NFTs: The Unexpected New Marketplace for Dupe Designer Handbags
Arielle Flamenbaum – In 2021, digital designer Mason Rothschild produced and marketed 100 Non-Fungible Tokens (NFTs) he called “MetaBirkins,” which depicted digitally created Hermès Birkin handbags that looked like they were made of fur. By January 2022, Rothschild’s NFT series generated about $1.2 million in sales. In response, Hermès sued Rothschild. The French luxury design […]