Why nft is the best business in the whole blockchain

in Steem Schools2 days ago
Be wise and be positive.

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Why NFTs Have the Edge Over Other Blockchain Businesses

  1. Uniqueness = Scarcity in the Digital World

Cryptocurrencies are fungible — one coin equals another. NFTs are non-fungible — every token is unique. That uniqueness gives them inherent scarcity and collectable value in a way that purely transactional crypto assets can’t match.

  1. Ownership + Authenticity Built In

With NFTs, you carry proof of ownership and authenticity on-chain. You don’t need trust in a third party — the blockchain is your guarantee. That’s a powerful shift in how value is secured and transferred.

  1. Royalties and Lifelong Value for Creators

One of the most differentiating features: creator royalties. When an NFT is resold, the original creator can automatically receive a percentage. This aligns incentives and allows creators to benefit from the long tail of secondary markets.

  1. Tangible Utility Beyond Collectables

NFTs are no longer just art. They can represent digital real estate, virtual fashion, access passes, membership tokens, gaming assets, event tickets, IP rights, licensing, and more. That breadth of use cases turns NFTs into engines of new business models.

  1. Community + Brand + Engagement

Owning an NFT often means joining a community — you gain status, membership, and direct alignment with a brand or creator. That’s deeper than owning a token; it’s emotional, social, and sticky.

  1. Low Barrier to Entry & High Flexibility

Minting NFTs can be done with relatively low technical overhead. You can launch collections, experiment with utility, partner in cross-project drops, and pivot faster than many traditional blockchain ventures.

  1. Transparency, Immutability & Trust

Every transaction is recorded permanently and publicly. You can trace provenance, confirm legitimacy, and eliminate many of the trust issues that plague conventional digital goods.

Cautions You Shouldn’t Ignore

Not all NFTs have value: many collections fail, and liquidity can evaporate.

Gas/transaction fees, scalability, and blockchain design matter for cost and sustainability.

True utility and community are essential — “[just art] with no use-case” is risky.

Conclusion

If done right, NFTs combine the best of blockchain:

Scarcity + uniqueness

Proof of ownership

Built-in creator economics

Flexible utility layers

Community and brand loyalty

It’s not “just another blockchain business” — when well-architected, it becomes a hub of value, engagement, and innovation.

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Original post by @dobartim
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@dobartim, this is a fantastic breakdown of why NFTs are gaining so much traction! I especially appreciate how you highlight the creator royalties aspect. It's a game-changer for artists and digital creators, offering a sustainable way to benefit from their work long-term.

The points about community building and tangible utility beyond collectibles really underscore the potential of NFTs to revolutionize various industries. Your cautions are also well-noted – reminding us that not all NFTs are created equal and careful consideration is crucial.

Thanks for sharing your insights! I'm eager to see more content on this topic. What are some NFT projects you're particularly excited about right now? Let's discuss and learn together!

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