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Luxury Italian Retailer Michele Franzese Moda Reveals Fashion Brand Accepts Crypto Payments
26.3.2022
The Italian luxury brand Michele Franzese Moda has announced the firm is accepting crypto assets for payments. The company revealed the decision via Michele Franzese Moda’s online magazine in an article called “Its Time for Crypto.” Italian luxury Brand Michele Franzese Moda...
McLaren to Mint NFTs of Luxury Supercars in InfiniteWorld Partnership
15.3.2022
McLaren Automotive plans to create and mint non-fungible tokens (NFTs) of its luxury supercars in a partnership with metaverse infrastructure platform InfiniteWorld
UNXD Raises $4M to Bring Luxury Fashion to the Metaverse
8.3.2022
The raise included participation from prominent metaverse investors Animoca Brands and Polygon Studios
Sotheby’s Cancels Cryptopunks NFT Auction After Consignor ‘Decided to Hodl’ Collectibles
25.2.2022
On February 8, the multinational luxury auction company Sotheby’s announced the firm would be auctioning 104 Cryptopunk non-fungible token (NFT) collectibles, but before the event started Sotheby’s canceled the event. It seems “0x650d,” the owner of the Cryptopunks NFTs...
FTX Hires a Former Model, Marks Its Entry Into the Luxury Market
24.2.2022
After a boom in the last year, the cryptocurrency projects are working towards bringing this lucrative market to the mainstream business industries. Following this trend, FTX will now bring cryptocurrency to the $300 billion uncapped luxury market economy. The new announcement comes after...
FTX Hires Beauty Entrepreneur Lauren Remington Platt to Target Luxury Partnerships
23.2.2022
The crypto exchange said it hopes Platt’s appointment will help it capitalize on the over $300 billion luxury goods market
Luxury Auction House Sotheby’s Plans to Auction 104 Cryptopunks Worth an Estimated $20M
9.2.2022
On Tuesday, the British-founded American multinational luxury auction company Sotheby’s, headquartered in New York City, announced the auction house is planning to auction a lot of 104 non-fungible token (NFT) Cryptopunks. The lot of 104 NFTs is predicted to fetch around $20 million to...
Altcoins Gain Bigger Share in Payments, Crypto Spending on Luxury Goods Jumped in 2021 - BitPay
17.1.2022
Crypto payments processor BitPay says that the bitcoin (BTC) payments at merchants who use the company’s services dropped to 65% of all processed payments last year -- a decline from 92% in 2020. ...
Read More: Altcoins Gain Bigger Share in Payments, Crypto Spending on Luxury Goods Jumped...
Studio Ghibli Teams Up With Luxury Brand For Some Expensive Merch
13.1.2022
Spirited Away is getting the luxury designer goods treatment from venerated fashion house Loewe. The brand’s items are usually on the pricey side, so you can bet the Studio Ghibli ones are, too. Read more
Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG
28.12.2021
The Italian luxury sports car manufacturer headquartered in Maranello, Italy, Ferrari has announced the firm is partnering with Velas Network AG, a firm that specializes in blockchain and non-fungible token (NFT) technology. Ferrari Reveals Partnership With Blockchain Firm Velas On December...
Metaverse opens the gateway for luxury NFTs to become a multi-billion market
11.12.2021
Thanks to the Metaverse, luxury NFTs from premium brands can see their total value skyrocket, potentially reaching $56 billion by 2030
Sotheby’s to Bring Down the Hammer in Ethereum on 2 Iconic Banksy Paintings
11.11.2021
Sotheby’s, the British-founded American luxury auction house, has announced the company will be selling Banksy works for real-time bids in ethereum at “The Now Evening Auction” on November 18. While the upcoming auction will have pieces from highly acclaimed artists such...
How to Invest in LuxFi – the Luxury Asset-Backed NFT Marketplace
5.11.2021
For many people the luxury market is out of reach. However, with LuxFi, that is no longer the case. The platform combines blockchain technology, NFTs, and a luxury goods market open to anyone, anywhere. LuxFi will mark a significant shift in the way luxury goods are traded, and how people acquire...
Culture converges with blockchain as luxury fashion brands launch NFT collections
26.10.2021
Luxury fashion brands are launching NFT collections, but will the concept resonate with the fashion industry at large?
Paris Hilton Lists a Few Pieces From Her NFT Collection via Sotheby’s Metaverse Marketplace
24.10.2021
Last week the leading luxury auction house Sotheby’s introduced its non-fungible token (NFT) marketplace called “Metaverse.” The Sotheby’s NFT marketplace has featured a number of collectible artworks including cards from the Rare Pepe card collection. Now the socialite...
Concierge Service Catering to Crypto Whales Sees 500% Increase in Clients Over the Last 6 Months
19.10.2021
On Tuesday, Concierge.io, the exclusive travel service backed by Travala.com announced it added new luxury services in order to give crypto investors “a more premium experience to live out their travel dreams.” The concierge service for “the crypto world’s elite”...
Italian Luxury Fashion House Dolce & Gabbana Sells NFT Collection for $5.7 Million
2.10.2021
On September 30, the Italian luxury fashion house Dolce & Gabbana sold an NFT collection for $5.7 million or 1,885 ether. The designers’ Collezione Genesi collection was sold via the platform UNXD, a Polygon network-powered marketplace. Dolce and Gabbana’s Collezione Genesi Rakes...
The NFTs Revolution: LuxFi Is Launching Asset-Backed NFT Marketplace for Luxury Assets
26.9.2021
Buying a Rolex watch or a Chanel bag with Bitcoins? It becomes possible with LuxFi. With the vision to bridge the gap between real-world luxury assets and digital assets (NFTs), LuxFi has announced the planned launch of its NFT marketplace. The introduction of LuxFi’s marketplace allows...
Nomura offers customers token subscription service for a luxury Italian restaurant
27.8.2021
Major Japanese financial firm Nomura has today announced a new blockchain token service to buy and trade food dishes at an up-market Italian restaurant
British Auction House Christie’s to Auction Cryptopunks, Meebits, Bored Apes NFTs
7.8.2021
The well known luxury auction house Christie’s has announced the company’s first non-fungible token (NFT) art sale in Asia on September 17. According to the announcement, the NFTs will feature Cryptopunks by Larva Labs, Meebits, and Bored Apes. Christie’s Reveals First NFT Auction...