Assumptions
1min
- Collectors will continue to have a fascination with limited edition collections and always enjoy holding a physical piece in their hands
- The largest brands in the world will continue to monetize their intellectual property by creating physical merchandise and smaller brands should have access to the same opportunities
- The removal of NFT royalty enforcement from most major NFT marketplaces will force NFT projects to find new ways to monetize their intellectual property and creative work
- Brand-building that bridges the digital and physical will become one of the primary ways that NFT holders and projects deliver additional value in the upcoming crypto cycle
- NFT holders who collect physical merchandise (t-shirts, hoodies, sweaters, trading cards, canvases, etc.) representing their digital assets are more likely to hold assets long-term and will engage more deeply with those brands
- Creating unique digital experiences via NFT and NFC technology will remain a novel way to engage with and build customer loyalty for the foreseeable future
- Brands that incentivize their communities to help them build and engage will grow faster than brands without any kind of incentivization system
- There is a growing need for premium private label apparel with few existing outlets in the NFT and crypto space
- The ponzinomics that ruled the last crypto/defi cycle are not sustainable and new methods for value accrual and distribution must be found
- Crypto veterans and newcomers, alike, are seeking out a fun, engaging environment to learn best practices for creating and trading NFTs and crypto, while learning how to effectively engage with decentralized finance platforms, and express themselves creatively