{"id":53351,"date":"2021-11-23T11:22:44","date_gmt":"2021-11-23T09:22:44","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=53351"},"modified":"2025-09-03T14:46:38","modified_gmt":"2025-09-03T11:46:38","slug":"morgan-stanley-pegs-luxury-nft-market-at-56bn-by-2030","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/morgan-stanley-pegs-luxury-nft-market-at-56bn-by-2030\/","title":{"rendered":"Morgan Stanley pegs luxury-NFT market at $56bn by 2030"},"content":{"rendered":"

The market for non-fungible tokens (NFTs) could reach $300 billion by 2030, of which $56 billion would pertain to the luxury goods industry. Such estimates are contained in a report by Morgan Stanley analysts, CoinDesk reports.<\/p>\n

Premium-category goods manufacturers will boost revenue by embracing NFTs and metaverse tokens.<\/p>\n

\n

“These directions will allow luxury-brand owners to monetise the intellectual property created over decades”<\/em>, the specialists explained.<\/p>\n<\/blockquote>\n

the sale of Dolce & Gabbana<\/a> in October of the first NFT collection for 1885 ETH (about $6.3 million at the then-current rate).<\/p>\n

Other companies are also discussing potential collaborations with blockchain teams to implement similar initiatives.<\/p>\n

According to Morgan Stanley’s estimates, the industry players could expand the size of the addressable market by 10%, and earnings before interest and taxes by 25%.<\/p>\n

In April 2021 Vogue Business reported that Italian fashion house Gucci and a number of other luxury brands to launch their own NFTs<\/a>.<\/p>\n

Subscribe to ForkLog news on VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

The NFT market could reach $300 billion by 2030, with $56 billion attributed to the luxury goods industry. Such estimates come from Morgan Stanley analysts, CoinDesk reports.<\/p>\n","protected":false},"author":1,"featured_media":53352,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[873,1213,167],"class_list":["post-53351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-morgan-stanley","tag-nft","tag-research"],"aioseo_notices":[],"amp_enabled":true,"views":"36","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/53351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=53351"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/53351\/revisions"}],"predecessor-version":[{"id":53353,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/53351\/revisions\/53353"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/53352"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=53351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=53351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=53351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}