NFT Culture: A New Era

Authors

DOI:

https://doi.org/10.36676/sjmbt.v1i1.08

Keywords:

NFT Culture, Exclusive NFT, Greeting NFT, Opensea, Young Parrot, Blockchain, NFT, Metaverse

Abstract

It is observed that there are several artists who are developing marvelous products but their product needs international exposure. These artists have limited market if they are going to promote and sell product. Moreover the there is lack of premium customer in rural areas. Thus artist who lives in rural area does not get proper incentive and significance. NFT is the only way to provide such artist global market where such artists may promote their art work. With the advent of blockchain technology NFT creation and marketing has been increased. Thus there are several international; market place such as Opensea and Young parrot that allows creation of NFT over Matic, Satoshi core, Ethereum and BNB smart chain.  9NFTMANIA proposed a lifestyle that is named as NFT culture. In these culture greetings, invitations, certificates, membership card would be made in form of NFT. In this way secure transfer of digital asset could be made and this NFT would have particular value. Even if a person wants to thank someone or want to say good morning then he should transfer NFT to other person's wallet. Moreover the supply of such greeting NFT would be limited thus there remains expectation of raise in price. On other hand holder of NFT would be able to access premium web services when web 3.0 mechanisms are applied to verify NFT holder in Metaverse.

References

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Published

2023-12-04

How to Cite

Gupta, M., Gupta, D., & Duggal, A. (2023). NFT Culture: A New Era. Scientific Journal of Metaverse and Blockchain Technologies, 1(1), 57–62. https://doi.org/10.36676/sjmbt.v1i1.08
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