NFTs are mostly artwork, so you’ll often find NFT marketplaces full of artists’ NFT collections. Here are some ways NFTs are being used:
Art
Artwork is a great use case for NFTs. Think about it, if you’ve produced a piece and want a way to preserve its uniqueness and authenticity, creating an NFT is a solution to this.
Collectibles
Many of the big names in the NFT space are dropping 10k-strong collections of the collectible variety. These are often used as PFPs and provide access to their respective communities.
Generative NFTs
A collection of NFTs created all or in part through code. Artists and musicians can use the Async Canvas to create a generative collection without the need for programming knowledge.
Programmable
Interactive NFTs that can be programmed to change according to conditions like the weather or a stock price. Async provides artists with the tools to create interactive art NFTs.
Sports NFTs
These are essentially digital trading cards: they could be a famous video clip, a player card, or a major event ticket.
Gaming NFTs
These take the form of avatars, in-game collectibles, and consumables. Players can have full ownership of their assets and potentially have the ability to transfer them between games.
Virtual land
A plot of land in a metaverse like Decentraland or Cryptovoxels is an NFT. On this land, owners can build apps on this land or rent it out.
Music NFTs
Songs, albums, audio clips, and lyrics can be an NFT. Async Music Blueprints is a platform where artists can create generative music NFTs.
These are the digital use cases for NFTs. There is also the option for NFTs to convert into real-world items such as tickets to an event, legal documents, deeds, signatures, and much more.
See also: