SHOPX: RWA-Powered E-Commerce
  • Introduction to SHOPX
    • 📑Introduction to SHOPX
    • 💡Problems SHOPX Solves
    • 📈Market Opportunity
    • 🥸Global Counterfeit Market
  • The Decentralized Ecosystem
    • 💳Decentralized E-Commerce
    • 💰Staking and SquadX
  • SHOPX Protocol
    • ✅Authenticating RWAs with SHOPX and NFCs
    • ⛓️The RWA Encoded NFC Chip
    • 🔍Third-Party Verification
    • 🧐Authentication for Fraud and Forgery Resistance
    • 😌Confidence in the Secondary Market
    • 👮Insurance Fraud and Central Authorities
  • How NFTs Benefit E-Commerce
    • 🛍️Transforming Affiliate Marketing
    • 🤖Bot Prevention
    • 🎉Exciting Customer Activations
  • Supply Chain and B2B Benefits
    • 📦Decentralized Inventory Database
    • 🗂️Advanced Product Tracking
    • 🚦Automation Through Smart Wallets
  • Economic Theory
    • 📲Why E-Commerce Needs SHOPX
    • 🤚The Invisible Hand
    • ⚖️Supply Chain Pareto Efficiency
  • For Projects and Brands
    • 📘Project Collab Form
    • 📗Brand Collab Form
  • Important Links
    • 🌐SHOPX Website
    • 🐤SHOPX Twitter
    • ↗️SHOPX Telegram
    • 👾SHOPX Discord
    • Ⓜ️SHOPX CoinMarketCap
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  1. Introduction to SHOPX

🥸Global Counterfeit Market

PreviousMarket OpportunityNextDecentralized E-Commerce

Last updated 9 months ago

In 2022, the global market for counterfeits reached an estimated $4.2 trillion, with luxury and fashion goods accounting for a large portion of that total. LVMH alone employs at least 60 lawyers and spends $17 million annually on anti-counterfeiting legal action. SHOPX will put trillions of dollars back in the hands of brands and creators.

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