The potential for NFTs is still not widely understood by the public.
But where most just see an overpriced jpeg, those who are building next generation frameworks know that they will be so much more. Here’s how:
Membership Access
NFTs will act as membership tokens for communities.
We are already seeing early signs of that today.
Want to go to a Bored Ape party? You’ll need an Ape NFT, unless you plan on sneaking in. That’ll cost a cool 100+ ETH.
Next Generation Subscriptions
Subscriptions will be managed via NFT holdings.
Exclusive digital access — including obtaining alpha content, behind the scenes footage, or even a typical online magazine subscription, will all check for the “right” NFT from your wallet.
Compensation for Creators
No creator left behind — creators will embrace NFTs once they see its true powers.
#1 hits will be NFT’d. Holders will get access and rewards from the musician just for holding. Back stage passes. Meet and greet. Concert tickets. Sky is the limit.
Storytelling
Writers will be using them too.
Enjoying newsletters? Short stories? Novels?
Writers with less than 5,000 followers could legitimately issue NFTs to reward holders with alpha, or alternate story endings, or pre-release access.
NFT Ticketing
The ticketing industry is ripe for disruption.
Who really wants to hold physical tickets these days? Printing from email or downloading a new app for every different event also is not a great experience.
What if they were all NFTs in your crypto wallet?
Sports & Entertainment
Your favorite sports team, musician, museum, will leverage NFTs.
Imagine being a sports season ticket holder. On your birthday, you receive personalized messages from your favorite player.
During the year, you enjoy free “drops” — jerseys, new songs, pre-access to new exhibits.
Fitness NFTs? Yup — There Will Be Those Too
Even the analog world will get in on the action. How about NFTs issued by a global network of gyms?
Buy an NFT and get access to facilities whether you’re in the US or Portugal. Yoga classes or cycling classes from Brazil to Germany.
With NFTs, all sorts of interesting competitions can arise — check-ins, location visits, and more.
Hotel & Travel
Speaking of check-ins, hotels won’t be left behind.
NFTs can be used to unlock hotel room doors and provide other customizable experiences for guests. Use NFTs to unlock lounge access, or beyond that, to enjoy discounts or freebies for NFT holders around the city.
Gaming
Lastly, we can’t forget games.
NFTs will be needed to dive into a new game, or obtain certain access to existing games. Earn or buy an NFT to level up or to experience a different storyline.
Don’t have the right NFT? You’ll have to just stick to the standard script.
Does this sound more exclusive than it needs to be?
Are we in danger of pricing out users who may not be able to obtain a certain NFT?
Maybe.
NFTs For Everyone — The Coming NFT Rental Market
NFT renting is an option.
Like renting a car, users will be able to temporarily get access to what they need to achieve a particular objective.
IQ protocol will provide the framework to do this.
Whether it’s an Ape or season ticket access, IQ gives users the ability to rent NFTs which they don’t currently own.
Asset owners benefit too. How?
Try as you might, it’s difficult to use an NFT 24/7, or on every occurrence.
IQ puts NFTs to work.
Asset owners earn. Renters get an experience they otherwise wouldn’t have had.
It’s only a matter of time before businesses and the public realize the full potential of NFTs.
They are more than just jpegs.
It’s a way of access for the next generation.
And IQ? We’ll be part of the experience — ensuring that everyone will be able to get that access when holding is not possible.
