Image: De Louvois
The imagination of NonFungible Tokens, NFTs, is actually huge, but the real obstacle is that the digital life in our lives is actually monopolized by most centralized services. Imagine that a digital creator can issue NFTs through the blockchain to the middleman, and then you can truly own part of his intellectual property. NFTs is no longer just a hype kitty, nor is a tulip bubble game that everyone knows is worthless, but a tool that allows any digital content to be listed on the blockchain and become circulated intellectual property.
Before starting, I tell you that this incredible list was produced by @DCLBlogger, which has authorized me so that I can spread it, since I consider it to be of great informative, educational and current value. The images are my own search and and they link to their websites respective owners. Each category has suggested link to follow on Twitter.
Here we go with the NFTs industry categories list:
HUGE Growth Industry for NFTs.
Pieces go for $50,000+ and certain Artists sell out $100,000+ in a single day.
SuperRare alone report $2.3M transaction volume.
Suggested to follow: @makersplaceco @SuperRare_co @KnownOrigin_io @mintbase @niftygateway @rariblecom
2. VIRTUAL LAND
Another Monster Industry.
Build virtual conferences, games, DeFi banks, art galleries, etc.
Over $50M worth of Transaction Volume so far!
Suggested to follow: @decentraland @SomniumSpace @cryptovoxels @TheSandboxGame @AxieInfinity
Probably the leading NFT usecase.
Own skins, games, pets, items, everything you'd buy in a traditional game.
YOU own the asset as an NFT. Play to Earn is becoming a thing.
Suggested to follow: @AxieInfinity @neondistrictRPG @mycryptoheroes_ @CSCgame @Ethermon_io
Image: Neon District
Yes, MORE Games.
Played Hearthstone or Magic the Gathering? Buy Decks, trade cards, win more cards, another possible play to earn contender.
Suggested to follow: @GodsUnchained @splinterlands @SkyWeaverGame
From Cryptopunks selling for 10's of thousands to Cryptokitties selling for six figures.
Collecting will be at the heart of the NFT industry.
Suggested to follow: @CryptoKitties @AvaStarsNFT @BlockchainCutie @larvalabs
Image: Crypto Kitties
6. CARD/ANIMATED COLLECTIBLES
One step further. Projects like @nba_topshot where you can collect 'moments' or @WAX_io Card Drops, (Garbage Pail Kids from @Topps).
Bringing collectible cards to Blockchain.
Image: Nba Top Shot
Image: Ethereum Name Service
8. FANTASY SPORTS
Buy sports players as NFT's, position them, earn rewards.
We first saw this with @MLBChampions but have recently seen @SorareHQ (Fantasy Football), top 7 day transaction volume for weeks now!
A Bright Future.
9. NFT MARKETPLACES
The Nature of NFT's allows you to take them to any secondary market and buy/sell.
Marketplaces have been the backbone for the NFT economy to function.
Suggested to follow: @opensea @rariblecom @TokenTrove @GPKMarket @enjin
Image: Myth Market
11. DeFi x NFT's
Fresh but extremely interesting.
Stake Tokens, earn rewards as NFT's? Ties in to collecting but having assets with varying values and rarities brings a whole element of awesome to traditional DeFi.
Suggested to follow: @DontBuyMeme @aavegotchi
12. DIGIPHYSICAL GOODS
Physical Merchandise like Tees, Hoodies, etc BUT connected to a Digital wearable you can wear in Virtual Projects like Decentraland, Cryptovoxels, etc.
Suggested to follow: @TheMetaFactory @digitibles
Think an 'app store' but for the Metaverse.
@MetaZoneio have been doing this in #Decentraland.
A reported, 2 MILLION #MANA Earned from Devs selling games, models, etc to Land Owners.
HUGE Potential as the Virtual Blockchain Industry grows.
14. SHARED OWNERSHIP|SHARDING
Can't afford a $10,000 premium NFT? Why not own a piece?
Break your NFT into 'shards' or 'erc20's' and sell them on @NIFTEXdotcom.
A unique solution to unlocking liquidity.
15. INSURANCE POLICIES AS NFTs
You can actually repackage Insurance as NFTs and buy/sell them.
@gabusch figured this out and made some #ETH selling @iearnfinance policies on @rariblecom to Liquidity Pool providers.
16. DIGITAL CARD
With the rise of Blockchain Virtual Worlds, @CryptoMotors_io has sold 100's of ETH worth of Digital Cars.
@F1DeltaTime and @BattleRacers are more racers. Buy them, ride them, sell them.
17. GOLD BACKED NFTs
@Bullionix_io allow you to use @DigixDGX, (gold backed tokens), to mint Gold backed NFTs!
We used them in @decentraland as the prize for the HUGE 24 team football tournament.
Cups, medals, prizes, the potential for gold backed NFTs is BIG.
18. PROOF OF ATTENDANCE PROTOCOL
@poapxyz's allow you to hand out attendance badges as NFT's during events.
Whether physical or digital, having a collectible only event attendees can claim can encourage attendance.
Again, used in Decentraland for Virtual Events.
19. EVENT TOCKETS|ACCES TOKENS
Verified access for physical and virtual events.
Suggested to follow: @mintbase @DigiTxio are doing some work here.
Along with @digitibles using them in @decentraland for special HQ access and Kakao to verify investors.
Another one currently possible on @mintbase.
@DAOrecords_ using the platform to sell Music NFTs.
The music industry will be HUGE as traditionally there has been huge digital ownership issues.
Blockchain to the rescue. @rariblecom has also been working on it.
Need an NFT as proof you are a sponsor or funded a project?
Recently @BasedProtocol issued NFTs to those that committed $50k to the development of V1.69.
22. WEARABLES IN VITUAL WORLDS
Another use case for @decentraland @SomniumSpace @cryptovoxels where wearables or avatars will be made available as NFTs.
Collect them, flaunt rare ones when you can.
Some wearables have sold for $1,000's!
Image: Somnium Space
I hope this post is useful to you, Iloved to share it!
And remember: read, learn, enjoy, follow me on my new Twitter (or the less important one: tip me if you liked it)... and with or without NFTs, be happy!