What is the point of an NFT? What can be made into an NFT? What can you do with an NFT? In simple terms, an NFT is a token associated with a digital or physical product, used to prove authenticity and ownership. In that sense, anything can be tokenized or made into an NFT.
The most common use cases for NFTs are art, music, gaming items, and digital collectibles. The point of an NFT depends on the user’s perspective. People buy NFT-associated items to collect them, make money from them, receive utility benefits such as community membership and future discounts, or own gaming assets that can appreciate in value or be sold.
