What is the future of NFT and what should we expect next?

Goes beyond the world of art:

While NFTs have gained popularity primarily in the art world, their potential extends far beyond it. In the future, we can expect that NFTs will spread to even more different industries. Gaming companies can use NFT to grant players ownership of in-game assets, while fashion brands can create limited-edition digital collectibles. All this is already being practiced, but in the near future the scope of coverage will become more global.  

Improved compatibility and cross-platform integration:

As the NFT ecosystem develops, interaction will become a key focus. Currently, NFTs are largely limited to specific platforms or trading platforms, which limits their portability. However, advances in blockchain technology will ensure smooth cross-platform integration, allowing NFT to move freely between different ecosystems. This compatibility will open up new opportunities for creators and collectors, contributing to the creation of a more interconnected and dynamic NFT market.

Integration of DeFi and NFT:

DeFi has gained significant popularity, revolutionizing traditional financial systems. In the future, we can expect the integration of DeFi protocols with NFT, which will create new opportunities for liquidity and financial innovation. NFT owners will be able to use their assets as collateral for loans, split up their property and even participate in decentralized trading platforms. This integration will unlock the value of NFT, providing greater accessibility and liquidity for collectors.

Evolution of intellectual property rights:

The concept of intellectual property rights in the digital sphere is still evolving, and NFTs present both opportunities and challenges in this regard. As events develop in the future, we can expect to develop frameworks and legal mechanisms to protect the rights of authors and ensure proper attribution and compensation. Smart contracts embedded in NFT will give creators more control over their work, allowing them to receive royalties whenever their NFT is sold.

The future of NFT is undoubtedly exciting and holds great potential for innovation and creativity. As NFTs move beyond the art world, become more compatible and integrated with DeFi, they will redefine various industries and revolutionize ownership in the digital realm. By staying up to date with the latest trends and taking advantage of the opportunities that open up, we can look forward to a future in which NFTs will play a transformative role in our lives.