NFT applications explained. Why NFT can be useful in ART, GAMING, Proof of Existence
Mike Zillo: The Smart Crypto Investor
NFT has created a huge wave in the last year. Anyway, their maximum exposure has not been fulfilled yet. Non fungible tokens has suffered Ethereum blockchain clogging from the DeFi hype and now that DeFi is becoming distributed across several platforms and blockchains, Ethereum blockchain is becoming “usable again”. NFT are finding a great application with NFT art, NFT games, NFT videos, NFT clips. NFT – Non Fungible Tokens represent a great opportunity to create digital certifications of art, of digital representations, of exclusive items. Through platforms like Rarible, Opensea, Portion, Nifty Gateway NFTs are nowadays accessible to almost everyone. The Italian artist that I used an example is Rossano Ferrari and you can find his Rarible profile here https://rarible.com/rossanoferrari
He has been the first Italian artist to send a portrait into Space and it is now kept into the International Space Station. Guess the price of his already existing NFTs when he will publish the NFTs of the Space opera, called “Venere in the Space”. Another application for NFT is the Proof of Existence since the immutability of Blockchain can resist to censorship and concealment attempts. Do you see further potential applications for NFTs? Let me know in the comments!
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