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Art

Art

Art is the most common type of NFT that people are aware of. These can be individual pieces or part of collection like Punks or Bored Ape Yatch clubs.

People like collecting Art NFTs just as they like to buy paintings, baseball cards or statement fashion pieces.

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23 reads

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DEEPAK ROHRA

Thanks for reading if your interested to know more then click the link at the top

DEEPAK ROHRA

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4 Types Of NFTs That Will Revolutionize Entertainment Industry

4 Types Of NFTs That Will Revolutionize Entertainment Industry

NFTs or Non Fungible (read interchangeable) Token are set of block chain standards that enable secure onwership of digital assets.

As more people figure out how they can leverage this technology, we are starting to see more and more use cases for NFTs.

Here are 7 types of NFTs that yo...

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21 reads

Tickets

Tickets

One can turn concert/movie/club tickets into an NFTs which can be leveraged to trade further at higher price where the organiser gets the cut everytime the ticket is resold.

This would also make the whole process friction less and creators can allow NFT holders/fans a private meet.

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23 reads

Music

Music

This vertical of NFTs is increasing very rapidly. Web2 contributes very little to earnings of musicians. Web3 allows musicians to turn their music/songs/Album into an NFT.

Which inturn provides endless royalties to musicians as they get their cut everytime someone buys their music.

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16 reads

In-Game Purchases

In-Game Purchases

Today, gamers spend roughly $40B/year in In-Games purchases. But they don't own those purchases, the gaming company does.

By turning these objects into NFTs gamers would genuinely own the objects/goods purchased in those Games

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22 reads

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deeroh25

I write about: Books ๐Ÿ“š Web3 Mental tools ๐Ÿง  you can use to understand life ๐ŸŒฑ, make decisions ๐Ÿฆฎ & solve problems ๐ŸŒˆ Follow & allow your #ideas to flourish ๐ŸŒบ Click here ๐Ÿ‘‡ to learn More

One you understand how NFTs can be leveraged it'll blow you away. Read more to learn how NFTs would revolutionize entertainment industry

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Related Collections

MORE LIKE THIS

WHAT IS CRYPTO ART?

WHAT IS CRYPTO ART?

Crypto art is a digital art form. It is treated like physical artwork collections, and owners may have verified ownership of a piece of crypto art. The art world has long had established systems for collection paintings...

What about piracy?

What about piracy?

You can copy a digital file as many times as you want, including the art thatโ€™s included with an NFT.

But NFTs are designed to give you something that canโ€™t be copied: ownership of the work (though the artist can still retain the copyright and reproduction rights, just like...

How do they work?

How do they work?

At a very high level, most NFTs are part of the Ethereum blockchain. Ethereum is a cryptocurrency, like bitcoin or dogecoin, but its blockchain also supports these NFTs, which store extra information that makes them work differently from, say, an...

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