It is estimated that Switching to “proof of stake” will slash Ethereum’s energy usage by 99% or more. Paving the way for many brands that have been sitting on the NFT sidelines to start dipping their toes in the water. 🧵👇(2)

Once Ethereum’s Merge is completed (mid-Sept) we will begin to see traditional brands begin to announce and implement the NFT strategies & blockchain use cases they have been working on for the past two years. 🧵👇(3)

This 2nd Great NFT Migration will open the door to many new NFT project launches that do not rely on the typical NFT Avatar/Land models that have been successful to date. 🧵👇(4)

An early adopter in this space is Nike/RTF

KT with the launch of the new NFT/RFID/Street Wear Clone X clothing line this week. The Fashion industry has been an early adopter of the blockchain & created some unique NFT use cases. 🧵👇(5)

Recent NFT launches from fashion brands like Tiffany & Co, Nike, Adidas, Puma, Gucci, & Dolce Gabbana have shown that sales of hundreds of millions of dollars of NFTs are possible in Web 3.0 & have ushered in what will be known as the 2nd Great NFT Migration. 🧵👇(6)

This is good news for existing NFT projects that have been operating in a bear market over the summer. As new NFT use cases are created and brands begin to onboard their existing customers, the second great wave of development & funding will enter the NFT space. 🧵👇(7)

The 2nd Great NFT Migration is Upon Us 🧵👇(8)

So keep your eyes open for some of the new use cases that brands will launch on the blockchain. There will be many opportunities to find that 1 dollar

Meta-Pigeon that turns into a multi-million-dollar brand empire. 🧵👇(9)