Every day is heard more about the term NFT, associated with the virtual/ crypto world.
However, possibilities of expanding the use of NFT to the real world begin to appear and it is convenient to explore them, since they could bring important innovations.
Let's start by saying that NFT means non-fungle token and, in Spanish, it would be voucher or fungible or expandable token.
NFT is a special type of cryptographic token that represents something unique and, therefore, are not mutually interchangeable.
This differentiates them from cryptocurrencies such as bitcoin, and many network or utility tókenes that are fungible by nature.
The four main characteristics of the NFT are that they are unique, indivisible, transferable and with the ability to demonstrate their shortage.
A NFT is a digital object that can be:
... created by blockchain technology.The same one behind cryptocurrencies.
This authentication by a computer network is considered inviolable.
Today they are associated with expensive digital art and collectible art.
Many people associate with this world of "non -fungible tokens" to crypto nerds and digital art and consider that they are on valued.
Someday property in the virtual world could achieve the same importance that it has today in the real world.
An NFT in the property of a digital land could be as valuable as the registered writing of a house in the physical world.
The NFT (or their descendants) will provide property rights to billions of people.
Eventually, this property may include digital and physical goods and information of all kinds.
Crypto experts think that NFTs could be used, in the future, for more mundane and useful things, needing doubts about establishing proof of ownership in an unregulated market and sometimes extralegal.
It is considered to be in the first stage and that there are more useful and predictable cases for tókenes to arise.
Even when these scenarios still do not exist in the practical world, technology companies have already begun to offer products and services to enable them.
Of course, for NFTs to become massive there is still a way to go.
Fashion brands are already investigating how to create digital twins of the products of the real world they sell.
An example could be that Yves Saint Laurent sells a night dress for US $ 5,000 to some of their stores.
The store could give the buyer a special NFT, a “digital twin” of the dress that the person could place on his avatar when he participates in gaming events such as Roblox, Fortnite or other digital space.
It could also work in the other way.The woman when buying the digital twin of the dress would receive as part of the agreement the right to physical property of the dress.
When a company begins an internet business, one of its first considerations is a web domain.
A simple and memorable URL address can represent the great advantage in the marketing of the portal.
This is because, with the limitations of extensions of the URLs, some domain names have become very expensive.
It is now feasible to buy or register a domain name such as a NFT in the blockchain (and store it in the crypto-cara) instead of using a registrar like Network Solutions or Godaddy.
With blockchain -based domain names, a new set of high -level denominations such as .Crypto and .bitcoin opens and, surely, others will appear.
Domain registrars such as Ustoppable Domains take a single charge for these domains.
When portals operators can buy domain names and be life owners, they cease to be the objectives of the unscrupulous who take advantage to reserve denominations and, later, press the brands to pay for their acquisition.
Some games allow users to buy clothes and other digital merchandise in the NFT form.
For example, Fortnite players can wear crypto coins to buy clothes for their avatars, which are only internally.
However, there are already games like Axie Infinity that allow money to be earned in the games.
The victories within the game translate into tokens, which can be taken outside the Axie platform and, if you wish, with the opening of a Market Place they can convert the crypto into traditional currencies.
Tickets to smart events
Imagine using bitcoin to acquire an NFT that gives entry to a concert or a sporting event.
This NFT can come with some attractive digital art or some special content of a band or a team.
Once the NFT could be used within the event:
Companies such as Ticketmint and Nuarca Labs have launched platforms that support the issuance of NFT tickets.
Even after the event, the NFT can accumulate values that does not have a traditional entrance.
For ticket collectors to concerts or games, tickets can be memorable memories, so that the NFT can be saved in the crypto wallet.In the long run, this entry can become something valuable.
There are those who think that NFTs can change the business model of the event business.
These are intelligent contracts and, therefore, they could be worked so that each sale is automatically divided between those responsible for the event.
Income could be distributed according to the previous arrangement among those responsible for the event:
Paying directly to everyone, through blockchain, can simplify the entire process and, possibly, eliminate intermediaries.
The bands, sports teams and promoters are analyzing the NFT as they see it as an opportunity to stay continuously connected to fans.
When a NFT entry is registered in Blockchain, the promoter of a concert or sporting event could use this as a vehicle to offer prizes to fans.
This could be an entrance to a private party after the event or other private event of the Fanatic Club, weeks after the event itself.Some of these could be real and other virtual.
