11 Examples of NFTs

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NFTs have exploded in popularity in recent years, resulting in an industry worth billions, and giving everyday artists the chance to make incredible amounts of money with their work. Additionally, minting digital assets into NFTs can provide a degree of control over an artist’s work that has never been conventionally achievable. We’re going to take a look at what exactly NFTs are, as well as some of the most popular or potentially valuable examples of NFTs today.

What Are NFTs?

It can be difficult to define NFTs for those new to the space, particularly if this newness is also accompanied by a lack of familiarity with blockchain technology. An NFT, or non-fungible token, is a digital asset that has been uniquely tokenized and made part of a public blockchain. This allows the ownership of a particular image, song, art piece or other digital assets to be immutably recorded, providing undeniable provenance and transparency.

Examples of NFTs

NFTs may still seem a little anomalous, but just like anything else, they become much easier to understand when seen in examples. This may also provide some inspiration for artists looking to cash in on the NFT boom.

Nyan Cat

One of the most popular memes of all time has been minted as an NFT. The creator of the Nyan Cat meme made a GIF of the zooming, rainbow-trailing cat, and made more than $800,000 from the sale of it.

Everydays: The First 5000 Days by Beeple

One of the most important benchmarks in the NFT economy is undoubtedly the sale of the piece “Everydays: The First 5000 Days” from digital artist Beeple. Not only is it the first entirely digital NFT art piece, but it also sold for nearly $70 million.

CryptoKitties

The NFT equivalent of collecting Digimon cards, CryptoKitties was one of the earliest and most popular NFTs offered on the Ethereum blockchain and became the first trading game based on a blockchain.

CryptoPunks

Another well-known NFT collection is the limited collection of 10,000 unique, procedurally generated CryptoPunks. Each one can be owned by a single person, with some of the retro 8-bit punks being worth staggering amounts of money. 

Just About Anything “Shatner”

In 2020 Captain Kirk himself created 125,000 NFTs featuring images and digital assets encompassing his entire professional life. They sold out in less than 10 minutes.

The First Tweet

Another milestone for NFTs overall was the sale of the first tweet ever made on the social media platform Twitter, made by CEO Jack Dorsey. It sold for almost $3 million, which was used to buy bitcoin that was subsequently donated to the GiveDirectly charity.

Real Estate

Even the real estate industry is leveraging blockchain technology by allowing potential investors to purchase portions of a property, by tokenizing that property. This means that rather than ask a single investor for $10,000,000 to invest in a property, that property can be tokenized and sold in “shares”, allowing people to invest as much or as little as they want on a per share basis.

Digital Shoes

Believe it or not, there is more than one artist out there minting digital sneaker NFTs. Not only is artist RTFKT cashing in with NFT sneakers that can’t even be worn, fetching $10,000 or more, but even bigger names are getting in on it. Nike is beginning to mint virtual shoes that can be merged with physical shoes, allowing owners of NFT sneakers to have them created specifically for them. 

Tickets to Events

Since the blockchain that NFTs are hosted on is unchangeable, this makes it the perfect way to sell tickets to events once they’ve been minted as NFTs. Since the originator and undeniable owner of the ticket or pass are recorded in the blockchain, each one has unrivaled transparency and protection.

Licenses, Degrees, & Certificates

Organizations that issue licenses or professional certifications can use NFTs to ensure that their credentials are immune from fraud and counterfeiting efforts. By using blockchain technology, each license can be minted as an NFT, proving not only who created and issued it, but to whom it was issued.

Taco GIFs

Taco Bell entered the NFT arena recently, not by offering digital assets of their own, but by having a series of taco bell-inspired GIFs commissioned. The pieces were aligned with the brand’s affordability, being priced at just $1 each. The proceeds were entirely donated to the Taco Bell Foundation, the eatery’s charity arm. 

The Possibilities for Minting NFTs are Limitless

Now that you’ve seen some of the ingenious ways that NFTs can be implemented, alongside some everyday applications, the entire concept should be much more accessible. If you’re looking to invest in the newest digital trend, NFTs are it. If you’re an artist hoping to make a better living from your art, as well as looking to exercise more control over the process and the eventual revenue, NFTs could be your digital ticket out of the gallery and commission grind.


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