Italy to create the crypto art Renaissance: NFT market report

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Italy’s NFT market is predicted to hit $3.6 billion by 2028.

They not only represented an innovation for Italy but

. Over the last year, Dolce & Gabbana generated $25.6 million worth in revenue from their NFTs, and Gucci $11.5 million.through digital events and wearables, many of which incorporated NFTs. Fashion brands aren’t the only forces pushing Italy into the NFT spotlight. The country’s rich cultural history has also seen some Web3-related activities.via digital assets, used the Arco della Pace, or the Arc of Peace, in Milan, Italy, as its first subject.to help Italian NFT artists, called “crypto renaissance,” which harks back to the country’s emergence as an art leader during the Renaissance period.

 

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Do they own italy.eth or nft.eth? What about art.eth?

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