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NewsBTC 2022-04-12 08:35:10

The Diversity of NFTs: Beyond Digital Art

NFTs are perhaps the most misunderstood blockchain-related product. Since they entered mainstream consciousness in 2021, they have been invariably associated with digital art. But NFTs have utility beyond the high-end art world. Digital collectibles are on the rise, with athletes especially interested in using NFTs to crystallize iconic moments in sports history. In the gaming world, many developers are working on incorporating NFTs in video games as playable items. Lastly, the greatest application of NFTs is yet to come in the metaverse. In this article, we will explore the world of NFTs beyond digital art and bring your attention to some of the coolest projects in this space, and perhaps more importantly, introduce the best platforms you can use to access NFT products. Most people’s introduction to NFTs was in 2021, when digital artist Beeple, sold his artwork 5,000 days at Christies for a staggering $69million. Since then, NFTs have been a staple of mainstream culture, with digital artists increasingly using the technology as a way to directly interact with their clientele. But enough about art – what else are people doing with NFTs? Digital collectibles are perhaps the second best-known NFT product. Everyone has of course heard of Bored Ape Yacht Club, a collection of computer-generated images of lackadaisical primates that totaled over $180 million in sales in a single week in February according to Business Insider....

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