The sale of art NFTs is what made NFTs very popular, and not surprising; it’s the most popular type of NFT. A digital artwork NFTs can be a painting, drawing or photograph.
A digital NFT Beeple’s Everyday sold for $69 million at an auction, and stories like this have made people see NFT as just a digital artwork. But the truth is that NFTs are not just artworks. An NFT can be anything digital like music, song, in-game collectibles, Manga NFTs etc.
Below is the list of the different types of NFTs.
Collectables
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Collectables are the first types of NFTs ever launched; collectibles are the same as physical collectibles, like Pokemon cards, but in a digital form. Curio cards were the first digital collectibles launched, and others were found, like Bored Ape Yacht Club, Meebits, Crytpopunks, Cat Colony, etc.
Collectables are sold for millions of dollars; the NFT market is filled with many collectibles; one can buy in NFT marketplaces and buy trading cards.
Video-Game Assets
Mexico game assets are also NFTs; players win them after winning rewards for completing game tasks. The first NFT game asset was in Axis Infinity, and then NFT game assets were found in games like God’s Unchained.
In blockchain games, players can buy, collect and trade NFTs. These game assets can be game characters, weapons, skins or accessories. Axies from Axie Infiniti were the most popular game NFTs in 2021.
Memes
This might feel funny, but memes are NFTs. It’s hard to believe that memes are NFTs, let alone have any financial value. But the truth is; Memes have become valuable digital assets. The first DOGE coin meme sold for $4 million in 2021. Other memes have sold at a high price, some for thousands of dollars.
Disaster Girl, Success Kid, Bad Luck Brian, and NyanCat, have been sold for vast amounts of cash and made meme creators wealthy. The disaster girl meme sold for $470,000. The sale of memes has been a breakthrough in the NFT World and a significant achievement in recent years.
NFT Fashion
This might sound funny because most times, fashion goods are always appreciated and more valuable when they’re physical. But NFT fashion has changed all that; now, companies like NIKE have established virtual shops to sell NFT fashion.
NFT fashion includes clothing and accessories made for digital avatars and game characters. Even big brands like Louis Vuitton and Burberry have released a line of NFT styles that provide a Kimono and sneakers for digital avatars.
Music
Music is a new trend in the NFT world. Musical artists now pre-release their albums on NFT marketplaces before releasing them through traditional means, like disturbing them on online music stores.
NFT buyers can buy a part of the album, and when it’s released via normal means, buyers of the music NFT get a share of the profit. However, this style of music NFT sale isn’t all that popular. It isn’t yet as popular as other forms of NFT. One popular music NFT sale is Kings of Leon’s album ‘When You See Yourself’, which was sold as an NFT in March 2021.
Artists have seen this form of music sale as a way to combat piracy, currently harming deals of music in the music industry. Other famous artists like. Steve Aoki has followed suit and sold the NFT piece.
Metaverse Land/Real Estate
Some critics have questioned whether the sale of metaverse land is an actual NFT sale and asked if it’s a sustainable NFT model. But metaverse platforms like Decentraland and The Sandbox have made this model of NFT popular.
Virtual lands have been sold as NFTs in VR platforms like Decentraland for millions of dollars. The metaverse permits users to interact with the virtual ecosystem, and within that ecosystem, they can buy land and develop it to complete virtual properties.
Conclusion
NFT is more than just art; it can be: concert tickets, collector’s cards, videos, clip art, and even domain names.
Even online items like tweets, blogs, and Instagram posts have sold as an NFT. Jack Dorsey, the founder of Twitter’s first tweet, sold as an NFT for $2.9 million.
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