Emerging NFT Applications and Their Trend-Setting Potential
Non-fungible tokens (NFTs) are digital assets that are unique and non-interchangeable, making them ideal for representing ownership of digital items. This has led to a wide range of emerging use cases and applications for NFTs, including: * Digital art: NFTs can be used to represent ownership of digital art, allowing artists to sell their work directly to collectors. * Virtual assets: NFTs can be used to represent ownership of virtual assets, such as in-game items or avatars. * Collectibles: NFTs can be used to create digital collectibles, such as trading cards or digital figures. * Real-world assets: NFTs can be used to represent ownership of real-world assets, such as real estate or luxury goods.
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