Ecipients in the near

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Rakhi92
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Joined: Wed Nov 22, 2023 8:31 am

Ecipients in the near

Post by Rakhi92 »

What Else Is There for NFTs? According to Jeremy Gilbertson , a Metaverse methodologist and Web . strategist, the key feature of future NFTs should focus on their utility. For example, people should buy NFTs to express their attachment to brands, artists and musicians. They are part of a larger community that shares the same idols or musical taste. But this exceptional sense of belonging and community doesn't have to end with fandoms collecting branded NFTs.

The Song That Owns Itself (STOI) offers decentralized Web Design and Development Service digital ownership, where fans can co-own the song and also earn profits from sales. Projects like STOI represent the potential for collaborations breaking the gap between creators and r future. The growing importance of participation indicates that one of the necessary features of the Metaverse and NFTs is to include its users to not only co-own the products, but also co-create them. In this way, for example, fans would be able to contribute to the music production process with their favorite bands, choosing the generated combinations of the presented versions of the piece, rather than passively consuming an already decided song.

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Another category is the evolutionary capacity and the interrelationship of the physical world with the virtual one. As explained by Gilbertson, the evolutionary capabilities of NFTs, in this sense, should resemble the real world where, for example, your NFT of a tree should change with the seasons automatically. Another coveted point is the transportability of domain between different virtual platforms and the real world equally. For example, Tom Sachs: Rocket Factory has created a platform where you can assemble your own rocket from different NFT components. Then, your rocket can be transformed into a physical rocket when.
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