Nfts
Dolce & Gabbana sued by client over NFT Metaverse fashion deal
Dolce & Gabbana United States Inc. has been sued by a customer who claims the NFTs he spent $6,000 on that came with outfits to wear in the Metaverse lost 97% of their value because the Italian luxury fashion house missed their delivery.
The company sold non-fungible tokens that were presented as “a range of digital, physical and experiential benefits” and could be bought and sold on the Ethereum cryptocurrency blockchain, according to the complaint. Dolce & Gabbana reportedly told consumers that purchasing DGFamily NFTs would give them access to various digital rewards, physical products and exclusive events.