What can you do with NFTs once you buy them?

What can you do with NFTs once you buy them?

What can you do with NFTs once you buy them? 150 150 PRJCT.tools

Flex!

Many collectors use their favorite NFTs as their profile pics on social media. Some collectors display their digital artworks on large monitors or frames like the ones found at Infinite Objects.

Some buy virtual real estate (via NFT, of course) in which they’re able to build virtual galleries or museums. You can also roam virtual worlds like Decentraland and check out other people’s collections.

For some fans, the appeal is in the buying and selling — much like any other asset class. (The collector who sold the $6.9 million Beeple paid less than $70,000 for it in October 2020).

More and more mainstream artists have also gotten involved in the space — especially from the world of music. In early March, Nashville band Kings of Leon announced their next album would arrive in the form of multiple NFTs. Depending on which a fan buys, various perks will be unlocked — like alternate cover art, limited-edition vinyl, and even a “golden ticket” to a VIP concert experience.