Luxury Staples Embrace NFTs
Bloomberg Crypto29 Elo 2022

Luxury Staples Embrace NFTs

Despite the continued crypto winter, NFTs are still bringing some heat for high end products. Non fungible tokens have become increasingly popular with many luxury brands, and remain a powerful draw for some consumers. High-end retailers Gucci and Tiffany are the latest to jump into the fray with new NFT offerings.

Kering SA’s Gucci says it will accept ApeCoin as legal tender in select US stores. LVMH’s Tiffany & Co also announced it’s launching what it calls N-F-Tiffs: collectible vouchers that can be redeemed by owners of CryptoPunk NFTs for a custom jewelry piece.

The demand for NFTs has slumped in recent months, so why are these brands so bullish on crypto?

Bloomberg journalists Emily Nicolle and Taz Akhtar join Crypto Senior editor Anna Irrera on this episode to discuss why luxury brands have embraced NFTs.

See omnystudio.com/listener for privacy information.

Jaksot(223)

Wall Street Is Looking Bullish On Crypto

Wall Street Is Looking Bullish On Crypto

With everything that has gone on in crypto over the past year, Wall Street would be excused for wanting to take a rain check on digital assets. But some big banks and other large financial firms– like...

14 Helmi 202319min

Who Are The Winklevoss Twins Behind Gemini?

Who Are The Winklevoss Twins Behind Gemini?

If you’ve heard the name Winklevoss, it’s likely that you’ve watched the movie The Social Network. The movie featured a memorable depiction of the Harvard twins and Olympic rowers who sued Mark Zucker...

13 Helmi 202317min

Crypto Billionaires Reconcile, 'Britcoin' In Works

Crypto Billionaires Reconcile, 'Britcoin' In Works

Crypto is an asset class that runs 24/7. It’s hard to keep up. So we’re back with a show that reviews the biggest stories of the week. Here’s one: the United Kingdom is amping up plans to launch a dig...

10 Helmi 202319min

Crypto Hackers Face The Courts

Crypto Hackers Face The Courts

One of the more interesting phrases used by folks in crypto is this one: “code is law.” Think of it this way. Under the idea that “code is law”, what governs whether something - say a transaction - is...

9 Helmi 202317min

Bitcoin Miners Are Back Amid Crypto Rally

Bitcoin Miners Are Back Amid Crypto Rally

Crypto markets, and Bitcoin especially, had a strong start to the year. That’s had a couple of interesting consequences for some of the most important players in the market: Bitcoin miners.2023 has al...

8 Helmi 202313min

What do Venture Capitalists Think About the Crypto Market?

What do Venture Capitalists Think About the Crypto Market?

Like many buzzy, fast-growth, high-risk industries, companies operating in and around crypto and the blockchain have relied heavily on venture capital to fund their activities. Venture capitalists, or...

7 Helmi 202316min

Time to Upgrade the Ethereum Blockchain (Again)

Time to Upgrade the Ethereum Blockchain (Again)

Nearly five months ago, the Ethereum blockchain successfully completed what was — at the time — a very complicated and years-in-the-making update. Called The Merge, it allowed the blockchain to move f...

6 Helmi 202313min

What's The Deal With Bitcoin Going Up?

What's The Deal With Bitcoin Going Up?

Surprising to some, it turned out to be a decent month for crypto. Bitcoin rose almost 40% and some smaller coins did much better. Speaking of risk taking: Wall Street firms are still keen on crypto, ...

3 Helmi 202318min

Suosittua kategoriassa Politiikka ja uutiset

aikalisa
rss-ootsa-kuullut-tasta
ootsa-kuullut-tasta-2
tervo-halme
politiikan-puskaradio
rss-podme-livebox
et-sa-noin-voi-sanoo-esittaa
viisupodi
otetaan-yhdet
rss-asiastudio
rss-mina-ukkola
rikosmyytit
the-ulkopolitist
rss-vaalirankkurit-podcast
io-techin-tekniikkapodcast
linda-maria
rss-kiina-ilmiot
rss-kaikki-uusiksi
rss-hyvaa-huomenta-bryssel
rss-kuka-mina-olen