Cappasity Metaverse for luxury brands
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As we move towards the metaverse, demand for digital fashion and luxury goods will only increase. According to the recent research by Morgan Stanley, NFTs could grow to a roughly $240 billion market by 2030, with digital collectibles from luxury brands making up 8% of the space by that time. The metaverse and blockchain will eventually bring big bucks to luxury brands and open up new opportunities.