An Intro to Our View of the Future of NFTs
A Non-Fungible Token (NFT) is a certified, verifiable asset on the blockchain that are becoming more and more popular and common. What exactly is an NFT and how can we use them? Why do we need them? We are here to present a few different ideas that have been running through our minds the past few years when it comes to the ways that businesses can use NFTs.
When we say NFT, what are some thoughts? Waste of time, cash grab, overhyped, waste of money. While all of these could definitely be valid in some instances, we think that NFTs are the future. We think that nearly everything could be, in some way, shape or form verified on the blockchain through NFTs. Specifically throughout this series of articles, we will be looking at different ways that businesses can use NFTs, and boy are we excited about what the future holds in this space.
Understanding NFTs
NFTs can be a little bit difficult to understand. They’re different, often misunderstood, and maybe a bit weird and complex to buy, store, keep and/or sell. Our goal is to simplify things and make NFTs a little bit easier to understand. In this series of articles, we would like to showcase a few ideas when it comes to NFTs and a few possibilities that businesses could utilize to drive more business, improve brand awareness and increase sales.
Throughout this series, we will be primarily talking about collectible NFTs. Some may argue that collectible NFTs have no utility. Utility may be a relative term, however; value is a different story. Our hope is that our ideas could potentially show a different view.
Conclusion
A few things that will be discussed over the course of these articles will include; collectible NFTs as receipts, collectible NFTs at venues and events, retail stores and restaurants, along with different ways to collect, buy/sell/trade/display those collectible NFTs. Take this journey with us as we break down different possibilities of what the future holds for collectible NFTs and businesses.
Follow along with us as we take a deep dive into what we think the future of NFTs could be in the future, especially when it relates to businesses. Interested in learning more about NFTs? Find our other articles here, subscribe to our newsletter and be sure to follow us on our socials.
