Topic: What nft functions can you think of? - page 2. (Read 340 times)
To my mind Non-fungible tokens are ideal to store information. They are likely to replace our passports, medical cards, insurance policies, driving licenses, tickets- everything that must exist in one specimen. Moreover, the NFT sphere is developing now, as there are a lot of unsolved issues with multi-chain support, security (we need secret NFTs) and with storage of them.
NFT can be used as proof of provenance. More and more people recognize and understand the value of NFT. It is not only the ownership of original artwork and game tokens and other intellectual property rights, but also represents real assets such as real estate stocks.
There are a lot of NFT games already and they're making the buzz in the crypto community. The common NFT games are made on Eth's blockchain and as well as BSC.
I guess this is going to revolutionize the future gaming and it's actually the future of gaming. The play to earn is getting the attention of everyone and it's making noise lately.
I guess this is going to revolutionize the future gaming and it's actually the future of gaming. The play to earn is getting the attention of everyone and it's making noise lately.
There are a lot of functions that NFTs will be capable of performing. Digital pictures and game things are not their limit. We can tokenize a variety of things from documents to business processes. Non-fungible tokens can be used as collectible tokens, impact tokens (give you different rights), access (capability) tokens, data tokens, identity tokens etc.
I like someone mentioned movies this allows independent filmmakers to create their own movies using nft platforms. Games, Videos, Arts, Music are just few examples I can come up with on top of my head. You can also sell tickets to online music festival through nft platforms.
I always think that NFT could always excel in adoption for game, imagine a game that has unique NFT for each of its item and making it able to be transactioned. I mean I know there are plenty of game's like that take advantage of NFT like that but what I imagined is a triple A game or every modern game implementing that which have really big user base, and all the game's item integrated within one block chain, it's gonna be massive.
Games games and games, this is the perfect fit for NFT to me, gather all NFT projects and you will see that those with the highest demand are gaming NFT projects, demand is 100% assured
Actually you are terribly mistaken in thinking that NFTs are only for entertainment. It is just a start for them now in digital art and games, but personally I consider them ideal to replace all documents. We can use them to transfer information and documents safely. I have heard a statement that NFTs can be used wherever there are different registries: stock market, real property etc.
Do NFT really is the next after DeFi? I've seen a lot of post about NFT lately I'm not exactly sure what are they or if they are worth buying for I see some advertisement on Binance about new NFTs I was curious about it, it's like a card or something. Do you think this could be a good investment?
NFT should coexist entirely with Defi, it won't be competing but just an awesome thing that happens because of the potency of Cryptocurrencies could give. OP list just mentioned a few potencies that NFT could have, in fact, it could be more used/developed to make great things. About the investments things, I think you should just research it on your own, anything in this space come with their own risks. I seem to have heard such a saying before：
Several nft usages I can think of：
1.Information storage：Such as bank passbook, ID card, passport，VIP card
2.Games：Game equipment, game characters
3.Patent：Make your own white paper etc. into nft
Can you tell me the usage of nft you think of？
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The development stages of NFT can be roughly classified into the following 3 stages:
1.Art collection
2.Financial, data, and identity information NFTs will gradually occupy the mainstream of the market, and the proportion of artwork NFTs will decline.
3.Programmable and operable NFT will be the focus of NFT 3.0
1.Art collection
2.Financial, data, and identity information NFTs will gradually occupy the mainstream of the market, and the proportion of artwork NFTs will decline.
3.Programmable and operable NFT will be the focus of NFT 3.0
Several nft usages I can think of：
1.Information storage：Such as bank passbook, ID card, passport，VIP card
2.Games：Game equipment, game characters
3.Patent：Make your own white paper etc. into nft
Can you tell me the usage of nft you think of？
You should know about Deedy Digital. If interested in NFT. I really like the platform that is coming out soon - Deedy Digital. Deedy will serve the growing world of digital artists, authors and collectors. Aiming to create the first cross-network marketplace for NFT and digital content, where artists do not have to pay huge commissions and rely on intermediaries. There are many benefits. Tell you?
Do NFT really is the next after DeFi? I've seen a lot of post about NFT lately I'm not exactly sure what are they or if they are worth buying for I see some advertisement on Binance about new NFTs I was curious about it, it's like a card or something. Do you think this could be a good investment?
It was first discovered that NFT was launched on a game, which was very popular at the time and even caused congestion on the Ethereum blockchain. The only feature of NFT is one of the important features of blockchain technology. The various forms of online games mentioned by op can be verified for uniqueness and rarity through the special authentication method of NFT.
Was it? I thought it was known first with the art that was sold at auction for millions of dollars. As far as I know, NFT's are mostly used on that field, arts and gaming. I think the ICO trend forgot to attack that industry but instead they looked more with exchange projects or has something to do with financial problems. But look at NFT, it grew and was hyped because it clicked to the mass which are mostly in the gaming industry. To make it sweeter it was the exact time people are locked in their houses due to the pandemic.
With NFT, artwork can be "tokenized" to create digital certificates of ownership that can be bought and sold. Like cryptocurrencies, records of who owns what are kept in a shared ledger known as the blockchain.
Games games and games, this is the perfect fit for NFT to me, gather all NFT projects and you will see that those with the highest demand are gaming NFT projects, demand is 100% assured
For games it seems like it is inacjugable especially connected to NFT. But Look at NFT began trying to connect with other variants like the energy I was promoting this. It seems that in the future NFT looks for broader opportunities by collaborating on several sectors that have potential
I feel that NFT began to involve art, sports, now it is about games, as long as you can imagine it will gradually increase in the future.
I also hope to get unexpected gains in the NFT summary.
I also hope to get unexpected gains in the NFT summary.
Pretty much you already named it all, but how about those land titles? I guess it can be used on there too as far as I'm concern. I guess those that are subjects to copyright are the things that NFT may function of. There are many things could be unveil when the full potential of NFT may unlocked, for now it only limits to games and arts but for sure it has many features to be unlocked.
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I kind of recall that here in my country. There is a certain NFT item from a game that gets hyped a lot and people are here and out looking for scholarship to get one easily just because someone claimed that it made them rich within few hours.Not gonna mention it cause I ain't shilling something that I don't even know nor use.
Aside from the mentioned above, pretty much any other use would be representation of any items.
Source: https://en.wikipedia.org/wiki/Non-fungible_token#:~:text=A%20non%2Dfungible%20token%20(NFT,other%20types%20of%20digital%20files.
Several nft usages I can think of：
1.Information storage：Such as bank passbook, ID card, passport，VIP card
2.Games：Game equipment, game characters
3.Patent：Make your own white paper etc. into nft
NFTs are unique in that one owner can claim right no matter what and nobody can duplicate or copy user code so basically it makes it scarce especially in a competitive games Is rare and fun to collect plus there will be people willing to pay hugely for those rare collectibles imagine representing historic arts in NFTs and then having auctions or having special editions of a song or album as NFTs to selected users Use case for NFTs are really vast
If it's possible to compete for netflix with movies using the kind of ownership and access to the movies?
If NFTs could apply to music like an investor could own the song itself. That's going to be pricey I guess and then the owner could upload it to spotify like a project which an owner could earn every time a listener access it. Is there anything like this have been developed already?
If NFTs could apply to music like an investor could own the song itself. That's going to be pricey I guess and then the owner could upload it to spotify like a project which an owner could earn every time a listener access it. Is there anything like this have been developed already?
Games and Arts. That's the only thing I could think of. Because they are more known for collectibles.
It's just a different type now since every collectible will ensure your ownership thru online or computerized items.
I like it more being added to games. Somehow are items in-game will have value unlike before where we just play get some rare items then if it ends we just lose it all including our wasted time and money.
It's just a different type now since every collectible will ensure your ownership thru online or computerized items.
I like it more being added to games. Somehow are items in-game will have value unlike before where we just play get some rare items then if it ends we just lose it all including our wasted time and money.
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