NFT / 21.03.2022
The Wonderful World of Virtual Luxury
With the success of NFTs last year, designer brands are beginning to see profitable opportunities in investing in virtual worlds. A Gucci bag, for instance, sold on Roblox’s avatar marketplace for roughly $4,115. In another distant virtual universe, Balenciaga outfits are selling for close to $1000 on Fortnite. The virtual hype market is not limited to gaming experiences either. An NFT for a virtual pair of sneakers earned $3.1m in less than 7 minutes of being on the market. So what is it all about? How You Look At...