One of the most exciting developments in the world of crypto has been the advent of non-fungible tokens. They have given rise to a new class of digital assets that are unique and have their own value. Here’s a rundown of some exciting ways that NFTs can be used.
Well if you’re reading this you probably already know what an NFT is, well if not here’s the quick rundown.
Non-fungible tokens (NFTs) are a special class of crypto assets. They are unique, like the name suggests.
There are many uses for NFTs, and they can be used to create digital art or collectibles that can be traded on markets similar to real-life marketplaces.
What is the point of owning an NFT art?
NFTs are digital files, but they can be collected like physical art. On the blockchain, your NFT ownership is recorded and verified by a decentralized network of computers. This means that you can own an original copy of a digital work in the same way that you might own an original print or painting by one of your favorite artists. From an investment perspective, there’s no better way to show off your passion and knowledge about art than with a rare NFT art collection.
1. Get more familiar with the crypto industry
The first NFT you buy can be a huge stimulus for keeping up with the trends. Not only will you be able to see how these objects are created, but you’ll also get a sense of their value and potential uses.
- Do your own research. Watch youtube videos and join discord channels where people discuss everything from the latest news regarding NFTs to technical questions about wallets and transactions. Learn more about what’s happening in the space and how to stay safe while learning and experimenting with your new NFTs.
Best free resources to learn more about NFTs
– Getting started with NFTs, Polygon, Web3, Airdrops, Crypto
– Introduction to NFTs: Non-fungible Tokens
– NFT Beginner Course – Create, Sell and Invest in NFTs Today
– How to NFT?
– BFF community
– NFT Times
- Take a deep dive. Gather your own experience by creating a digital wallet (for example on Metamask or Custody), explore different platforms where users can trade NFTs (OpenSea, Rarebits) or start collecting yourself by buying some collectibles from other users that are selling them online (cryptokitties).
2. Turn NFT artwork into printable products
- Have you ever worn a T-shirt that has some kind of artwork on it? If so, you probably know how much fun it is to wear clothes with images that are not only funny but also make a statement about who you are. Now imagine the same thing for your home—this is one of the ways to use NFT artworks. NFT artwork can be turned into home decorations in many different ways: as cushion covers, pillows, tablecloths and other interior design elements.
3. Frame your NFT using stylish digital displays
5. Mark your gear and face your adventures in a bold way
5. Hold it as an investment asset
One day if it rises in value, you could simply resell it to crypto enthusiasts or those passionate about the NFT market. This is why early adopters are keen to get their hands on as many NFTs as possible; they may be able to create a small fortune by building up a portfolio of these assets as they rise in value over time.
Be original. The possibilities are limitless
The possibilities are limitless. You could connect your NFTs to your smartwatch and frame them using stylish digital displays. Or, do whatever you want with your new NFT even if it means accessorizing your pair of crocs or printing it on a cake.
It’s all up to you!