Long Take: Luxury and Fashion market structure applied to finance, NFTs, and DAOs
Hi Fintech futurists --
This week, we cover the following:
Thesis: Luxury and fashion markets are structurally different from finance or commodity markets in that they seek to limit supply in order to generate value. This increases price and social status. We can analogize these brand dynamics to what is happening in NFT digital object markets and better understand their function as a result.
Companies: PleasrDAO, Flamingo DAO, Aspiration, Step, FTX, Christie’s, CryptoPunks, Robinhood, Aragon
Topics: eCommerce, DAOs, NFTs, social media, marketing, branding, influencers, microeconomics
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