Search found 172 matches

by martinnura
26 Apr 2023, 07:04
Forum: NFT Collectors
Topic: Why do people own NFTs?
Replies: 1
Views: 17642

Why do people own NFTs?

Ever since their rise to popularity in 2021, new use cases have been cropping up for these digital assets. Initially, they were sought after for their collectible value and for the exclusivity they offered, but more recently, we can see a shift in the motives of NFT holders. A recent survey by CoinG...
by martinnura
25 Apr 2023, 06:36
Forum: NFT Collectors
Topic: Can you use NFTs as concert tickets?
Replies: 0
Views: 4470

Can you use NFTs as concert tickets?

One of the various use cases of the NFT is ticketing. Ticketing as a sector is often plagued with scalping, fraud, and counterfeit products. With the transparency of NFTs and the blockchain, this can be mitigated. The artists and event organizers have more control over the ticket sales and can also ...
by martinnura
24 Apr 2023, 07:36
Forum: NFT Collectors
Topic: What are the various types of NFT marketplaces?
Replies: 0
Views: 4551

What are the various types of NFT marketplaces?

NFT marketplaces are online platforms that allow creators and collectors to buy and sell unique digital assets. The most popular types of NFT marketplaces include open, curated, auction, social token, and gaming marketplaces. Open marketplaces permit anybody to buy or sell NFTs without restrictions,...
by martinnura
22 Apr 2023, 06:40
Forum: NFT Collectors
Topic: Can NFTs be used as a means of identification?
Replies: 0
Views: 3051

Can NFTs be used as a means of identification?

NFTs or non-fungible tokens are essentially pieces of art, video or audio that is 1 of a kind and cannot be forged. So it would indeed be a good idea to enable NFTs in the use of making IDs, for schools, offices, and other institutions. The only drawback would be that these NFTs cannot be traded on ...
by martinnura
21 Apr 2023, 06:35
Forum: NFT Collectors
Topic: Can NFTs Be used in place of exclusive event passes?
Replies: 0
Views: 457

Can NFTs Be used in place of exclusive event passes?

The idea behind an exclusive event pass is to only allow a select group of individuals to go to the event. However, some people fake their passes to gain access. This can be avoided by using digital passes that cannot be faked, like NFTs. The only drawback is that they cannot be traded on any NFT ma...
by martinnura
21 Apr 2023, 06:34
Forum: NFT Collectors
Topic: Can NFTs Be used in place of exclusive event passes?
Replies: 0
Views: 472

Can NFTs Be used in place of exclusive event passes?

The idea behind an exclusive event pass is to only allow a select group of individuals to go to the event. However, some people fake their passes to gain access. This can be avoided by using digital passes that cannot be faked, like NFTs. The only drawback is that they cannot be traded on any NFT ma...
by martinnura
20 Apr 2023, 06:17
Forum: NFT Collectors
Topic: Can Comics be made into NFTs?
Replies: 0
Views: 445

Can Comics be made into NFTs?

The idea of making Comic NFTs has a lot of advantages given that a person has to trade it or buy the next volume online. This not only prevents duplicates from circulating in the market, but at the same time, these NFTs will increase in value and tradability due to the scarcity and the prominent amo...
by martinnura
19 Apr 2023, 06:08
Forum: NFT Collectors
Topic: How can NFTs be used in a restaurant?
Replies: 0
Views: 442

How can NFTs be used in a restaurant?

NFTs can be used as coupons or tickets that can be used to avail 1 time or multiple discounts for the NFT owners in that select restaurant. These NFTs can also be traded on several different NFT marketplaces (before you use them, of course!) and who knows? You might be able to make a profit by merel...
by martinnura
18 Apr 2023, 07:27
Forum: NFT Collectors
Topic: Is it possible to have a physical NFT marketplace?
Replies: 0
Views: 453

Is it possible to have a physical NFT marketplace?

While it is not impossible, the NFT would still have to be displayed on a device virtually. The reason for this is simple, they are “Digital Assets”. However, what could be possible, is creating a gallery with NFTs displayed from several of the best NFT marketplaces, and if people wanted to buy one ...
by martinnura
17 Apr 2023, 06:21
Forum: NFT Collectors
Topic: How do NFT sport marketplaces affect the sports industry?
Replies: 0
Views: 370

How do NFT sport marketplaces affect the sports industry?

Using non-fungible tokens (NFTs), competitors, sports teams, and historians alike can collaborate with their favourite teams, competitions, and authentic events. People have always had a strong desire to own sports collectibles, and NFTs now make it easier for them to do so. NFT was adopted by nearl...