There are several things you can do with an NFT, depending on the type of asset it represents!
Some common uses for NFTs include:
- buying and selling digital artwork and other collectibles
- using them as proof of ownership for digital assets
- incorporating them into games and other online experiences
Because NFTs are unique and cannot be replicated, they can also be used to create scarcity and value for certain digital assets. For example, an artist may create a limited edition series of NFTs representing their artwork, which can then be bought and sold by collectors.
Additionally, some online platforms and marketplaces have emerged that allow users to buy, sell, and trade NFTs, giving them even more utility and potential value. Visit the ImmutableX Marketplace to see it in action!