As Bitcoin surged past $69,000 on April 7, 2024, the broader digital asset ecosystem was experiencing its own renaissance — one that extended well beyond price charts and trading volumes. In the heart of Manhattan, Web3 luxury brand 9dcc, founded by influential NFT collector and entrepreneur Gmoney, opened a physical pop-up store in SoHo during NFT.NYC, signaling a growing convergence between digital collectibles and high-end retail experiences.
TL;DR
- Web3 luxury brand 9dcc launched a physical pop-up store in SoHo during NFT.NYC in April 2024
- The initiative bridges NFT culture with physical luxury retail experiences
- Bitcoin Ordinals NFTs gained significant traction, reaching a $2.3 billion market valuation
- Bitcoin Puppets collection recorded a floor price of $17,706 as of early April
- The NFT market recorded $8.8 billion in total sales volume throughout 2024
The Rise of Phygital Fashion
9dcc has been steadily building a reputation as one of the most innovative projects at the intersection of blockchain technology and luxury lifestyle. The brand, which leverages NFTs as membership tokens and authentication mechanisms, chose NFT.NYC — one of the largest NFT-focused conferences globally — as the stage for its physical retail debut. The SoHo pop-up was designed to offer visitors a tactile experience of products that exist both as physical items and on-chain assets.
This approach reflects a broader industry trend often described as phygital — the merging of physical and digital experiences. For 9dcc, NFTs are not just speculative JPEGs but functional tools that unlock access, verify authenticity, and create community bonds. The pop-up store allowed attendees to interact with the brand in a way that purely digital storefronts cannot replicate, bringing the ethos of Web3 into a format familiar to traditional luxury consumers.
Bitcoin NFTs Gain Ground
While Ethereum has long dominated the NFT conversation, Bitcoin-based digital collectibles were making waves of their own in early April 2024. Bitcoin Ordinals — inscriptions directly on the Bitcoin blockchain — had reached a collective market valuation of approximately $2.3 billion. The Bitcoin Puppets collection, one of the most sought-after Ordinals projects, maintained a floor price of roughly $17,706 as of April 4, with 24-hour trading volumes reaching 11.87 BTC.
This growth came despite some headwinds, including Binance ending support for Bitcoin Ordinals due to concerns about potential network strain. The resilience of the Bitcoin NFT market underscored the demand for digital collectibles across multiple blockchain ecosystems, not just Ethereum.
A Market in Transition
The broader NFT market in early April 2024 was navigating a complex landscape. While trading volumes had declined from the peaks of 2021-2022, the sector was showing signs of maturation. Total NFT sales for 2024 would ultimately reach $8.8 billion according to year-end data, driven in part by Bitcoin Ordinals growth and a resurgence in Q4 activity.
At the time, BTC was trading at approximately $69,362 on CoinMarketCap, while ETH sat at $3,453. The broader crypto market cap exceeded $2.6 trillion, with the top five assets by market capitalization being Bitcoin, Ethereum, Tether (USDT), BNB, and Solana (SOL) at $179.65. These price levels, near all-time highs, provided a favorable backdrop for NFT market activity.
Luxury Meets Blockchain
9dcc is not alone in exploring the intersection of luxury and blockchain. Marc Jacobs also made headlines around the same time, partnering with Ffface.me to launch an augmented reality Snapchat filter for a new fragrance — another example of how major fashion houses were experimenting with digital-first engagement strategies.
For the NFT space, the involvement of luxury brands serves as a critical bridge to mainstream adoption. While early NFT culture was dominated by crypto-native communities and speculative trading, partnerships with established fashion and lifestyle brands bring new audiences and use cases. Authentication, provenance tracking, and exclusive access are all areas where NFTs add tangible value to physical luxury goods.
Why This Matters
The 9dcc pop-up at NFT.NYC represents more than a single brand event — it illustrates the evolving relationship between digital assets and physical experiences. As Bitcoin surged toward $72,000 and the broader crypto market rallied ahead of the April 20 halving, the NFT sector was quietly building infrastructure for long-term relevance. Projects like 9dcc that bridge the digital-physical divide may prove more durable than purely speculative NFT collections, offering real-world utility that extends beyond price appreciation.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions. Past performance is not indicative of future results.
bitcoin puppets at 17k floor is wild. meme nfts on btc eating eth lunch
Gmoney actually built something real with 9dcc instead of just tweeting hype. rare in this space
phygital fashion sounds like a buzzword but the pop-up model works. people want to touch stuff before dropping eth on it
^ this. had to see the 9dcc quality in person at nft nyc to actually get it. pics dont do it justice
2.3 billion ordinals market in 2024 and somehow eth folks still pretend btc nfts arent real. the numbers dont lie