What are NFTs used for?

/What are NFTs used for?

What are NFTs used for?

NFTs can be used as property titles, certificates of authorship, and document timestamps that can be verified by anyone. You can sell or exchange them within your monetization scheme, or use them as promotional items in reward plans.

NFTs are also digital assets that can represent shares or equity in projects or businesses. They can also be used to distribute profits safely and automatically.

Since they are durable and scarce (like physical assets), NFTs can acquire market value, enabling you to implement innovative monetization schemes and incentives to engage your customers and followers. They can be used as promotional items, property certificates and reliable author registries. Because of their properties, NFTs are digital objects that many people collect simply for fun or because they speculate a potential rise in their future value.

2020-03-14T02:53:37+00:00October 24th, 2018|

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