Gem In The Web3 Crown Or Essential Business Utility — Here’s What The Future Of NFTs Could Hold

Gem In The Web3 Crown Or Essential Business Utility — Here’s What The Future Of NFTs Could Hold

Non-fungible tokens (NFTs) are a relatively new internet phenomenon, but already they’re seeing use in unexpected, novel ways. The tokens — whose creation and transfer occur over the blockchain, a decentralized digital ledger — are perhaps most widely known as a way to show ownership of an asset, like a Tweet, a drawing of a disinterested ape, or the Nyan Cat meme This by no means exhausts their capacities, however: users are creating NFTs for website domains to prevent their ownership from expiring, clothing for videogame characters, smart real estate contracts,…