Understanding NFTs Assets Training Ppt
This set of slides in depth covers the different types of NFT Non-Fungible Tokens assets,such as gaming,music,event tickets,virtual real estate,real-world assets,memes,and domain names.
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Slide 1
This slide demonstrates the different types of NFT assets such as collectibles, artwork, event tickets, music and media, gaming, virtual items, real-world assets, identity, memes and domain names.
Slide 2
This slide depicts the role of non-fungible tokens in the gaming industry. When it comes to gaming, big enterprises see non-fungible tokens as a way to design a consistent income stream from digital content.
Slide 3
This slide showcases the top-ranked non-fungible token video games. Play-to-earn NFT games offer players the possibility of acquiring certain digital items with real economic value.
Instructor’s Notes:
Here are the best NFT games around, at the moment
- Axie Infinity: Axie Infinity is assumably the most popular NFT video game around today. Axie Infinity is an exceptional use of NFT technology, and it has accumulated a decent following. It utilizes AXS and SLP, two Ethereum-based cryptocurrencies, and by July 2021, the value of its NFT collection in trades was estimated at $50 million
- Sorare: Sorare is a fantasy football game. As with any fantasy football league, you arrange a team based on your favorite players and get rewarded on their performance in real-life matches. The distinction here is that NFTs portray your team rather than just selecting them
- Evolution Land: Evolution Land is a city builder game where you can purchase land, construct buildings, and generally extend your area. Each of the continents in evolution land exists on a separate blockchain
- Gods Unchained: Gods Unchained is a game created by former directors of the Magic the Gathering series and is aimed at giving you moments of fun
- Cryptokitties: Cryptokitties is based around the Ethereum blockchain. It lets you gather cats you can breed to get additional cats. There are side missions like puzzle-solving that helps you progress in the game
Slide 4
This slide illustrates the aspects of NFTs in the music industry and how these can benefit music production by giving the owner the exclusive right to determine how the art is used.
Instructor’s Notes:
- Many specialists predict NFTs to prove transformative in shaping the future of music
- Songs, albums, music, lyrics, and soundbites can all be NFTs
- NFTs can assure that musicians are more fairly paid for their work
- Music can be integrated with digital art in jpeg or gif designs to create unique pieces of artwork with music combined
Slide 5
This slide showcases the use of non-fungible tokens in ticketing of events. Event organisers can use the ticketing system to generate the needed number of NFT tickets on their preferred blockchain platform. They can program the NFTs to establish a sale price or operate as an auction with individuals bidding on tickets.
Slide 6
This slide covers multiple benefits of NFT in ticketing like new revenue opportunities, preventing fake tickets and scams, perpetual revenue, reduced costs and quick production.
Slide 7
This slide illustrates how NFTs are a part of the real estate world. Non-fungible tokens are unique digital titles (tokens) to property stored on blockchain logs, either real or digital. Theoretically, this decreases the risk of damage due to fraud and enhances the ability of a proprietor to prove ownership.
Slide 8
This slide showcases the advantages and disadvantages of non-fungible tokens in the real estate industry. NFTs in real estate is so new a concept that it's challenging to measure their strengths and weaknesses. There are presently a lot of investigations taking place that will help investors understand whether NFTs can and cannot be involved within the real estate industry.
Slide 9
This slide covers the relationship between NFTs and the real estate industry in the upcoming future. The relationship is at such an early phase that it's challenging to make predictions. NFTs, in idea, can deliver easy ways to assign ownership of stakes in real estate assets or digital real estate.
Slide 10
This slide illustrates how NFTs are being integrated into virtual as well as real-world assets with the possibility of tokenizing property and using non-fungible tokens in transactions of property sales. An NFT can represent physical artwork, real estate, bottles of wine, cars, loans, stocks of companies, and much more.
Slide 11
This slide depicts renowned memes that were sold as an NFT. The memes sold were Bad Luck Brian, Disaster Girl; Charlie Bit My Finger; Success Kid and Nyan Cat for a hefty price.
Slide 12
This slide illustrates the use of domain names as non fungible tokens. NFT Domains, like cryptocurrency, are held in the owner's wallet and cannot be taken away by a third party. You have to pay once and own the domain for life, with no renewal costs
Slide 13
This slide showcases the top 5 most expensive non-fungible token art sold in the year 2021. The Merge by Pak was the highest-selling NFT art with the original price of $91.8 million, whereas CryptoPunk #3100 was the 5th most expensive digital art marketed for $7.69 Million.
Instructor’s Notes:
The sale of NFTs hit approximately $25 billion in 2021, with a significant increase in global art sales growth.
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