There is No Limit to the Applications of NFTs

Most people first heard of NFTs after the $69.3 million sales of digital artwork at Christie’s. This drew a lot of attention not only from investors but also from other digital artists. More artists boarded the NFT train, making digital art one of the most popular NFTs people currently invest in. While this is the case, non-fungible tokens have managed to spread into other industries making their applications more diverse.

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NFTs Have the Power to Revolutionize the Digital Art World and So Much More

In recent months, NFTs have raised eyebrows for selling at eye-popping prices. This has caused a dramatic change in the cultural norms surrounding the ownership and sales of digital collectibles. Digital artists had been conditioned for years to view their work as disposable and worthless thanks to social media. This kind of thinking is now being challenged thanks to NFTs.

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