Fashion in Metaverse: Trace Networks Labs revolutionising fashion industry by taking it on Metaverse

Fashion in Metaverse: Metaverse in India is rapidly expanding, with a market size of US$ 2.4 billion and a CAGR of 39.2 percent from 2022-2030 to reach US$ 33.9 billion by 2030. Having said that, every industry entering the virtual space, fashion industry is no exception. With this, Trace Network Labs is changing the dimensions of the fashion and lifestyle industry with a metaverse platform. SME Futures spoke with Lokesh Rao, Co-Founder of Trace Network Labs, to learn more about the new concept of providing physical products from major clothing brands in the metaverse.