Crypto Basics: Identify 9 Types of NFT

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 Did you know that digital assets non-fungible tokens (NFT) are not just limited to art and music?


This is because the definition is very loose, where basically, anything can be NFT. Let's know the types of NFT more widely.


Art

Art is the most popular form of NFT at the moment.

The main concept is to give artists the opportunity to earn tokens and profit from their artwork.

The most expensive digital art in the world is "EVERYDAY'S: THE FIRST 5000 DAYS" owned by Beeple.

Music

Another form of NFT that is best known to many is music.

Musicians don’t have to rely on record labels to garner sales from their work.

Just record a song and then make it an NFT before selling it to fans.

Video game

Players can collect exclusive rewards that can then be redeemed as NFT.

For example, CryptoKitties or Axie Infinity which allow players to breed and trade digital avatars.

Players can also sell in -game content such as characters, weapons and other items.

Fashion




How do you want to wear it if we can't even touch it? If you want to know, people who buy NFT fashion are to dress up their avatars or want to make a personal collection.

This may seem ridiculous, but world -renowned brands like Gucci, Burberry, Nike and Adidas have dabbled in the NFT world as they see its bright potential in the future.

Meme

Some popular memes like Nyan Cat, Bad Luck Brian, Disaster Girl can reach between $ 30,000 and $ 770,000. The most valuable meme so far is Doge, which sold for $ 4 million.

Merchant Cards/Collectibles



NFT is also available in the form of digital trading cards.

Owning this collection is the same as storing an actual item.

Can be traded, especially those who love playing cards like Digimon, Pokemon, and Yu Gi-Oh.

Historical Moments of the Sports World

Historical moments in the sport are also precious.

Short clips that capture important moments in sports history can sell for up to $ 200,000.

This can be seen on the NBA Top Shot platform.

Domain Name

Is the latest web extension but it is registered on a blockchain.

Same as: (.com) or (.my)

Comes in variety with certain benefits; ownership remains as long as you do not sell it on the NFT market.

Various Items Online

In this category, it can consist of anything that is displayed online.

Either a movie ticket, or the first tweet sold by Jack Dorsey, the first SMS and the first edit of Wikipedia “Hello, World!”.

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