The biggest winners from NFTs are Nike & Gucci 🤯; One more thing about some of the greatest PMF failures ever 😳; Visa continues building a payment ecosystem that even Marvel would be proud of 💸

FinTech is Eating the World, 31 October

Hey Everyone,

And happy Monday! Today’s issue is super compelling as we’re looking at the biggest winners from NFTs that apparently are Nike & Gucci (& why it matters + a bonus read), one more thing about some of the greatest PMF failures ever (this is a big fat fail!), and Visa that continues building a payment ecosystem that even Marvel would be proud of (& a bonus read on why it should acquire Airwallex). Let’s jump straight into the amazing stuff:

The biggest winners from NFTs are Nike and Gucci 🤯

Data never lies 😳 Many (including myself) believed that non-fungible tokens aka NFTs is a financial revolution for artists that’s going to change the music industry forever. Data now shows us that we were dead wrong.

In fact, it seems that the biggest winners from NFTs (and royalties tied to them) are top NFT projects and corporations like Nike NKE 0.00%↑ and Gucci.

Here’s more on that, why it matters + the takeaway (& one bonus read):