How Are NFTs Used?

In essence, an NFT is ideal for preserving the rarity and establishing the ownership of digital and real-world assets. This is why many artists, celebrities and collectors are increasingly adopting NFTs.

For creators, NFT offers a level of flexibility that is often absent in conventional methods of receiving value from the sale of arts, music, videos, memes and so on. With NFTs, a creator can evade intermediaries and still access the global market directly. By minting the NFT version of your work and putting it up for sale on a reputable NFT marketplace, you can streamline the otherwise fee-and resource-intensive process of marketing via conventional methods. In the end, a fair share of the revenue is yours to keep.