I don’t know about you, but it looks like we’re in the ICO stage (2017) stage of NFTs. Quick cash grabs, high floor prices, etc.
Beyond art, I see so many other applications for NFTs. Example: Michael Jordan creating a fan engagement platform with NFTs, companies like 4K turning physical goods into NFTs to leverage, music platforms that sell NFTs to redeem for experiences, etc.
What other applications do you guys see for NFTs?
I think many other applications can use NFT. It is proof that crypto has now evolved to benefit human life. At least, they can make money from crypto and the trend. The trend of NFT is becoming bigger as many new projects try to connect it into gaming or art, so it will have the possibility that we will see another thing that will use NFT. But still, NFT needs to run and build new things for human life so NFT can be a bridge between a digital world with real life. It is like what crypto has already done and maybe in the future, it will fully connect each other between real life and digital life.