Today, Non-Fungible Tokens are primarily associated with digital art and gaming.
To most people outside the NFT community, the term “NFT” is synonymous with funny images on the internet that are somehow sold for heinous amounts of money.
Future of NFTs in Real-World Applications Since NFTs serve as a sort of digital provenance, their use mostly comes down to proof of ownership of certain goods.
Using NFTs to represent ownership of said property seems like the logical next step since NFTs are recorded in a Blockchain and, therefore, can’t be copied.
Even though attempting to replicate the award is possible, only NFTs could prove that the recipients received the honor.
To Each His Own While it is still early to tell how exactly NFT technology will influence the future, it is up to you to decide whether or not it can be a useful asset in your life Many things we’ve listed indicate that NFTs have a future in the real world.
Source: NFTNewsToday.com