Pacsun Unleashes Pac Mall Rats NFT Series

Youth retailer continues to expand its position in the Metaverse.

License Global, Content Editor

January 31, 2022

2 Min Read
The Pacsun Mallrat NFT
Pacsun

Pacsun is expanding its presence in the Metaverse by rolling out a series of unique NFTs, Pac Mall Rats. The development of Pac Mall Rats comes on the heels of the brand's first NFT, which debuted in November and was designed around its wave logo.  

The Pacsun Wave NFT sold above the asking price, and 100% of proceeds were donated to the Fashion Scholarship Fund, an organization close to the PacFamily.  

"Being our first NFT, any bid over asking price is a success to us as it shows that there is interest around Pacsun in the NFT world," says Brie Olson, president, Pacsun. "Considering the great response from our community, we realized, like with many of our digital touchpoints, that NFTs are another gateway to speak to our consumer, and we are thrilled to show them our progression in the space with our Pac Mall Rats series."  

Pacsun unveiled three Pac Mall Rats, representing Los Angeles Pacsun retail locations in Santa Monica, Brea and DTLA. Over time, 300 unique Pac Mall Rats will be released to correspond with Pacsun Mall presence and standalone retail locations. Each Pac Mall Rat character is designed by Pacsun's in-house team and created as a full-body look to allow Pacsun to showcase accessories, footwear, tops and bottoms for a comprehensive look that enables the brand to highlight styles from current campaigns and product initiatives.  

"We understand that the virtual world holds equal weight for our Pacsun community as the physical world, and Pac Mall Rats is truly a hybrid between the two," adds Olson. "Our Pac Mall Rats series truly embodies the persona of Pacsun Kids who love the mall space and are heavily influenced by the Metaverse."  

The current collection of Pac Mall Rats is available for auction now on Open Sea, the same marketplace Pacsun used for The Pacsun Wave NFT. The auction window is open until Feb. 7. With each purchase, buyers will receive a physical item of clothing depicting the selected Pac Mall Rat, giving consumers a virtual and physical copy.   

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About the Author

License Global

Content Editor, License Global

License Global is the leading news source for the brand licensing industry, delivering award-winning editorial content including news, trends, analysis, and special reports about the global consumer product and retail marketplace.

Through its print edition, website, daily e-newsletter and event publications, License Global reaches more than 150,000 executives and professionals in all major markets. The magazine also serves as the official publication for the sector’s trade events, which include Licensing Expo, Brand Licensing Europe, France Licensing Day, Licensing for Retail, Licensing Expo Japan, Licensing Expo Shanghai and the Licensing Leadership Summit.

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