A picture is worth a thousand words,
NFT's are worth a thousand pictures.
Non-Fungible is an economic term that you can use to describe your everyday stuff like your personal laptop, a song you’ve made or a file on your computer. These things aren’t interchangeable for other things because of their unique properties that they possess.
Imagine tokenizing anything from a picture, a song, a painting you’ve drawn on your little phone or even something as massive as real estate. Today, anyone can do this by uploading or registering any of these items into the Blockchain, and this allows you to verify your absolute ownership of it.
Let’s travel back into prehistoric times, before NFT’s graced the internet and gave power to artists an creators, NFT’s were traditionally just .png’s, .jpg’s, .mp3 files that anyone could copy and lose the traceability to its original source.
This sucks for the artist or creator of the file, art, property or collectible.
Now, with this innovation, you can claim ownership, rights and royalties of your work as the originator. Plus, this Ownership is traceable on a public record which makes it easy for anyone to verify who this modern-day Picasso is.
So. here's a list of things you could turn into an NFT:
The Education Industry has combated the billion-dollar issue of fake certification thanks to the innovation brought by NFT’s.
This is because NFTs are a transparent, safe and secure way of verifying the authenticity of anything people, companies or institutes create. Just imagine how you could innovate an industry, take the opportunity to become a digital artist or provide a service for authentication.