MIRL and Bybit combine forces to push forth FashionFi

 

The MIRL Project has announced a partnership with one of the fastest growing cryptocurrency exchanges in the world, Bybit.

Through this joint step with MIRL into the Metaverse, Bybit will take on the role of presenting partner of the MIRL project and seek to encourage NFT innovation and the FashionFi movement by facilitating the coming-to-life of the MIRL Project at several momentous events such as Art Dubai, happening in March 2022.

MIRL NFTS comes with a physical wearable by world class designers

A step into the Bybit ecosystem

This collaboration also enables MIRL to gain exposure to 6 million Bybit users as well as leverage the capabilities of the Bybit Exchange to provide credible, robust and dynamic utility to the MIRL Ecosystem.

The exchange is the first amongst centralized exchanges in the crypto market to offer true yield and competitive APY on this upcoming NFT collaboration, backed by Bybit’s trusted ByFi Center.

“Bybit is keen to support the FashionFi movement,” said Ben Zhou, CEO and co-founder at Bybit. “MIRL is a great partner for us because we share similar values such as ethical products like slow fashion to unify sustainability with ethics and creating next level NFT and metaverse projects.”

MIRL NFT holders will get exclusive access to 6.88% APY on Ether (ETH) via Flexible Staking for 30 days on Bybit. While NFTs in general have enjoyed several utilities within their ecosystem, a staking privilege of this type is the first among centralized exchanges.

Bybit has also acquired 1,111 out of the collection of 8,888 NFTs in the MIRL genesis collection launching March 10. These 1,111 NFTs will be carefully curated and distributed to esteemed individuals and VIPs of the Bybit ecosystem.

“We are thankful to Bybit for giving our NFT community exclusive privileges within their platform. The idea of NFTs enjoying staking pools on centralized exchanges has never been done before, and this shows Bybit’s commitment to the MIRL community and their out of the box thinking in terms of providing value to our community.” said Joanna Lim, founder of The MIRL Project.

Aligned values from Day One

There is more in common between MIRL and Bybit than meets the eye. MIRL is looking to help new-to-web3 creatives shine by giving them an international platform for their work.

Bybit is dedicated to helping the crypto-curious confidently and safely explore the rapidly evolving and complex crypto universe.

Both entities are dedicated to fostering a safe environment for their ecosystem and conducting their business in the highest level of trust and ethics.

The MIRL Project is also a proponent of “slow fashion”, which points to a shared interest in sustainability.

Shared experiences in the world of MIRL

MIRL will organize a series of offline activations in the form of pop-up stores and fashion showcase across the world – from Singapore to New York in 2022. MIRL holders and selected Bybit VIPs will enjoy equal privileges to attend these events.

“We are looking forward to meeting the MIRL x Bybit community in real life, and have already started work on architecting these experiences,” said Leslie, design lead of The MIRL Project.

“The MIRL Project aligns with Bybit’s interest and mission to be a supporter of meaningful NFT projects that champions the dreamers and weavers of the metaverse.” said Igneus Terrenus, head of communications at Bybit.

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