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How Fashion Can Utilise NFTs Today

BoF shares exclusive insights from its Professional Summit: New Frontiers in Fashion and Technology on the practical opportunities for NFTs in fashion and the current readiness of consumers.
BoF's Professional Summit: New Frontiers in Fashion and Technology
On stage at BoF's Professional Summit: New Frontiers in Fashion and Technology, discussing 'The NFT Debate: Is There a Viable Business Model for Fashion?' From left: Coinbase's Ejaaz Ahamadeen, The NPD Group's Matt Powell and Highsnobiety's Jeff Carvalho. (Getty Images for The Business of Fashion)
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NFTs — non-fungible tokens — surged in popularity in 2021. BoF Insights reported sales reached $10.7 billion in Q3 2021, more than eight times the volume of the previous quarter — a figure that has plateaued over the past two quarters.

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