NFTs Are Beyond Arts, They Are More.

NFTs stand for Non-Fungible Tokens, which means that, they are tokens that are not interchangeable. They are unique and can not be represented by another. But unfortunately it is being abused and more people use NFTs for arts more. The rate at which people use NFTs for arts has made it seem like the only use for NFTs is just art. Meanwhile NFT is beyond that and more, Infact NFT is a technology. It’s technology is what people utilize.

The most ironic part of NFT arts is the part where people have the same NFT arts with absolute nothing unique about them.

But NFTs can be more, NFTs can serve more purpose and can provide more utilities. It does not have to be used just as an art but can be use for record keeping. Doctors can use NFTs as a way to keep patience record. This way each patient is unique with their record with an NFT. Your medical history can be accessible, transparent and seen using an NFT. All the doctor have to ask is for your name and your record shows on the blockchain. That will be so cool.

This is just part of what NFTs can be used for, they can also be used as a form of digital representation of something physical. Like a deed of a property or a representation of a book you have, to show you are the owner of the book. This way, it gets rid of the fake copies and creates room for original identification.

NFTs are still new, the NFT Art FAD is going to die off, then the true potentials of NFTs willl be explored. At least we are seeing some of it in play to earn video games, some of it slowly getting integrated in sports as move to earn. Soon it will be 99% other integration and 1% as art. We still have a long way to go about NFT exploration, utilization and acceptance. See it as the early adoption of NFTs and how it’s utilization is at the early stage.

One thing about NFT arts that I still don’t understand is the exorbitant price these NFTs get sold for, although it helped drive people into NFTs and crypto as most people got interested because of the price. But along the line, they stayed and learnt about crypto. If this was the plan, then it worked.

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