To me about how I think NFT could be given utility beyond their original project.
That might just get push up round such fact that , an asset ownership means nothing without a use case.
Here projecting NFT main project as an asset , there it's very open and plain that NFT has kind of definite use case.
To begins with , it's visible and known that full meaning of NFT is non fungible token.
Seen since NFT is non fungible token , it kind of utility is not actually confined on one particular aspect.
That , with such based knowledge that NFT originally is an arts work created by some artist who basically got exposed to such nature of arts or perhaps actually conceived the idea by an inspiration . That while creating some other arts work.
Bringing on board NFT project , then it get even more plainer that . NFT has it kind of traditional utility or usefulness.
Ways in which NFT could be given utility beyond their original project are as follows :
- Creating arts gallery
- Making NFT more decentralize
Creating Arts Gallery
To get add more usefulness or utility to NFT beyond the known or original project. That would definitely split the reality that would further shows that NFT are originally as :
✓ Arts related projects
✓ Blockchain related projects
Here I want to actually get focus on the arts related projects of NFT.
To get more utility allocating to NFT beyond own original project , then I case large enough arts gallery should be erected within busy business zone. And also further get replicating same across major campuses and even theater, as per campuses , arts theater among others. There NFT awareness section or department should be created.
There you get to see couple of NFT artists creating NFT arts work and subsequently displaying them.
Seen that an artist can create diverse nature of NFT depending of given culture.
Further get seen that NFT arts can be purchase just like that from any given arts gallery in which NFTs artist are found created some attractive but art work.
Seen most of the NFT arts work can be use in the living room even in the office space , there when seen given piece of NFT on a wall it's more than being or serving as decoration on the wall or so instead it has definite messages it does pass.
That , should further directly entails that , NFT has it core values and utility outside blockchain technology.
For more sense of use case in direct regards to theater or movies making , seen that NFT artists can create kind of NFT capable of getting given movie scene covered.
When that get done , there you get note as well that each of such art piece can be sell for huge amount of fiat currency.
Making NFTs More Decentralize
Everyone do know that within the wider space for the crypto currencies and an applicable tokens. That said Non Fungible Token has no comparable market values , if at all please pardon. Personally I haven't so known in as much I do know about NFT arts work and as well as part onchain and I learnt it has kind of special market. Basically an onchain market known as opensea among others.
In essence I want to stress upon such personal knowledge that NFT hasn't been that much in market value comparing to some selected crypto currencies.
To have more utility given to NFTs beyond that of it original project.
I case that NFT should be more decentralize in the sense of being actively use in terms of day to days or daily possible transactions.
More as Bitcoin among others , for settlement of payment , goods purchase and also promoting it more. As it getting done over and over touching crypto currency like Bitcoin among others even our Hive here.
Everyone now beyond Hive ecosystem is gradually getting known Hive due to the level of sensitization and creation of awareness , in which Hive team is doing. Bigger one was that of Hive rally cars branded and promoting Hive Web3.
In essence , NFTs should also get to do just same if not in absolute at least bit close. So as to make people get to know and esteem NFT beyond arts work to being valuable token.
Source as same as that within the cover.