When it comes to NFTs, cryptocurrencies and the blockchain technology supporting them, the news is not so great. Trading volumes of NFTs have plummeted by about 97% since its January high when it recorded a whooping $17.2billion worth of sales. Now, the phrase, ‘are NFTs’ in Google’s search bar w…
Tag Archive for NFT
Tiffany & Co is turning CryptoPunk NFTs into Wearable Jewellery
From the moment Alexandre Arnault unveiled his Cryptopunk pendant from Tiffany & Co, it was as clear as day that the jewellery brand’s VP was on an exploratory journey to discover how the business can use NFTs to get real-time benefits. The CryptoPunk #3167 pendant was the first project. The …
Can Tag Heuer revolutionalise Horology with its New NFT Function?
When Bernard Arnault set out to expand the LVMH empire, the last thing on his mind might have been Web3 and NFTs, but this is definitely not the case for his scions who are now heading brands under the conglomerate. Alexandre Arnault, VP of Tiffany&Co, showed how NFTs can have real-life uses …
You May Soon Have To Pay for Your Hotel Bookings with an NFT
But don’t get too excited: it is not what you think. Cancellations, especially those done last-minute, are a hotel’s worst nightmare. Empty rooms not only mean decreased revenue, but they may also impact a hotel’s ratings if it happens frequently. Apparently, nothing has worked so far, not even c…
Astra is Africa’s First Metaverse Crypto Game That Allows You Win Real-Life Luxury Items
NFTs. Metaverse. Virtual Fashion. These are terms that have become increasingly common in the last year, with everyone – but most especially the art and luxury fashion industries – running into this otherworldly realm that holds the promise of endless, profitable opportunities. And while business…
Gucci Releases New Sneakers. You Can Only Wear Them Virtually
Italian luxury fashion house, Gucci, is out with its latest product – an $11.99 pair of sneakers. But before you start a mad dash to your computer to see where you can buy them, the sneakers come with a caveat: they can only be worn virtually. Working with Wanna on the Gucci Virtual 25s The…