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Demise Tag

9 Jan

For Digital Fashion, Does FTX’s Demise Actually Matter?

For Digital Fashion, Does FTX’s Demise Actually Matter?
The spectacular rise of digital currency exchange FTX and its arguably much more spectacular fall are poised to enter the annals of tech lore. As a case study in hubris, if not outright criminality, the story has generated attention all over the place from area of interest blockchain blogs to mainstream media publications, with critics pondering whether FTX founder Sam Bankman-Fried’s fate will hammer the ultimate nail into crypto’s coffin once and for all. Not so fast, say a still-booming breed of related artists and business executives who depend on digital currency. There’s a foundation of entrepreneurs, creatives and established brands that remain invested within the emerging tech and the applications and experiences it unlocks. For them, the FTX debacle appears...
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