Monday, December 6, 2021

Family Australia NFT - Building a Decentralize Clothing Company on Fantom

FamilyNFT: NFT based clothing Company on Fantom

Family Australia NFT - Building a Decentralize Clothing Company on Fantom

Description: Made with only the best quality French Terry Cotton Fabric, specifically engineered to balance softness and thickness to maximize comfort. With our Classic Script logo embroidered for that luxurious minimalistic look. Luxuriously soft and ridiculously cozy, our relaxed unisex fit will keep you looking fresh whilst keeping you warm during the harsh winters. The perfect everyday outfit that gives off a cool luxurious vibe.

A Decentralized Clothing Company is a company that should be able to run autonomously with no bottleneck of a singular individual making the key decisions. Being able to achieve this requires plenty of foundational work and should be ready by Year 5-6 of the business. It’s similar to the Fantom Foundation dilemma, where if you rush decentralization then it could cause more headaches/problems down the line, so its best to build it out slowly for the long run. Within certain parameters, a Clothing Company’s processes can be automatized by using a DAO. This can be achieved by establishing the necessary fundamentals of each garment (GSM weight of the fabric material, Type of fabric, What type of fit, Types of finishing, etc.) and leaving the variability decisions (Design, color, scarcity, what garment to make, etc.) up to the DAO. Being able to achieve this is harder than it seems and I’ve listed a few problems that we could end up tackling.


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