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comment by uhsguy
uhsguy  ·  306 days ago  ·  link  ·    ·  parent  ·  post: Luxury Hand-Me-Downs Are Now Worth Billions of Dollars

The NFT shoes are certificates redeemable for shoes aren't they? Like no need to own the actual watch just buy an option on with option for redemption of physical. A luxury good equivalent of a metals/commodity exchange. Thats probably the best use of blockchain. Trade in the NFTs have the exchange charge a fee but store the actual in a vault. Or better yet, never actually make the watch just build it on demand if its actually claimed.





kleinbl00  ·  305 days ago  ·  link  ·  

No.

RTFKT definitely has nft-only shoes but Nike has a bunch of lines on the blockchain.

The watches are actual watches with a certificate tied to the blockchain.

I'm not going to fucking do this again.