Louis Vuitton Set to Launch $42,000 Physical-Backed NFT Trunks
French luxury fashion house Louis Vuitton has announced its first non-fungible token (NFT) collection, with each iconic-trunk-turned-digital-collectible coming with a tag of nearly $42,000. According to Vogue Business, t...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
According to Vogue Business, the fashion giant has prepared a collection of phygital "Treasure Trunks".
These NFTs will also serve as access passes to future products, experiences, and the community of holders....
Read More: Louis Vuitton Set to Launch $42,000 Physical-Backed NFT Trunks
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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