Why the $1.7 Trillion Fashion Industry Is Going Digital

The co-founder and managing director for FirstLight, Megan Kaspar is renowned as a champion of digital fashion. In October 2021 she became the first person to wear NFT clothing while giving a video interview and was featured in Haute Living’s Miami issue wearing a digital outfit by luxury fashion designer Fendi. Kaspar took an early interest in crypto, investing in Bitcoin in 2011. She is now a founding member of the fashion-centered Red DAO, a group that purchased one of the most expensive fashion NFTs of all time, The Doge Crown by Dolce & Gabbana (423.5 ETH). A staunch advocate of the environmental and social benefits of NFT wearables, Kaspar was recently honored in nft now’s NFT100. In this episode of the nft now podcast we cover:- Kaspar’s journey into into crypto and Web3 fashion- How Web3 could disrupt the fashion industry- What she looks for in Web3 companies when she invests- The most-exciting use cases for digital fashion- The background on the historic interview where she wore NFTs- And much moreTo listen to the audio version of this episode, go to http://smarturl.it/nftnowTo sign up for the nft now newsletter where we break down the NFT market into actionable insights each week, go to: https://www.nftnow.com To follow Kaspar on Twitter, go here: https://twitter.com/megan_kasparTo follow Kaspar on Instagram, go here: https://www.instagram.com/megan.kaspar/ Hosted on Acast. See acast.com/privacy for more information.