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Agenda-setting intelligence, analysis and advice for the global fashion community.

What Fashion Needs to Know About the NFT Market Rollercoaster

Right now, NFTs look both like an opportunity fashion brands are just starting to tap and a short-lived fad already entering terminal decline. Which is it?
On May 3, just two days after OpenSea, the largest NFT marketplace, saw a record $476 million in trading in a single day, The Wall Street Journal, citing a different set of data, proclaimed in a headline that the NFT market was “flatlining.”
On May 3, just two days after OpenSea, the largest NFT marketplace, saw a record $476 million in trading in a single day, The Wall Street Journal, citing a different set of data, proclaimed in a headline that the NFT market was “flatlining.” (Getty Images)

Talk about mixed signals.

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