• Advertise
  • Submit a Press Release
  • About Us
NewsBTC

Bitcoin & cryptocurrency news

  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
      • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • CasinosTry
  • Play GamesTry
  • Play Casino GamesTry
  • Best Crypto CasinoTry
No Result
View All Result
Breaking News: Ethereum Price Cracks Above $2,000 As BlackRock Eyes ETH ETF
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
      • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • CasinosTry
  • Play GamesTry
  • Play Casino GamesTry
  • Best Crypto CasinoTry
No Result
View All Result
Bitcoin News
No Result
View All Result
Breaking News: Ethereum Price Cracks Above $2,000 As BlackRock Eyes ETH ETF
Supreme NFT

How Supreme Can Make Millions Through NFTs

NewsBTC by NewsBTC
2 years ago
in Company News
Reading Time: 2 mins read

Supreme – the ultra-trendy brand.  NFTs – a concept that most do not have a grasp of but is bound to be the future for buying and trading art and basically anything digital. Both Supreme and NFTs can benefit one another. The ability to buy Supreme’s digital content through NFTs would be a surefire way to get everyone to know, talk about and want NFTs even more than they do now. But for Supreme, the stakes are higher.  NFTs can be a multi-million dollar opportunity for Supreme, creating a secondary market for the company.

Sounds far-fetched? Well, it doesn’t have to be. First, a quick briefing on NFTs. NFTs are non-fungible tokens that are pieces of digital content linked to the blockchain. This digital content isn’t limited to digital art and can extend to images of physical objects, video game skins, GIFs, Tweets, virtual real estate and more. NFTs are non-fungible, so unlike fungible assets, like Bitcoin, they are unique and not mutually exchangeable. No two NFTs are the same. Once you own an NFT you are the sole owner.

One of the appeals of Supreme has been exclusivity and unparalleled creativity. Everybody wants Supreme’s latest drops, but there are only limited numbers of certain Supreme products. People have waited in line for days to get their hands on Supreme merch. So, there is no reason to believe that people wouldn’t jump on the opportunity to buy Supreme’s NFTs, especially if that means they will be the sole owner of that specific Supreme digital product. And there is no reason why Supreme shouldn’t jump on the opportunity to capitalize on NFTs. The NFT market rose to USD 2.5bn in the first half of 2021, and it just keeps growing and growing. With its unparalleled creative direction, Supreme could create merchandise like digital art and videos that would be coveted by thousands of people.

Luckily, the marriage between Supreme and NFTs could happen very soon thanks to NFT marketplaces like Spores Network that align with its branding and vision. Spores Network believes that the decentralization of ownership and burgeoning metaverse will uniquely bridge our digital and physical lives. Their mission is to create an NFT ecosystem that is creator-centric, community-driven, and borderless. Spore’s unique twist on the NFT marketplace is that they function as a media company that leverages an NFT marketplace and game publishing platform to activate content creators in art, games and entertainment.

Supreme’s capitalization of NFTs could change the future of the company and the future of how NFTs are perceived. For Supreme — and all of us — it would be best if this union happens sooner rather than later.

Tweet123Share196ShareSend
NewsBTC

NewsBTC

Related Posts

Experts Prefer Meme Moguls (MGLS) and Solana (SOL), Monero (XMR) Community Protests ‘Mordinals’

Experts Prefer Meme Moguls (MGLS) and Solana (SOL), Monero (XMR) Community Protests ‘Mordinals’

3 hours ago
Ali Martinez Shares His Analysis on Cardano and Dogecoin – Pullix Grabs Attention With Multi-Asset Staking

Ali Martinez Shares His Analysis on Cardano and Dogecoin – Pullix Grabs Attention With Multi-Asset Staking

4 hours ago
Pullix presale

Experts Prefer Meme Moguls (MGLS) and Solana (SOL), Monero (XMR) Community Protests ‘Mordinals’

10 hours ago
Better than Bitcoin And Ethereum? These 3 Cryptocurrencies Have High 2024 Bull Run Potential

Better than Bitcoin And Ethereum? These 3 Cryptocurrencies Have High 2024 Bull Run Potential

1 day ago
2 Altcoins Outperforming Bitcoin: Everlodge, Curve DAO

2 Altcoins Outperforming Bitcoin: Everlodge, Curve DAO

1 day ago
Analyst Makes A Bullish Ethereum Price Prediction – Piena Finance Welcomes Shiba Inu, Meme Moguls Steals The Spotlight

Analyst Makes A Bullish Ethereum Price Prediction – Piena Finance Welcomes Shiba Inu, Meme Moguls Steals The Spotlight

1 day ago

Premium Partners

Top Casinos

BitStarz

BitStarz

Review · Visit
Punt Casino

Punt Casino

Review · Visit
Trust Dice

Trust Dice

Review · Visit
mBit

mBit

Review · Visit
Inmerion

Inmerion

Review · Visit

Press Releases

  • PolySign, Inc. PUBLIC AUCTION NOTICE OF FORECLOSURE SALE

    9 hours ago
  • Chimpzee Continues to Flourish In Final Week With $2.5...

    10 hours ago
  • Cardano (ADA) sees growth but investors now shifting...

    13 hours ago
  • Retik Finance (RETIK), Ethereum (ETH), and Solana (SOL) are...

    1 day ago
  • Match Chain Mainnet Ready to Roll Out in March

    1 day ago

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

Company

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

© 2023 NewsBTC. All Rights Reserved.

  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
      • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Casinos
  • Play Games
  • Play Casino Games
  • Best Crypto Casino

© 2023 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.