The Cold, Hard Truth: Luxury's Engineered Obsolescence Demands a First-Principles Re-architecture
The luxury goods market suffers from 'engineered obsolescence' due to a profound lack of verifiable integrity and economic sovereignty, characterized by opaque provenance and illiquid markets. A first-principles re-architecture using blockchain and RWA tokenization is imperative to establish a truth layer for provenance and reclaim monetary and aesthetic sovereignty through fractionalized ownership.