significant increase in the price of DOGE. Cryptocurrency back from the ashes. It is now ranked 10th in the ranking of cryptocurrencies with the highest market capitalization.
Furthermore, Elon Musk spawned an entire cultural movement with the support of “Meme Coins,” demonstrating that some of the most important conversations about society happen at the intersection between technology and culture. Elon.Space is a representation of that movement.
Entrepreneur and CEO of Tesla He said Here’s why he supports Dogecoin:
The point was that the Dogecoin was invented as a joke, as a basis for ridiculing cryptocurrency and that is why… I think there is an argument that the most amusing result is the most similar to “What is the most ridiculous result?”
Why launch a Web3 experience inspired by Elon Musk
420 Elon NFTs provide their owners with access to physical products, expanding the use cases of traditional digital assets. This NFT collection goes beyond giving owners access to exclusive items, luxury apparel and more.
Basic.Space founder Jesse Lee commented on the following reasons for launching an Elon Musk-inspired collection and the benefits for 420 Elon holders:
Elon.Space is a fun experiment that we thought of, mostly to prove to ourselves that web3 is just a tool for everyone to own the future. Each unique digital asset comes with access to something very exclusive and thoughtful. In addition to custom-made candles and premium quality clothing, 420 Elon holders will receive a lifetime SELECT membership.
SELECT was launched in 2021 as part of a community within the Basic.Space platform. Members can purchase SELECT tokens and try events hosted by Basic.Space.
The Elon.Space community will be rewarded with SELECT tokens that will give them access to new products and the entire metaverse. The Elon.Space Collection will be released on October 27; 420 Elon holders will have access to their SELECT codes from October 31 and their exclusive merchandise.