Fermion Protocol, a cutting-edge real-world asset (RWA) application built on Ethereum’s layer-2 network Base, has launched its services with an ambitious first project—fractionalizing Dolce & Gabbana’s iconic “Glass Suit,” a digital couture piece that sold for $1 million.
Originally part of Dolce & Gabbana’s prestigious Collezione Genesi, the Glass Suit was auctioned in 2021 and acquired by Boson Protocol. The sale included both a physical, meticulously handcrafted suit—crafted over eight months—and its digital counterpart, minted as an Ethereum NFT. Now, Boson Protocol’s founder, Justin Banon, is taking this landmark piece into new territory through Fermion Protocol, which is built within the broader Boson metasystem.
Fermion’s mission is clear: to democratize access to high-end luxury assets by fractionalizing and tokenizing real-world goods, starting with the exclusive Glass Suit. This means that instead of a single owner holding the entire digital couture piece, multiple investors can now purchase fractional shares, turning an ultra-luxury item into an accessible investment opportunity.
By merging blockchain technology with the luxury market, Fermion Protocol aims to unlock new ways for people to engage with high-end fashion and collectibles.
Fermion Protocol’s Digital Fractionalization Process
Fractionalization, the process of dividing a digital asset into multiple shares or “shards,” allows for distributed ownership among a wider audience. This model offers a fresh take on luxury consumption, making exclusive assets more accessible without compromising their prestige. As Fermion founder Justin Banon explains, the shift comes at a critical time for the luxury industry.
“With 2% of customers now driving 45% of luxury sales, there’s a clear need to rebuild broader connections with luxury audiences,” Banon said.
“As luxury consumers report a declining feeling of exclusivity, fractionalization presents a new model for those seeking elevated luxury consumption while offering instant verification of the provenance of vintage pieces by checking their digital credentials on decentralized networks.”
To celebrate the launch, Fermion Protocol is engaging the Web3 community through an interactive airdrop campaign. Fragments of the Glass Suit will be distributed to members of the Fermion, Boson, and broader Web3 fashion communities. The airdrop will be facilitated by a decentralized AI commerce agent, which acts as a virtual representation of the suit, guiding users through a gamified experience to claim their share.
While the digital version of the Glass Suit is being fractionalized, the physical piece remains safely stored at Dolce & Gabbana’s Alta Moda atelier in Milan, Italy, preserving its real-world prestige and connection to the brand’s heritage.
Boson Protocol, delivers decentralized infrastructure for the tokenization of real-world assets. its native token, the Ethereum-based BOSON has dropped nearly 10% over the past week, trading at $0.155—over 97% below its all-time high of $5.36, recorded in 2021.
Quick Facts:
- Fermion Protocol has fractionalized Dolce & Gabbana’s $1 million Glass Suit, allowing multiple investors to own a share.
- The Glass Suit combines a physical couture piece with a digital NFT, exemplifying the merger of traditional fashion and blockchain technology.
- This initiative lowers the barrier to entry for luxury asset investment, making high-end digital fashion accessible to a wider audience.
- Fermion is enhancing user involvement through interactive airdrops and gamified experiences, promoting a collaborative ownership model.
