What can I do with NFT after purchase?
You can share the token, donate it or list it for sale directly from your wallet on the NFT marketplace. There you can see how much your NFT is currently worth.
What are the ways to use it?
- NFT Art Non-fungible
tokens have helped solve the problem of illegal distribution of digital art.
NFT value is determined not only by the work itself, but by the ability to prove ownership of a particular asset. This is what makes crypto art one of the most popular ways to use NFTs.
- Collecting NFTs
Collectibles and art often have a lot in common, so sometimes an NFT token can combine both. Today, these two uses are the most developed and widespread.
- Financial NFTs
NFTs are also used in Decentralized Finance (DeFi) to provide unique financial benefits. Despite the fact that such tokens are usually used to purchase digital items, their functionality is still the main value.
- Gaming NFTs
Microtransactions and in-game purchases have created a multi-billion dollar gaming industry that can use NFTs and blockchain technology.
- Musical NFTs
Collectible NFTs can be audio files - they can be considered the first digital edition of a song.
Creating NFT music is a great use for non-fungible tokens, but without the support of music labels, it is quite difficult to succeed in this area.
- Physical NFT Assets
Combining physical assets with NFTs helps to digitalize the ownership process.
As the Internet of Things develops, NFTs will increasingly be used in conjunction with physical assets.
- Logistics NFTs
Blockchain technology can also be useful in the logistics industry. The transparency and immutability of the system guarantees the accuracy and reliability of information in the supply chain: it is important for buyers of food, medicine and other perishable goods to know where and for how long they have been.
The popularity of NFTs continues to grow, which means we will see more and more different uses for non-fungible tokens!