There is a new tech wizard in town whose card is rocking young New Yorkers. His name is Billy McFarland. McFarland is an American tech entrepreneur who was born in 1991 and is the founder and CEO of Spling and the Magnises black card as well as a mobile app.
Billy MacFarland was born in New York City but raised in New Jersey. At the tender age of 13, McFarland founded his first company which was an online outsourcing firm that matched clients with best designers. McFarland briefly attended the Bucknell University in Pennsylvania where he studied computer engineering.
The tech wizard founded Magnises in 2013 and officially launched the card in March 2014. He was aiming to create a high-class black card which was community-oriented as well as technology-based. It was to offer perks, guidance as well as cachet that would improve the daily lives of its members and impress the millennial generation.
This card is not a typical credit card since it is not connected to any bank. Rather, it transfers data from an existing credit card onto the Magnises card strip to allow it to be used as the actual debit or credit card while the original card continues to work normally.
The card has a $250-annual fee but no initiation fee or spending conditions. It is only available in New York City and Washington DC with plans of expanding to Boston, Atlanta, Los Angeles, Chicago and London. By 2015, Magnises had over 10000 members and had raised $3 million in venture capital.
During New York Islanders matches at the Barclays Center, all seats in the front rows are not occupied by elderly tycoons in suits, dolled-up celebrities or season fans holders of hockey tickets. They are reserved for millennial living well within their means and enjoying every minute of it. The young ticket holders are members of the Magnises club for millennial who pay only $250 annually for access to high-end privileges.
There is also a WorkPass where NYC-based Magnises members normally get a desk at a co-working space that calls itself “The Most Badass Co-working Space on the Earth” for only $99 per month. They go for as much as $450 per month for others.
For only $65 a month, members can have ClubPass to access different nightclubs every evening. There is also a HotelPass that enables member access $79 hotel rooms in high-end locations in NYC if they check in after 11 pm.
Over the past few decades, the worlds of fashion and technology have seen a lot of changes. The constant is that both industries appear to be growing at the same pace. There is a mutual relationship between the two concepts in that with time, fashion becomes technologically in style. A comparison between the present and the past gives insights into what the future may be like. These words were spoken by Burch Christopher, a fashion icon.
Putting present and past side by side
One of the technological advances that were the hallmark of the 70’s was the boom box. It was popular because suddenly people had the ability to walk around with the tunes that they liked most. In the 80’s, the boom box came with the cassette deck, and it was possible to play music on one side while recording on the other. Fast forward to the 90’s and the boom box was replaced by the walkman. Then, the invention of the iPod brought an end to the trend of the walkman as the fashionable tech gadget. This is an example of how technology develops in alignment with fashion ideas.
Currently, the merging between fashion and technology is very seamless. Most fashion designers take a keen interest in design projects that are in line with tech development. Fashion can be seen as a playground where experiments of all kind are possible according to Anouk Wipprecht, a Dutch designer. It is a known fact that the deeper you dig into technology, the greater the rewards. Anouk is famous for designing the self-painting and drink—making dresses.
The designs of the future in relation to technology
Terese Alstin came up with a design of a bonnet that has an airbag. It is meant to be worn by cyclists around the neck. On impact, the airbag deploys and protects the rider from injuries to the head. Going green is another trend that has been applied a lot in fashion. Projects such as the creation of T-shirts from the inner tubes of bicycles have become possible. There has also been the invention of shoes that can create enough charge for a mobile phone when one starts walking.
There are times when great technological inventions fail to sell because they seem geeky. These are the times when fashion comes in to assist. DVF once helped Google sell their glasses simply because they seemed too geeky.
Chris Burch is the CEO and also founder of Burch Creative Capital. He is also part of investments in nine other companies. He is 63 years old and is very passionate about fashion and technology. Burch creative capital is based in New York.
According to Huffington Post, Burch is a co-founder of the Luxury fashion brand. He understands the power of branding perfectly. These are the skills that he uses when performing sales and spanning his businesses. He has effected a lot of transformation when it comes to fashion and technology.
Visit Chris Burch’s website to learn more.