#NFT's are Catching Fire 🔥

25 Industries Being Disrupted as we speak. Thread 👇

1/
2/ Art. HUGE Growth Industry for NFTs.

We've seen pieces go for $50,000+ and certain Artists sell out $100,000+ in a single day.

SuperRare alone report $2.3M Transaction volume

@makersplaceco, @SuperRare_co, @KnownOrigin_io, @mintbase, @niftygateway, @rariblecom
3/ Virtual Land. Another Monster Industry

Build virtual conferences, games, DeFi banks, art galleries, etc.

Over $50M worth of Transaction Volume so far! BEAST.

@decentraland @SomniumSpace @cryptovoxels @TheSandboxGame @AxieInfinity
4/ Games. Probably the leading #NFT usecase.

Own skins, games, pets, items, everything you'd buy in a traditional game. YOU own the asset as an NFT.

Play to Earn is becoming a thing,

@AxieInfinity, @neondistrictRPG @mycryptoheroes_, @CSCgame, @Ethermon_io, are a few.
5/ TCG's. Yes, MORE Games.

Played Hearthstone or Magic the Gathering?

Buy Decks, trade cards, win more cards, another possible play to earn contender.

@GodsUnchained, @splinterlands, @SkyWeaverGame are some.
6/ Collectibles.

From Cryptopunks selling for 10's of thousands to Cryptokitties selling for six figures.

'Collecting' will be at the heart of the #NFT industry.

@CryptoKitties, @AvaStarsNFT, @BlockchainCutie, @larvalabs,

Avastars = completely on chain!
7/ Card/Animated Collectibles. One step further.

Projects like @nba_topshot where you can collect 'moments' or @WAX_io Card Drops, (Garbage Pail Kids from @Topps).

Bringing collectible cards to Blockchain.
8/ Domain/Wallet 'Names'.

It makes sense to own a domain name as an NFT.

Projects like @ensdomains & @unstoppableweb which recently saw a 230 ETH sale!

.crypto, .eth, etc
9/ Fantasy Sports.

Buy sports players as NFT's, position them, earn rewards.

We first saw this with @MLBChampions but have recently seen @SorareHQ (Fantasy Football), top 7 Day transaction volume for weeks now!

A Bright Future.
10/ NFT Marketplaces.

The Nature of NFT's allows you to take them to any secondary market and buy/sell.

Marketplaces have been the backbone for the NFT economy to function.

@opensea, @rariblecom, @TokenTrove, @GPKMarket, @enjin are a few.
11/ NFT Project Launch Platforms.

Need the right tools to integrate/launch your project or game on #Blockchain?

Projects like @enjin, @gamecredits, @WAX_io leading the way.

$ENJ $WAXP $GAME
12/ #DeFi x #NFT's.

FRESH but extremely interesting.

Stake Tokens, earn rewards as NFT's? Ties in to 'collecting' but having assets with varying values and rarities brings a whole element of awesome to traditional DeFi.

@DontBuyMeme & @aavegotchi are some to check out.
13/ DigiPhysical Goods.

Physical Merchandise like Tees, Hoodies, etc BUT connected to a Digital 'wearable' you can wear in Virtual Projects like Decentraland, Cryptovoxels, etc.

@TheMetaFactory & @digitibles do exactly this.
14/ Virtual Scenes/Models/Assets.

Think an 'app store' but for the Metaverse.

@MetaZoneio have been doing this in #Decentraland.

A reported, 2 MILLION #MANA Earned from Devs selling games, models, etc to Land Owners.

HUGE Potential as the Virtual Blockchain Industry grows.
15/ Shared Ownership/Sharding.

Can't afford a $10,000 premium NFT?

Why not own a piece?

Break your NFT into 'shards' or 'erc20's' and sell them on @NIFTEXdotcom.

A unique solution to unlocking liquidity.
16/ Insurance Policies as NFTs!

HUGE.

You can actually repackage Insurance as NFTs and buy/sell them!

@gabusch figured this out and made some #ETH selling @iearnfinance policies on @rariblecom to Liquidity Pool providers.
18/ Digital Cars.

With the rise of #Blockchain Virtual Worlds, @CryptoMotors_io has sold 100's of ETH worth of Digital Cars.

@F1DeltaTime and @BattleRacers are more racers.

Buy them, ride them, sell them.
19/ Gold Backed NFTs.

@Bullionix_io allow you to use @DigixDGX, (gold backed tokens), to mint Gold backed NFTs!

We used them in @decentraland as the prize for the HUGE 24 team football tournament.

Cups, medals, prizes, the potential for gold backed NFTs is BIG.
20/ Proof of Attendance protocol.

@poapxyz's allow you to hand out attendance badges as NFT's during events!

Whether physical or digital, having a 'collectible' only event attendees can claim can encourage attendance.

Again, used in #Decentraland for Virtual Events.
21/ Event Tickets/Access Tokens.

Verified access for physical and virtual events!

@mintbase, @DigiTxio are doing some work here.

Along with @digitibles using them in @decentraland for special HQ access and Kakao to verify investors.
22/ Music.

Another one currently possible on @mintbase. @DAOrecords_ using the platform to sell Music NFTs.

The music industry will be HUGE as traditionally there has been huge digital ownership issues. Blockchain to the rescue.

@rariblecom has also been working on it.
23/ Sponsorships/Funding.

Need an NFT as proof you are a sponsor or funded a project?

Recently we saw @BasedProtocol issue NFTs to those that committed $50k to the development of V1.69.
24/ Wearables in Virtual Worlds.

Another use case for @decentraland @SomniumSpace @cryptovoxels where 'wearables' or avatars will be made available as NFTs.

Collect them, flaunt rare ones when you can.

Some wearables have sold for $1,000's!
25/ Names in Virtual Worlds/Games.

#Decentraland uses @ensdomains to issue Avatar Names.

Buy names, use them in game or sell them back on the marketplace.

There's been a huge market for name trading in runescape, etc.

Now you will be able to do it in Virtual Worlds via NFTs!
26/ Social Currencies backed by NFTs.

We've seen @WhaleShark_Pro issue $WHALE backed by a HUGE collection of rare NFTs.

@coin_artist recently released $COIN to be used in the Neon District ecosystem.

Community currencies used within NFT projects.
I'm pretty confident I've missed a ton more use cases.

But if you don't know NFT's, now you do :)
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