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NFTs Have the Power to Dissolve the Counterfeit Goods Black Market that is Worth Billions | HackerNoon

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'Since Nike's 1984 signing of Michael Jordan birthed the modern sneaker industry—known for a $6 billion resale industry (expected to grow to $30 billion by 2030)—sneakers have been on a collision course with Web3', bart_hillerich.

The modern sneaker industry has been on a collision course with Web3.

The counterfeit sneaker epidemic is the catalyst that will ultimately bring about the propagation of Web3 technology across the entire industry. What is the industry to do to eliminate the constant state of paranoia that sneakerheads live in?

 

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