A Streamlined Guide on NFT Categories

Hi, everyone how are you all, hope all are you great and I'm good too today I will talk about the categories of nft according to different point of view, hope you will enjoy this article.

NFT in Brief

Well we all know what is NFT so, without wasting much time I'm giving a short introduction here, Non-Fungible Token or NFT is a different type of digital asset that is unique to each other and recorded on blockchain to certify authority of a certain person who own this and the ownership only can be transferred by owner if sold his/her nft to another person. All nft are unique and it can't be copied.

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In simple NFTs are digital art pieces, song, gameing items, virtual properties or collectible items registered on blockchain and can be traded on various platforms.

Types of NFTs

NFTs are majorly dividend into five main categories and those are digital art and collectibles, gaming items, music and entertainment, Virtual real estate and utility NFTs.

Digital Art and Collectibles:- In this category we can add all different types of art work and paintings and collectible items like different trump cards and playing cards.

Gaming:- NFTs which are part of a game are considered as Gaming NFTs it can be a game character, skin and weapons etc.

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Music and Entertainment:- In this category we can have unique piece of video footage, music, film or exclusive concert tickets as NFTs which are listed and tokenized by different singers and film makers on the blockchain.

Virtual Real Estate:- As metaverse is on continuous development rise the concept and usage of nft also in action here we can get land, building, house or any space in a metaverse world as a nft.

Utility:- This type of NFTs are little different and it's basically provide you some sort of service experience like;- early acces to different things and exclusive membership benifits.

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