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NFTs will Bridge the Gap Between the Real World and the Metaverse

Retail TouchPoints

Due to the global financial crisis, advancements in blockchain technology as well as the proliferation of digital assets available built momentum for NFTs. Regulators have also been confused distinguishing between NFTs, stablecoins, and cryptocurrencies. More Than a Digital Asset NFTs are most often talked about as digital art objects.

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New Marketplace for High-End Digital (and Some Physical) Fashions Debuts

Retail TouchPoints

By curating their own Collections via their cryptocurrency wallet, users can express their unique point of view on digital fashion, while brands can expand their narratives and tap into an entirely new audience. A new luxury digital fashion platform, SYKY , has launched in conjunction with London Fashion Week.

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Ripple and Lunu partner to enable luxury retailers to accept cryptocurrency payments

365 Retail

Today, Ripple , the leader in enterprise blockchain and crypto solutions, has announced a partnership with Lunu to support the Berlin-based company’s luxury retailers in accepting cryptocurrency as a form of payment in store and online using Ripple’s Liquidity Hub. RippleNet’s annualized payment volume run rate now stands at $15B.

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eCommerce and Cryptocurrency: Helping SMBs Navigate a Changing Payment Landscape

Korona

The use of cryptocurrencies for online shopping has shown parallel expansion. Naturally, though, as with any emerging technology, there are some factors and challenges of which you should be aware. What Is Cryptocurrency? What Are The Top Cryptocurrencies To Know ? How to Pick a Cryptocurrency eCommerce Gateway.

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As Gen Z Gains Spending Power, Luxury Brands Go Big with Digital  

Retail TouchPoints

Within this role, Livi serves as a spokesperson for the brand, especially when promoting its technology interests and advancements. Recently, Gucci has been moving full steam into a new digital world with Vault , a metaverse-heavy initiative that tests the creative potential for virtual spaces through NFTs and Web3 technology.

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New Solana Spaces Store in NYC Heralds Coming Wave of ‘Phygital’ Web3 Concepts

Retail TouchPoints

On the opposite side of the entry is another, smaller screen with an introductory video that explains blockchain, cryptocurrency and Solana to the uninitiated. The store also features an NFT Gallery with digital art displayed in Meural art frames alongside limited-edition merchandise; each month the collection will be changed out.

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What Gives NFT Value?

Ecommerce Platforms

The term NFT stands for non-fungible token , and refers to a type of digital asset that is based on blockchain technology. When you think of fungible assets, you can refer to cryptocurrency such as Bitcoin, which can be replaced by another unit of its kind. What is an NFT? What Type of Assets Can Be Turned Into an NFT?