The popularity of NFTs began by selling and buying digital art. Digital artists can make revenue by tokenizing their artworks and collections.
NFTs are transforming the gaming landscape where the players can own and trade the in-game assets which creates a new revenue stream for the players.
The musicians and artists can tokenize their albums, and audio tracks into NFTs and can create an NFT marketplace exclusively for music which helps in generating revenue.
NFTs are taking the real estate industry to the next level by enabling fractional ownership and helping users to tokenize their real estate properties.
Entrepreneurs can create sports NFT marketplaces to trade, sell, and buy sports collectibles as NFTs and create immersive experiences using VR and AR.
NFTs are ruling the fashion industry by helping brands sell their clothes, and wearables for the avatars in the virtual world.
NFTs have entered the meme industry and enabled meme creators to tokenize their memes monetize them and receive royalties for further transactions.
NFTs are playing a pivotal role in the metaverse by aiding users to purchase virtual lands, buildings, and virtual spaces, and personalize avatars within the metaverse.
NFTs are automating the supply chain industry by verifying ownership, payments, regulatory compliance, and providing immutable data of the product.