Why NFTs Will Never Die
6 solid examples of non-fungible tokens long-term success
For the uninitiated, NFT stands for non-fungible token, which are digital assets on a cryptocurrency blockchain.
Common blockchains for NFTs are Ethereum, Polygon and Solana—with Ethereum outranking all other NFT-enabled blockchains by leaps and bounds.
And most commonly, when we hear the acronym NFT, we think of digital artwork.
Just a few years ago, NFTs were called “crypto art” because of its strong reliance on cryptocurrencies and the blockchain. But in 2021, when the mainstream media caught onto the new form of these tokenized creations, they started pushing the three-letter acronym heavily.
Digital artwork is by the most common and most popular use case for NFTs. But creatives from all niches are turning to the blockchain to mint and sell their artistic passions. Including musicians, photographers, and game developers.
But the real world impact of NFTs—beyond our digital interconnected pseudo metaverse—will change lives forever.
Soon—millions upon millions of people, then billions—will know about and use NFTs for almost everything in everyday life.
