Buying a Rolex watch or a Chanel bag with Bitcoin? It becomes possible with LuxFi. With the vision to bridge the gap between real-world luxury assets and digital assets like nonfungible tokens (NFTs), LuxFi has announced the planned launch of its NFT marketplace. The introduction of LuxFi’s marketplace allows everyone to buy, sell and invest in luxury assets through NFTs with the possibility of using cryptocurrency and traditional payment methods.

The phygital world of luxury evolved into an integral part of the human experience. With the recent worldwide impact of the COVID-19 pandemic and the increasing demand for luxury assets, the luxury market has delved deeper into digital initiatives. The digital revolution has won over the hearts of consumers worldwide, and the prosperous global luxury market has displayed no signs of stopping soon.

NEW YORK, Nov. 06, 2021 (GLOBE NEWSWIRE) -- Recently, LuxFi has announced the launch of its asset-backed NFT marketplace, which will introduce a new way to unlock the true value of its world's first asset-backed NFT marketplace for luxury assets. Crypto holders and luxury lovers have more in common than it might initially appear. Both groups have an expensive eye, but few know how crypto can enhance the luxury industry. LuxFi, the world's first asset-backed NFT marketplace for luxury assets, understands how to harness the power of crypto for the betterment of luxuries, and it's working to bring its solution worldwide.

NEW YORK, NY / ACCESSWIRE / September 24, 2021 / Recently, LuxFi has proudly announced the launch of its platform to assist consumers by circumventing the existing challenges and creating a sustainable ecosystem in the luxury market. This comes in the form of the world's first asset-backed NFT marketplace for luxury assets, integrated with advanced technologies to allow permanent traceability, authentication and asset transferability.

For many people the luxury market is out of reach. However, with LuxFi, that is no longer the case. The platform combines blockchain technology, NFTs, and a luxury goods market open to anyone, anywhere. LuxFi will mark a significant shift in the way luxury goods are traded, and how people acquire them.

NEW YORK, NY / ACCESSWIRE / September 24, 2021 / Recently, LuxFi has proudly announced the launch of its platform to assist consumers by circumventing the existing challenges and creating a sustainable ecosystem in the luxury market. This comes in the form of the world's first asset-backed NFT marketplace for luxury assets, integrated with advanced technologies to allow permanent traceability, authentication and asset transferability.

In the future the metaverse will brim with style. But which fashion brands will play in it this year and into the future? Just as Cryptopunks sparked the NFT market for collectible digital art in 2017, throughout 2021 music and fashion took tentative steps into the metaverse with inaugural NFT launches from popular recording artists and celebrated fashion houses. Whether seeking to break free of the limitations of the physical world or aiming to establish a beachhead in the rapidly evolving Web 3.0, it’s now obvious that having a well thought out strategy to maximize a company's digital presence has become an imperative business necessity. This is equally true across the art world, entertainment industry, and global luxury goods sector.