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What about Supreme? or Stone Island? or Common Projects? These brands have value because of the current culture. And they will not have much value once that cul
by throw_nbvc1234 4y ago
What about Supreme? or Stone Island? or Common Projects? These brands have value because of the current culture. And they will not have much value once that culture shifts.
People will spend money on status symbols and will continue to for a long time. NFT's (or something else like them) in a world with metaverses will likely become status symbols. Doesn't mean any individual aesthetic NFT has value but the general concept could survive and mirror the trends seen in (expensive) clothing brands.
And the majority of people won't care and will think it's a complete waste of money.
- weatherlite 4y agoWell you made me Google it Rolex was founded in 1905, that is quite a few culture shifts coming and going...we can safely call it durable. It's very possible NFTs will be the same we just don't know yet.