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How are NFTs used in fashion and wearables?

Published 05/27/2023, 10:15 AM
Updated 05/27/2023, 12:00 PM
© Reuters.

The future of NFTs in the fashion industry carries significant potential. This is because the segment is expanding in lock step with the wider NFT market.

Looking at growth over the past couple of years, the global NFT market size was estimated to be $15.54 billion in 2021. Current projections indicate that it is likely to reach the $231 billion valuation mark by 2030, mostly driven by the widespread adoption of NFTs.

include Nike NKE ADDYYNFT wearables is dependent upontheir popularity has risen exponentially

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