A digital luxury item can be anything from: a) a non-fungible token in the form of a virtual product, like Dolce & Gabbana’s the Doge Crown or Gucci’s Dionysus bag that can be used, owned, exchanged, rented or sold in digital environments, b) a token that is a membership card, DAO contribution recognition, a PFP and a social visa, like BAYC or RARE curation token, c) virtual products that are worn in metaverses, like Roblox and Fortnite skins, d) physical products with virtual counterparts, like Diesel’s new PROTOTYPE sneaker and a corresponding NFT, or e) the image of a physical product or a look or a moodboard or any other piece of rare, exclusive or coveted content turned into an NFT and distributed as part of a collection.