Over the last few years, many mainstream brands have been involved with NFT and launched various collections. From Gucci to Tiffany & Co., the NFT craze has hit consumer brands hard.
However, among the many brands that have embarked on NFTs, Nike seems to be the most profitable. this is, Dune analysis This marks the apparel brand having earned over $182 million in NFT revenue since the first project was launched.
Nike on top
This number is at the top of the list, beating its closest competitor, Adidas, by more than $100 million. Other brands featured on the list include Tiffany, Dolce & Gabbana and Gucci. Despite the ongoing crypto winter, many of these brands were able to secure high profits from their various NFT-focused projects.
On their part, one of the factors that contributed to this impressive NFT revenue was direct access to established NFT brands. Examples of this include Adidias, which has launched a collaboration with Bored Ape Yacht Club, his NFT collection, the largest in the world, and Tiffany & Co., which has collaborated with CryptoPunks.
Clearly, this meeting of established brands and NFT heavyweights has paid off so far.
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*All investment/financial opinions expressed by NFT PLAZA are based on the personal research and experience of the site moderators and are intended for educational material only. , the product should be thoroughly investigated.

Tokoni Uti has written extensively on blockchain and cryptocurrencies over the years. Her work has been featured on sites such as BTCmanager and Blockchain Reporter. She has a degree in Corporate Communications.