Gap Is Launching NFT Hoodie Art That Unlocks Physical Clothing

Gap (GPS) is the latest retailer to launch an NFT collection, which includes $415 tokens that come with a physical hoodie.

If you remember yesterday’s note, Wikipedia’s editors were trying to decide if an NFT is “art” or a “token representing the art.” Is the Gap NFT a hoodie or a token that will get you access to an actual hoodie?

See, this is not a hard question at all. (Hint: You can’t wear an NFT.)