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Every Brand Will Have A Web3 Strategy | Camilla McFarland, Avery Akkineni

Empire

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The Barrier to NFTs

I'm obsessed with like NFTs as receipts, especially for luxury items. The barrier to that is honestly consumer adoption. Like if more people had a wallet than more brands would do it. But the adoption is too low right now for it to really be meaningful. I think these like brands doing free NFT giveaways or tied to a purchase in some way is so brilliant because brands don't really understand the Web3 dataset fully yet where they're used to the data they know.

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