Only 851 of the bags were available during two releases, making it the rarest piece in the collection, compared with the 2.6 million wide-brim denim hats that were snapped up for free. Their ownership is not limited to any single platform.Įven on Roblox, which has its own marketplace where items can be traded, the Gucci Dionysus Bag with Bee was resold for over $4,100 worth of Robux - exceeding the price of a real Gucci Dionysus bag and a huge premium of the original price of 475 Roblox, roughly $4.75.
NFTs, which might be anything from personalized “skins,” or costumes, for avatars to digital art, can be traded ad-infinitum, potentially growing in value with each trade. Similar items made and traded in the metaverse are known as non-fungible tokens (NFTs) - digital objects backed by blockchain technology certifying their authenticity, and often uniqueness.
While the Gucci items users bought only can be “worn” on the Roblox platform, it is just the tip of the metaverse iceberg.