What can you do with your NFTs? – NFT Tutorials EPI 7
Posted On October 19, 2020
Alright, we’ve talked ‘collectibility’,
Let’s talk ‘utility’.
People don’t only collect NFT’s just to collect. NFTs are tokens that live on blockchain and are accessible via your digital wallet.
You can access websites that are web3 compatible to USE your NFT.
So say you’ve sold Tickets as NFTs to your upcoming virtual show or conference.
You can lock the door on your virtual venue and only allow people that have this ticket in their NFT to open the door!
How cool is that?
We’ve seen Kakao’s ‘klip’ app use NFT’s to verify accredited investors.
“South Korea’s well-known chat application, Kakao, bolsters its presence in blockchain and crypto with its partnership with a non-fungible token-powered trading platform and its new crypto wallet Klip.
According to Hanguk Kyungjae, the trading company Angel League will receive support from Kakao’s Klip platform for its digital certificates based on NFTs.”