Rihanna Files Application To Offer Products In The Metaverse

CryptoPotatoОпубліковано о 2022-03-17Востаннє оновлено о 2022-04-07

Анотація

Rihanna conquered the physical world, is popular in the Web 2.0, and now wants to conquer the Web 3.0, making a name in the metaverse.

According to U.S. trademark attorney Josh Gerben, on March 14, singer and businesswoman Rihanna filed a new batch of trademark applications to offer her company’s cosmetics and products in a “virtual” format in the metaverse.
In this way, Rihana would be following many celebrities’ footsteps and recognized brands in the fashion world, such as L’Oréal and Victoria’s Secret.
Rihanna wants to expand her fashion empire into the metaverse
At the age of 34, Rihanna has not only eclipsed the music world with her songs but has also managed to create a fashion company that has achieved a market value of more than 570 million dollars in 4 years.
But the physical world is not enough for the artist, who now aims to dominate the WEB 3.0, betting to establish her brand in the metaverse. So, the question remains, which platform will Rihanna invest in?
Rihanna has filed a new trademark application indicating that she will offer “virtual” cosmetics and hair care products under her FENTY brand.
Coming to a virtual world near you soon… #Rihanna https://t.co/PhTqfi4jFu
— Josh Gerben (@JoshGerben) March 15, 2022
Even though she has not revealed much, it could be presumed that one of the most attractive options for artists to enter metaverse is Decentraland, as it is where all kinds of events, both musical and sporting, have taken place.
Indeed, in March, the first fashion week on all the Web 3.0 will be held in Decentraland.
Calling all designers, brands and fashionistas.
Decentraland x @UNXD_NFT presents Metaverse Fashion Week.
A week of Catwalk shows, pop up shops, after parties and immersive experiences 24th – 27th March 2022
have your collections ready! pic.twitter.com/BXkpAV1TOJ
— Decentraland (@decentraland) December 26, 2021
Throughout the week, users will be able to enjoy live presentations on the catwalk and buy the products and accessories on display to dress their avatars.
Other major brands such as Nike, Adidas, Reebok, and Puma have also invested in the metaverse.
The Metaverse Welcomes Mainstream Celebrities
Currently, many celebrities have entered the metaverse either in The Sandbox or Decentraland, looking for a new way to bring their music or products to people who cannot physically attend their stores or concerts or who simply prefer to enjoy them from the comfort of their home.
For example, on Tuesday, March 15, actress and DJ Paris Hilton announced her partnership with The Sandbox during a live DJ gig during the South by Southwest Film Festival (SXSW), which caused the game’s native token (SAND) to increase by more than 8%.
If you’re attending SXSW and are a virtual LAND owner 🏞, you’re on fast track for The Sandbox private party on Tuesday 03/15, with a special guest and DJ Paris Hilton
DM for RSVP 🤘 pic.twitter.com/L7pBnaDxEp
— Sebastien 🏞 (@borgetsebastien) March 14, 2022
This means that as more famous artists such as Rihanna, Paris Hilton, or Snoop Dogg continue to enter the metaverse, these platforms may continue to grow to offer better and better immersive experiences to their users.

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The Rally That Wasn't

The article analyzes Bitcoin's sharp decline amid a shift in macroeconomic expectations, with strong US job data leading markets to price out Fed rate cuts. Bitcoin fell 13% to around $67,000, triggering significant outflows from US spot ETFs and indicating institutional de-risking. On-chain data confirms a bearish structure. Price has dropped back into the "bear market range," with the Short-Term Holder Cost Basis falling below a key mean level—a pattern last seen in early 2022. The profitability bias has collapsed, with loss realization now dominating, mirroring a panic wave from February. Recent buyers who accumulated near the $82k top are under pressure, and loss realization is accelerating across both short-term and long-term holder cohorts. Off-chain, the rally failed at the aggregate US ETF cost basis near $83k, turning it into resistance. Spot market demand has deteriorated sharply, with sellers dominating order books. While a major long liquidation event cleared over $400M in leverage, spot buyers have not returned to absorb supply. Options markets show sustained demand for downside protection (elevated put premiums) but not panic, with volatility premiums near three-month highs. The conclusion is that the market remains fragile, with overhead supply from trapped ETF investors, weak spot demand, and accelerating losses. Without a return of spot buying and a reclaim of key cost bases, Bitcoin is vulnerable to further downside within the prevailing bear market structure.

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The Rally That Wasn't

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