From art to gaming to real estate, NFTs are constantly exploring new fields, demonstrating strong innovation and application potential. At Worldes, we focus on tokenizing real estate and providing users with a new way to invest in real estate. Today, let's explore seven eye-catching real-world NFT use cases together.
Real estate has always been a focal point of people's attention, and now NFT is bringing a new revolution to the real estate market. With the increasing demand for decentralized real estate markets, real estate NFTs are gradually becoming popular. Investors crave diversified investment options, and in the context of high housing prices, purchasing property tokens has become a more attractive solution.
At Worldes, users can easily participate in real estate investment by purchasing property tokens. Each property token represents a portion of ownership of a specific property, allowing investors to enter the real estate market at a lower cost. This innovative investment approach not only lowers the investment threshold, but also increases the liquidity of assets.
The advantage of real estate NFTs lies not only in the convenience of investment. Through blockchain technology, the ownership records of real estate tokens are clear, transparent, and tamper proof, ensuring the rights and interests of investors. Meanwhile, NFTs can also bring higher efficiency to real estate transactions, reduce intermediaries, and lower transaction costs.
The gaming industry has always been one of the hot areas for NFT applications. Hsuan Lee, co-founder of Blocto, stated that the daily trading volume of the NFT market has exceeded $700 million, and many companies such as Sony, Polygon, and Yuga Labs have invested heavily in NFT games.
Game NFTs bring players a brand new gaming experience. Through the implementation of digital ownership, players can truly own in-game assets such as currency and character skins, enhancing the fun and value of the game. At the same time, the implementation of game interoperability also brings players more choices and possibilities, allowing assets between different games to circulate with each other.
The Ukrainian Ministry of Digital Transformation launched the MetaHistory NFT Museum in March 2022, aiming to record in real-time the situation of Vladimir Putin's invasion of Ukraine. The museum sells NFTs, which include tweets from Ukrainian artists about the war. The funds will be deposited into the museum's encrypted wallet for the purpose of restoring valuable cultural relics destroyed or affected by the war.
NFTs played an important role in this war, not only raising funds for Ukraine, but also allowing the world to learn more about Ukraine's culture and history.
Saving information for future dates is another novel use case for NFTs. The Indonesian Ministry of Tourism is using NFTs to maintain its heritage records and promote virtual tourism. The Web3 platform Quantum Temple collaborates closely with Southeast Asian countries to mark the tangible and intangible forms of their cultural heritage.
The Vatican also announced last year that it would open an NFT art gallery in the metaverse, allowing people from anywhere in the world to view its collections, manuscripts, and other items contained in actual museums.
Starbucks recently launched its first NFT series called 'Journey Stamps'. This series allows users to embark on a unique "journey" by visiting a Starbucks store they have never been to before or trying out Starbucks drinks they have never tried before. Adam Brotman, co-founder of Forum3, stated that this project has brought Starbucks a completely new brand experience and user interaction.
The Australian Open is the first Grand Slam tournament to enter the metaverse, minting AO Art Ball NFTs associated with real-time data such as match points on the blockchain. This project provides a unique opportunity for people around the world to have selected AO experiences, such as specific moments during tournaments.
Nowadays, NFTs are used to represent educational degrees or professional certificates, providing secure and verifiable proof of credentials. At the same time, Nike's NFT marketplace allows users to trade virtual Nike products, Ticketmaster NFT tickets provide event organizers with an NFT issuance method linked to tickets, and Spotify pilots the use of token playlists to provide exclusive music experiences for specific users. The California Department of Motor Vehicles is also using blockchain to store information about car names as NFTs.
The application scenarios of NFTs are constantly expanding, from real estate to gaming, from cultural heritage protection to brand marketing, from certificate authentication to token based access, NFTs are bringing innovation and change to various fields. At Worldes, we will continue to strive for the development of real estate tokenization, providing users with more convenient, efficient, and secure ways to invest in real estate. Let's look forward to more exciting applications of NFTs in the future together.