Decoding 2023’s Web3 retail trends post NFT rush ...Middle East

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Decoding 2023’s Web3 retail trends post NFT rush
Last year, luxury wanted a slice of the non-fungible token (NFT) and metaverse pies, with umpteen fashion brands hastily diving into the digital space. Fast-forward to 2023 and Web3 has undergone a seismic shift as a result of this gold rush going bust. Crashes, controversies, rug-pulls all seemed to happen at once, forcing the luxury and fashion world to refine their Web3 strategies in a maturing and more cautious market.   Jing Daily takes a look at the emerging trends and novel concepts surfacing across the digital sphere today, and what they mean for the future of fashion.  While 2022 was marked by a crypto market crash, waning popular interest, a lack of Web3 tech nous, and saw numerous

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