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NFT Kit
NFT Kit
  • What is the NFT KIT?
    • Introduction
    • Non-Fungible Tokens (NFTs)
      • NFT | Basics
      • Technologies & Concepts
    • NFT Kit
      • NFT Kit | Basics
        • Overview
        • Functionality
      • NFT Flavors & Ecosystems
      • Architecture
        • Low-Level Service Abstraction
        • Ecosystem Abstraction
        • High-Level Interfaces / APIs
      • Use Cases
  • Getting started
    • Quick Start
  • Ecosystems
    • Ethereum | Polygon | Shimmer
      • Setup
      • NFT | Creation & Management
        • Smart Contract Deployment
        • Minting NFTs
        • Get NFT Metadata
        • Get Account Balance
        • Get Token Owner
        • Get Collection Info
        • Get NFTs by Account
      • NFT | Ownership Verification
        • Ownership Verification
        • Ownership Verification With Traits
      • Smart Contract | Extensions
        • Pausable
        • Burnable
      • Smart Contract | Access Control
        • Ownership
        • Role-Based Access Control
    • Ocean Protocol
      • Setup
      • NFT | Verification
      • NFT | Wallet
      • Architecture
    • Tezos
      • Architecture
      • NFT | Creation & Management
        • Smart Contract
        • Add Minter
        • NFT Minting
        • Fetch NFT metadata
        • Get account NFTs
        • Get contract metadata
      • NFT | Ownership Verification
        • NFT Ownership Verification
        • NFT Ownership Verification Within A Collection
        • NFT Ownership Verification With Traits
      • NFT | Wallet
      • Tutorials
        • Minting NFTs on Tezos
          • Setup
          • New Collection
          • First NFT
          • Verification
          • Wallet
    • Near Protocol
      • Architecture
        • Smart Contract
        • Blockchain NFTs operations
        • NFTs Queries
      • NFT | Creation & Management
        • NEAR Sub-Account
        • Deploy NFT Contract
        • NFT | Minting
      • Querying NFT information controller
        • Get NFTs for account
        • Get NFT By Token Id
        • Get NFT contract metadata
      • NFT | Wallet
      • Tutorials
        • Minting NFT on Near Protocol
          • Near Wallet Creation
          • Setup NFT-Kit
          • Create Sub-account
          • Smart Contract ( Collection )
          • Minting your first NFT
        • NFT Ownership Verification
        • Wallet
    • Polkadot
      • Architecture
      • Query NFTs
        • Unique network
          • Fetching Token id & Collection id
          • Fetching NFT metadata
        • Parachain Networks
          • Fetching Tokens by subscan
          • Fetching EVM ERC721 Collectibles by subscan
      • NFT | Ownership Verification
        • NFT ownership verification
        • NFT ownership verification within a collection
        • NFT ownership verification with traits
      • NFT | Wallet
        • Polkadot parachains
        • Polkadot EVM compatible parachains
    • Flow
      • Architecture
        • Cadence Scripts
        • NFT Operations (FCL)
      • Querying NFT information Controller
        • Get NFTs for an account
        • Get NFTs in Collection
        • Get NFT by Token Id
      • NFT | Ownership Verification
        • NFT ownership verification on Flow
        • NFT ownership verification in collection on Flow
      • NFT | Wallet
        • Flow Blockchain
    • Algorand
      • Architecture
        • Algorand Standard Assets (ASAs)
      • NFT | Creation & Management
        • Account Creation
        • NFT Creation (ARC3)
      • Querying Asset information
        • Get Assets for account
        • Get Asset Details
        • Get NFT Metadata by asset id
        • Get NFT by Asset id
      • NFT | Ownership Verification
        • NFT ownership verification
        • NFT ownership verification with traits
        • NFT ownership verification Based on Creator
        • NFT Metadata verification against a dynamic policy
      • NFT | Wallet
        • Algorand Blockchain
    • IPFS
  • Concepts
    • Soulbound Tokens (SBTs)
    • NFT verification with OPA
  • Configurations
    • Configuration Files
    • Gas Provider
  • Community
    • Discord
    • Twitter
    • Newsletter
    • GitHub Discussions
  • DEVELOPER RELATIONS
    • Roadmap
    • Contribute
    • Share Feedback
    • Contact
  • Product Editions
    • Open Source | Always Free
    • Enterprise | Self-Managed
    • Cloud Platform | Managed
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On this page
  • Ownership and Access Management
  • Creator economy
  • Entertainment
  • Travel and mobility
  • Tourism and Travel
  • Supply Chain
  • Art
  • Music
  • Ticketing
  • Real Estate
  • Gaming
  • Product Authenticity
  • Fundraising and crowdfunding
  • Any Questions

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  1. What is the NFT KIT?
  2. NFT Kit

Use Cases

Use cases you can build with the NFT Kit.

PreviousHigh-Level Interfaces / APIsNextQuick Start

Last updated 2 years ago

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As the world is going digital, it becomes necessary to model ownership in a digital way. NFTs allow us to do just that by encoding ownership of any type of asset in a digital format.

As a result, NFT use cases can be found wherever there’s a need to digitally model ownership. In other words, the list of use cases is long and NFTs will likely be among the most important building blocks on which the digital world (or something like a metaverse) will be built.

The following graphic shows a range of NFT use cases across different industries to illustrate the potential of NFTs:

Ownership and Access Management

You can use the NFT Kit to enable your users, customers, employees or partners to create and manage any form of ownership (whether it's about a physical good, or digital items). This allows businesses to create digital ownership documents that are very hard to counterfeit but easy to verify, which makes the user experience more secure and enjoyable.

Decoupling the access to a product or service from a users’ identity is also possible as access can be given to the owner of a specific NFT only without having to know the identity of this owner in advance. The following categories show more specific use cases and examples.

Creator economy

The most famous NFT use case is certainly digital art. With NFTs, artist have the ability to create digital scarcity and thus sell their digital art as NFT. The creator economy also includes fashion brands that uses NFT as a "digital twin" of a physical product that a customer bought. In the luxury industries, NFT can also be used to issue authenticity certificates.

Entertainment

Entertainment is a big industry for NFTs. They can be used to represent items in video games which makes the players the true owners of those NFT gaming items, while allowing them to trade them and even use them in another video game or another context. Another use case that is becoming more and more popular is ticketing. When NFTs are used for ticketing, it allows a better management of events ticket because they are on a public blockchain with a high level of traceability, but it also reduces fraud because users can verify that the NFT they are buying is authentic. Lastly, NFT ticketing also provides consumers with a better user experience.

Travel and mobility

Similar tho the ticketing use case for events, NFT can be use to represent airplane or any public transport tickets; but also membership cards to access any services and transport.

Tourism and Travel

Loyalty program, exclusive content and vouchers are 3 practical use cases for NFTs in the Tourism and Travel industry. They are a great way to engage guests in a digital and interactive way as well as rewarding them.

Supply Chain

Thanks to its traceability characteristic, NFT are of course perfectly designed for Supply Chain usage. Product tracking and product authenticity is made easy when physical products are associated with NFTs.

Art

Digital art can be monetized by making unique digital assets that can have exclusive properties, on top of being easily sold or rented. In DeFi (Decentralized Finance), art NFTs can also be used as collateral for a loan

Music

In a similar way to digital art, musicians and singers can link their music to NFTs which makes it possible to own a piece of a song or album and receive royalties from it.

Ticketing

Event organizers may issue event tickets using NFT, as it would avoid fraud (by providing an easy way to verify tickets), but it would also allow for a better traceability of all the tickets that are resold.

Real Estate

Property ownership documents can also be made (created and issued) via NFTs which would represent a digital and immutable certificate of ownership of a physical real estate property. In another fashion, NFTs are also used to represent virtual properties.

Gaming

Items in online games can now be truly owned by the players, which offers many new possibilities such as selling and buying items outside of a game’s centralized marketplace, but also using those items in other digital environments like in other games.

Product Authenticity

Similar to the property ownership documents for the real estate use case, NFTs can also be used to prove the authenticity of any other physical products, such as clothing items, jewelry, cars, etc.

Fundraising and crowdfunding

Foundations and charities have already started to raise money by selling their own NFT collection, but crowdfunding platforms are now challenged by NFTs as it allows startups to raise funds in a peer to peer way.

Any Questions

If you have any questions, feel free to .

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