Megan Kaspar
@megankaspar
Of the $264,305,930 in total NFT revenue of top 13 brands, almost 94% derived from 6 fashion related brands. Strong indicator #digitalfashion will continue to lead as a major driver & use case for NFT tech. kingjames23 @DuneAnalytics table on consolidated brands stats up to Q3’22 🧵 https://i.imgur.com/tSmUCTC
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Sophie
@sophie
Is this because these brands are luxury and so their customers are used to paying big $$ though? So it doesn’t show adoption or new behavior, but rather that with new products, the same brands can still command top dollar?
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Megan Kaspar
@megankaspar
Each brands circumstance is different. If you look at Nike, CloneX generated new found revenue for the brand from non physical products (essentially JPEGs) D&G has completed 4 collections, all with very different consumer bases (couture vs street wear, etc.) This shows new product channels for brands.
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