What types of NFTs are sold by fashion and luxury brands? 🤔
Here are the 4 most common NFT categories among fashion and luxury brands 👇
1️⃣ — NFT Access: inspired by the “loot boxes” of video games, these NFTs come in the form of chests and contain one or more NFTs. Nike with RTFKT was a pioneer with their NFT MNLTH.
2️⃣ — Digital Twin : gives access to the same physical products
3️⃣ — Gaming Ready: NFTs that come in the form of skins or accessories for avatars for future gaming experiences, in augmented or virtual reality.
4️⃣ — PFP : Photo For Picture, NFTs designed to be avatars for profile pictures on social networks.
Here are the details of the NFT by type launched by Nike 👇