LVMHF (LVMHF -0.24%) owned Tiffany & Co recently sold an NFT redeemable for a Cryptopunk piece of jewelry. The offer was mocked on social media, but it brought in $15 million and could show the future of marketing in a digital world.
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About the Author
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
Stocks Mentioned
Lvmh Moët Hennessy - Louis Vuitton, Société Européenne
OTC: LVMHF
$531.25
(-0.24%)-$1.29
LVMH Moët Hennessy - Louis Vuitton
OTC: LVMUY
$106.03
(+0.03%)+$0.03
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.