Category: Crypto Assets & NFTs

Understanding True Value of Blockchain NFT Technology Through Cultural & Technological Frameworks

Every society has its own particular tastes and interests which make it unique, and the goods and services a society or people are capable of producing is tied directly to its method of governance and to the way in which it manages its central bank or money system. Individual societies are more connected than ever…
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From Wine, Champagne to Luxury Cognacs… When Liquors Meet NFTs

Who doesn’t love a nice scotch, brandy or cognac after a hard day of work? How about a Hennessey NFT or a can of Budverse? Wait, what? The news is out and some of the largest global alcohol producers are now sinking their cups deep into the most promising blockchain barrels. Let’s have a look…
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$10 Billion in Revenue from Luxury Accessories for Avatars?

It’s no surprise anymore that big luxury fashion houses are eager to explore metaverse and virtual fashion. Far from turning a blind eye, luxury brands have been trying to figure out how to approach VR and AR for quite some time! The new promising realm might help them capture lucrative sales and win over young…
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Diversified Crypto Payment Method: Spend Your Crypto on LuxFi NFT Marketplace Beta Version

As we enter 2022, we see the world beginning to adopt Blockchain technology as a legitimate method of exchange, using Bitcoin, Ethereum and many other crypto assets to buy, sell and trade real-world products and services. We are entering a new age, ushering in new decentralized marketplaces built on a superior means of exchange than…
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Why Are Luxury Brands Launching Their NFT Collections?

With the rise of the metaverse and the world moving towards augmented reality (AR), it’s no surprise that the one innovation that has been dominating the crypto market (and our dinner discussions with family and friends) the entire year is NFT technology. Within the first half of 2021, the digital assets market showed astonishing results,…
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Purchasing Luxury Goods with Cryptocurrency: Fantasy or the Next New Normal?

If we forget about the never-ending-pandemic for a split second, then the one word to describe 2021 would be NFT. Unless you live under a rock, it’s unlikely that you haven’t heard at least one person talking about the new trend — investing in NFTs through buying virtual artworks from artists like Beeple or digital…
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Asset-Backed NFTs May be the Solution to Bubble Fears

It is no surprise that NFTs, like many other technologies not yet fully explored by the general public (it took us a while, too), have already been labeled as a bubble that will eventually burst. To some, it seems that investing in NFTs could appear as an irrational choice. Since an NFT is a digital…
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How Luxury Brands Will Embrace NFTs

Before diving into the topic, you might be wondering, what is an NFT? To put it simply, it is a unique crypto token that acts as a digital certification of ownership rights (but not necessarily copyright) to a digital or physical asset. NFT technology is a tool used to authenticate the token’s unique history. With…
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Buy a Birkin Hermes or Limited Edition Sneakers with Crypto: a Reality with LuxFi

The world of cryptocurrencies is merging with physical goods and services. For a long time, crypto-assets were relegated purely to the realm of the digital economy, that’s no longer the case. Nowadays, people can buy and trade goods and services over the blockchain. The projects tackling this exciting new frontier are at the cutting edge…
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Real-World Asset-Backed NFTs — What Does it Mean?

Blockchain and non-fungible tokens are expanding to more and more new business use cases. It’s an exciting new technology that holds many promises and can unlock the value of many assets in the physical world. The next wave of technology in the crypto space will be the merging of blockchains and real-world assets. This holds…
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