Web3 and Luxury: Decentralization Paving the Way for a New Era of Opulence
Web3, also known as the decentralized web, is an internet infrastructure that enables peer-to-peer interactions without intermediaries. It is built on blockchain technology, which ensures transparency, security, and immutability. This decentralized nature of Web3 has opened up a world of possibilities for luxury brands, allowing them to redefine the standard of opulence.