NFT Trends: Top 5 examples that will take your NFT to the next level
The rise of NFTs has caused chaos in the digital realm as they have had an impact on businesses, including industry, gaming and real estate, to name a few. It is a drop in the ocean. We’re just embarking on a long journey before non-fungible tokens reach their full potential.
Many large corporations are working on NFT projects, and are closely following them, investors who are not afraid to spend huge sums on NFT. As a result, new NFT-based companies pop up every day.
So, what will be the next industry to be disrupted by NFTs?
What will NFT development feature next year?
We know that various industries and markets like gaming, banking and industry are using NFT.
Moreover, the world’s top companies are seeing billions upon billions of transactions and sinking into the larger blockchain and NFT community.
Community values and branding
A community is formed around the creators, providing a feeling of one for all and one for all. A community brings fair value to the real creators of the digital industry.
Let’s look at it from an artist’s point of view. In the past, once an artist sold their artwork, they got paid, and that was it.
However, with NFT, they can get royalties from future sales by adding a sell-on percentage to the NFT smart contract.
Smart contract add-ons allow artists to benefit from future sales.
An example of this is the amazing and multi-talented digital artist David Bianchi, who has become so innovative in bringing social activism to NFT. By publishing his spoken word poem NFT on social injustice in the United States, he has shown how NFTs can be a source of change.
Music development
Music NFT is at the forefront of a trend that could see the whole industry rise to prominence.
Music NFT, which provides a transformative experience, is growing in popularity in 2022. We can see that Snoop Dogg bought Death Row Records to release the song as NFT. Small independent bands and singers can add to their fan base by attaching rare items, such as behind photos or acoustic performances of their songs.
The music NFT trend is not limited to artists. Spotify continues to add more NFT functionality to its platform to enhance the artist and fan experience.
In addition, musicians can address intellectual property concerns using NFT. Since recording deals have become a thing, many talented artists have had to give up their rights to corporations or audio streaming providers.
Gaming tokenization
While there is a lack of encouragement from game developers related to NFTs and P2E games, we are only seeing more acceptance up front. Gaming tokenization is one of the major NFT market dynamics of 2022. Gamers can use NFTs to buy fictional land, avatars, access to exclusive communities, and weapons like avatars for avatars in the new digital world driven by blockchain. We expect to see an increase in the number of gaming initiatives using NFT this year to market their brand, attract new users and increase user engagement.
NFT and social media
There have been many rumors surrounding the adoption of NFTs by social media around the cryptocurrency community. For example, TikTok, Facebook and Twitter are building partnerships in NFT states in their own unique way. Social media enthusiasts are finally seeing these upgrades.
You can now use your favorite NFT avatar as your profile image on Twitter.
Avatar that change
NFT avatars will gain mobility, customization and dynamism. Imagine you are taking a selfie and have an AI that will create a kind of personalized 3D avatar, similar to your ideal. You can change the attitude, position, dress and accessories of the character.
Now, consider how easy it must be to create interesting Twitter postings that create positive results about you.
NFTs: What’s next?
We are much more at an early stage of understanding the true potential of NFT. We can expect continued adoption of NFT in more uses like Metaverse, not only in the current niche, but in a larger society and in ways we have not yet thought of.
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