
๐ผ๏ธ What Can Be an NFT? Use Cases Beyond Art
What Can Be an NFT?
When people hear the term NFT (Non-Fungible Token), most immediately think of digital art or expensive profile pictures. However, the world of NFTs goes far beyond art.
Table Of Content
- What Can Be an NFT?
- ๐ What is an NFT, Exactly?
- ๐ผ๏ธ NFTs in Art: The Starting Point
- ๐ NFTs in Real Estate
- Benefits of NFTs in Real Estate
- ๐ฎ NFTs in Gaming
- ๐ซ NFTs as Tickets & Memberships
- ๐ต NFTs in Music
- ๐งพ NFTs in Digital Identity & Certification
- ๐ฉบ NFTs in Healthcare
- ๐ก Other Emerging NFT Use Cases
- ๐ฏ Key Takeaways
- ๐ Learn More
In fact, NFTs can represent almost anything digital โ or even real-world assets โ as long as they are unique and verifiable on a blockchain.
In this article, weโll explore what can be an NFT and how NFTs are transforming industries beyond the art world.
๐ What is an NFT, Exactly?
An NFT is a unique digital token stored on a blockchain. Unlike cryptocurrencies like Bitcoin or Ethereum, NFTs are not interchangeable โ each NFT has its own identity and metadata.
NFTs work like digital certificates of ownership or authenticity. They prove that you own a specific item or piece of content, even if itโs digital and easily copied.
For a detailed breakdown of NFTs, read our guide: NFTs & Digital Assets
๐ผ๏ธ NFTs in Art: The Starting Point
NFTs became famous in the art world for enabling artists to sell digital works directly to collectors without galleries or auction houses.
Examples include:
- Beepleโs $69 million NFT sale
- CryptoPunks and Bored Ape Yacht Club profile pictures
- OpenSeaโs NFT art marketplace
But art is just the beginning.
๐ NFTs in Real Estate
NFTs are now used to tokenize real-world assets like property. By representing ownership as an NFT, real estate transactions can become faster, cheaper, and more transparent.
Benefits of NFTs in Real Estate:
- Instant proof of ownership
- Simplified property transfers
- Transparent records on blockchain
- Fractional ownership (own part of a building)
External Example โ https://www.forbes.com/sites/forbesrealestatecouncil/2022/07/07/how-nfts-are-disrupting-real-estate/
๐ฎ NFTs in Gaming
Gaming is one of the biggest growth areas for NFTs. Players can own in-game assets like:
- Skins
- Weapons
- Characters
- Virtual land
- Collectibles
These NFTs can be traded or sold outside of the game, giving real-world value to digital items.
Popular NFT Games:
- Axie Infinity
- The Sandbox
- Decentraland
๐ซ NFTs as Tickets & Memberships
NFTs are changing how we think about tickets and memberships. Instead of paper or QR code tickets, event organizers can issue NFTs that:
- Verify attendance
- Prevent fraud or duplication
- Offer extra perks like future discounts
- Become collectibles themselves
Brands like Coachella and NBA teams have already experimented with NFT ticketing.
๐ต NFTs in Music
NFTs allow musicians to sell their songs, albums, or concert experiences directly to fans.
Artists can:
- Receive royalties automatically
- Create limited-edition music releases
- Sell backstage passes or exclusive content as NFTs
This cuts out traditional music labels and empowers creators.
๐งพ NFTs in Digital Identity & Certification
NFTs can also store important personal information, such as:
- Diplomas
- Professional certificates
- IDs and licenses
- Proof of participation in events
These NFTs provide verifiable proof stored securely on blockchain networks.
๐ฉบ NFTs in Healthcare
Healthcare is exploring NFTs for storing:
- Medical records
- Prescriptions
- Patient IDs
This can give patients more control over their data while maintaining privacy and security.
๐ก Other Emerging NFT Use Cases
- Domain Names (like .eth names in Ethereum)
- Supply Chain Tracking
- Fashion (NFT-linked clothing)
- Charity & Fundraising
- Virtual Real Estate in the Metaverse
- Legal Documents
- Insurance Claims
- Sports Collectibles
๐ฏ Key Takeaways
- NFTs are not just about art โ they can represent any unique digital or real-world item.
- Industries like gaming, real estate, music, and healthcare are using NFTs in innovative ways.
- NFTs provide proof of ownership, authenticity, and access.
๐ Learn More
Internal Link โ NFTs & Digital Assets
External Link โ https://www.coindesk.com/learn/a-guide-to-nft-use-cases-beyond-digital-art/