37+ Crazy Practical NFT Ideas And Use Cases
Introduction To The NFT Market
There are several NFT ideas that can be used for many different purposes besides digital art.
Many businesses are adopting web3 technology and coming up with cutting-edge NFT projects with unique ideas and use cases.
The current trend for NFT projects is for them to be used as a way to represent ownership of digital assets. This includes everything from carbon credits to virtual art.
The advantage of using an NFT to represent ownership is that it can be easily transferred and stored.
In this blog post, I will share 37 of the best NFT ideas that you can use to make money, solve a business problem, or just for fun.
I hope that these NFT ideas will help get your creative juices flowing and inspire you to create your own amazing NFT collection!
List Of 37 Practical NFT Ideas And Use Cases
1. Carbon Credit
An NFT collection can be minted and companies can be issued carbon credits represented by NFTs in the collection to ensure transparency of transactions and metadata storage.
2. Restaurant Membership
Restaurants can grant exclusive access and/or service benefits based on the possession of a specific NFT.
3. Event Tickets
From sporting events to conventions, tickets can be a reliable way of verifying an attendee has purchased a ticket.
The NFT can also grant holders additional benefits such as exclusive content and private lounge access.
The tickets can also be regarded as NFT collectibles which can be sold and traded after the event has taken place.
4. Customer Asset
Customer asset non-fungible tokens can be used to represent a customer’s ownership of a product or service.
This is an immutable way of ensuring you as a business have correct customer information.
For example, a customer asset could be used to represent a customer’s internet service.
5. Collectible Representation
The NFT would be stored on a blockchain, and the collectible would be a physical object, such as a card or a piece of jewelry.
The owner of the NFT would be able to sell or trade the collectible, and the new owner would be able to view the NFT on the blockchain.
This would allow people to trade and collect NFTs without having to worry about the security or authenticity of the NFT. It would also create a new market for collectors and investors.
6. Visual Art
There are already a number of artists who are selling their work as NFTs. Some people see this as a way to make art more accessible to everyone since anyone can buy an NFT.
Others believe that it could lead to a new form of the art market where artists can directly sell their work to collectors without going through galleries or other middlemen.
Some artists even use AI to generate unique NFT collectibles which would not be possible for a human to create. These can take inspiration from existing art, nature, and mathematical functions.
By representing songs as NFTs, you can purchase a digital copy of your favorite song and own it forever.
Not only that, but you can also sell it or trade it if you want. This is a great way to support your favorite artists and get something in return.
Gala music NFTs are digital assets that represent a song. Gala music NFTs will be used in a decentralized music streaming platform which creates a better relationship between artists and fans.
A short clip that the owner can use in any way they want. The clips could vary in duration.
This would be a great way for artists and creators to get their work seen by a wider audience, and it would also allow fans to show their support for their favorite creators.
9. Renewable Energy Funding
NFTs can be used to finance new renewable energy projects.
By selling digital tokens, developers can raise capital for building new solar and wind farms.
This will accelerate the transition to a clean energy future.
A passport NFT that can be used as a digital ID. The passport would be stored on a blockchain and would be verified by the government.
The benefits of this system would be that it would be more secure than traditional passports, and it would also be more convenient.
There would be no need to carry around a physical passport, and the passport could be easily updated with new information.
11. Birth Certificate
The birth certificate NFT would be certified by a notary, and it would include all relevant information about your birth, such as the date, time, and place.
It would also have a unique ID number that would be linked to your birth certificate on the blockchain. This would allow anyone to verify the authenticity of the document.
The birth certificate would be stored in a digital wallet, and you would be able to access it at any time.
12. Green Card
The holder of a green card NFT has proof of their status as a permanent resident of the United States. In addition, the NFT can be used to confirm the identity of the holder when they apply for benefits or services.
13. Driver’s License
Your driver’s license could be represented by an NFT (non-fungible token), which would be stored on your device and could be easily accessed by anyone with an internet connection.
Advantages include increased security and enhanced privacy. It also makes it easy to share your driver’s license with others without worrying about losing it or having it stolen.
14. Insurance Policy
Insurance companies are exploring the use of NFTs to represent insurance policies. Using NFTs ensures that the policy is tamper-proof and secure.
Additionally, NFTs would provide a transparent way to manage insurance policies.
15. Loyalty Program
An NFT Loyalty Program is a new way to reward your best customers using blockchain technology.
Customers who are eligible for the program will receive an NFT which grants them exclusive access to benefits and events for being loyal customers.
16. Real Estate
NFTs representing real estate would allow buyers and sellers to trade properties without the need for a traditional broker or title company.
The transaction would be recorded on the blockchain, ensuring that all parties involved have a secure and tamper-proof record of the sale.
17. Metaverse Avatar
In the Metaverse, you can use NFTs to create, own, and represent an avatar. This avatar can be used in any of the virtual spaces on the associated Metaverse platform.
Avatars are not just characters in a game, they’re a representation of who you are. They can be used to purchase virtual goods and services, or traded on secondary markets.
NFTs would make it easy to verify the authenticity of a diploma. Since each NFT would be unique, there would be no way to create a fake or duplicate one.
NFT diplomas could help to prevent fraud. For example, if someone tried to use a fake diploma, the authenticator simply checked the associated NFT to see if it was valid.
They could also offer employers a more direct way to assess candidates’ skills and qualifications.
Instead of being based on a traditional paper credential, certifications can be represented by an NFT (Non-Fungible Token).
The NFT will be stored on the blockchain and will be available for anyone to view.
This will allow employers to verify your certifications easily and quickly.
It will also allow you to share your certification with your network of contacts.
20. Health Card
The main benefit of using an NFT for a health card is that it would be impossible to lose or misplace.
21. Airplane Ticket
An NFT representing an authentic airplane ticket which can then be stored in a digital wallet and used to board the plane is something that might be seen in the coming years.
This solution would make it easier to keep track of who owns which ticket and eliminates the need for paper tickets.
22. Website Content Access Token
A website access token represented by an NFT could be a helpful way to ensure that only authorized users have access to a website.
This would work by having the NFT represent the user’s login information, which would then be stored on a blockchain.
Because blockchains are immutable, this would mean that the user’s login information would be stored in a secure and tamper-proof way.
Additionally, this would also make it possible to revoke the token if necessary, which would effectively log the user out of the website.
This system could be particularly useful for websites that contain sensitive data, as it would offer an extra layer of security.
23. Restaurant Access Token
If you’re looking for a unique and innovative way to promote your restaurant, consider creating an access token to represent VIP status or other membership levels
This would allow customers to easily enter your establishment and redeem rewards simply by holding the token.
Not only would this system be more convenient for customers, but it could also help to increase foot traffic and build loyalty.
Best of all, NFTs can be customized to feature your restaurant’s branding, making them a valuable marketing tool.
24. NFT Minting Access Token
You can create a special type of NFT that enables only the holder to mint new NFTs. This concept can be applied in several different contexts, for example, gaming or finance.
One example of this is CyptoDunks, which holders have the ability to mint new NFTs that they can wear in the metaverse or sell.
25. Banking Authentication
Banking authentication is a process whereby a bank verifies the identity of its customers. This is usually done through the use of an identification card, a passport, or other similar documents.
In recent years, however, banks have begun to explore the use of new technologies, such as blockchain and non-fungible tokens (NFTs), for this purpose.
The advantage of using these technologies is that they offer a more secure and tamper-proof way of verifying customer identity.
For example, an NFT could be used to store a customer’s biometric data, such as their fingerprint or iris scan.
This data could then be used to verify the customer’s identity whenever they attempt to access their bank account.
26. Loan Agreement
By encoding loan terms into an NFT, borrowers, and lenders would have a clear and immutable record of the loan agreement.
This would reduce the risk of misunderstanding or dispute, and could potentially make it easier to enforce loans in the event of default.
27. Metaverse Plot of Land
Land within the Metaverse represented by an NFT can be used for a variety of purposes, such as gaming, social networking, or even business.
Because NFTs can be easily traded or exchanged, they offer a high degree of liquidity for investors.
28. Cab License
Each taxi driver would have a unique digital token that could be easily tracked and transferred. The authenticity of licenses can be maintained and fraud reduced.
29. Environmental Campaign Donation Method
A new method for environmental fundraising is the use of non-fungible tokens (NFTs). Campaigners can create NFTs that represent their cause.
For example, they could create an NFT collection that represents a donation to an environmental campaign. People can then buy these NFTs and donate to the campaign.
It is a more effective way of raising money as it is easier to get people to buy NFTs than it is to get them to donate.
30. Metaverse Advertisement
NFTs could be used to represent individual ads or ad units and could be bought and sold in real-time on open markets.
This would create a whole new ecosystem for online advertising and could provide a more immersive and interactive experience for users.
NFT-based advertising could also be used to support other emerging technologies, such as augmented reality (AR) and virtual reality (VR).
31. Metaverse Items
Metaverse accessory NFTs are taking things to the next level by offering a way to accessorize your avatar in popular virtual worlds.
These NFTs can be items like clothing, accessories, cars and houses, hairstyles, and more
Because they’re stored on the blockchain, the Metaverse items can be easily traded or sold for a profit.
32. Supply Chain Tracking
By using NFTs to track the movement of goods through the supply chain, businesses can reduce costs, improve efficiency, and ensure compliance with regulations.
When a customer gets the end product, they can see all the materials used in the assembly of the product by looking at the NFT representations of the materials used and where the materials originated.
33. Compliance Assurance
NFTs can be used to track and verify compliance with regulations. This ensures that businesses are meeting their obligations, and it provides a transparent and auditable record of compliance.
34. Government Documents
Governments can mint non-fungible tokens, to represent government documents. The idea is to use blockchain technology to provide more transparency and security for digital records.
With more and more government businesses moving online, the agency is under pressure to find new ways to ensure the authenticity and integrity of digital documents.
NFTs could be a transformative tool for managing digital records.
35. Drug Data Storage
NFTs could be used to store drug data, eliminating the need for centralized databases. This would allow patients and physicians to access the data in a secure and tamper-proof way.
Additionally, NFTs could be used to track the provenance of drugs, ensuring that patients receive safe and effective medications.
36. Drug Prescriptions
With this application, patients can receive their prescriptions in the form of an NFT.
This offers several advantages over the traditional system. Prescriptions can be sent directly to pharmacies, without the need for paper records.
Patients can access their prescriptions from anywhere in the world, at any time.
37. Fractionalization of Assets
Fractionalization is the process of dividing up an asset into smaller units. NFTs can be created to represent a fraction of an asset that can be purchased and held by several owners.
What Is An NFT?
NFTs are digital assets that are stored on a blockchain. They represent ownership of digital or physical items such as real estate, art, music, or videos.
NFTs are unique and cannot be duplicated, making them ideal for collectibles. One of the benefits of using NFTs is that they provide a tamper-proof way to verify ownership.
Because NFTs are stored on a blockchain, they cannot be modified or deleted. This makes them a secure way to store valuable digital assets.
Additionally, NFTs can be bought and sold in secondary markets, providing a way for creators to earn money from their work.
What Makes A Good NFT?
NFTs, or non-fungible tokens, have quickly become one of the hottest topics in the crypto world.
So, what makes a good NFT?
First and foremost, an NFT project should be backed by a strong team with a proven track record. The team should have a clear vision for the project and a road map for how they plan to achieve it.
Additionally, the NFT should be built on top of a solid underlying technology platform. This will ensure that the NFT is able to scale and meet the demands of a growing user base.
The best NFT ideas will have real-world use cases that provide value to users.
These use cases could include anything from providing access to exclusive content to powering decentralized applications.
If your NFT ideas meet these criteria, then it has a good chance of being successful.
What Is An NFT Marketplace?
An NFT marketplace is a platform where users can buy, sell, or trade digital assets that are authenticated and verified as unique by blockchain technology.
These marketplaces can sell NFTs from different networks such as Ethereum, Hedera and polygon.
To buy an NFT on the Hedera network for example, you must first buy the HBAR token from an HBAR exchange, then use those tokens to purchase an NFT on the Hedera network.
NFTs can represent anything from digital art and collectibles to in-game items and virtual land.
Because they are backed by blockchain, NFTs can be bought, sold, or traded without the need for a central authority.
This makes them ideal for collectors and investors who want to own unique digital assets that cannot be replicated or counterfeited.
There are a number of popular NFT marketplaces, such as OpenSea and Rarible.
The tech giant Salesforce is even running an NFT cloud pilot program that enables users to mint, sell and manage NFTs
These NFT business platforms provide a safe and secure environment for users to buy, sell, or trade NFTs.
Opening your own marketplace or developing NFT marketplace software is one of the best NFT business ideas in the industry.
Browsing NFT marketplaces is a great way to see some of the best NFT ideas in the NFT industry.
What Is NFT Art?
NFT art is a new and exciting type of digital art that allows artists to create unique, one-of-a-kind pieces that can be sold and traded online.
NFTs (non-fungible tokens) are virtual tokens that are stored on a blockchain, which is a decentralized ledger that records transactions.
When an NFT artist creates an NFT, they can specify how many copies of the work they want to create, and each copy will have a unique ID.
This ID can be used to track the provenance of the piece and verify that it is indeed an original work.
NFT art can be created using any digital medium, including 2D art, 3D art, video, and even audio. The sky’s the limit when it comes to creativity!
A new trend in the NFT space is AI NFT art. Using AI content generation tools and AI NFT generator tools artists can create digital art that is unique and interesting.
And, because the art is stored on the blockchain, it can be collected and traded like a traditional work of art.
For collectors, this means that they can own a piece of digital art that is truly one-of-a-kind. And for artists, it provides a new way to create and sell their work.
So far, AI NFT art has been very popular, with many famous artists and collectors embracing this new technology.
If you’re interested in creating your own NFT art, there are a few things you’ll need to get started.
First, you’ll need a digital Wallet to store your NFTs.
Second, you’ll need to create an account on a decentralized marketplace where you can buy, sell, or trade your NFTs.
Lastly, you’ll need to have some digital assets that you can use to create your NFT art. These assets could be anything from photographs to 3D models to audio files.
Once you have everything set up, you’re ready to start contributing to the NFT world!
Big names in the NFT art space like Beeple and Chris Morris are fetching millions of dollars for their digital artworks.
But who are the best NFT artists out there? Here are three names to watch out for in the world of NFTs.
Traces, is an LA-based artist who is best known for her ethereal and dreamlike landscapes.
Her work often features pastel colors and gentle curves, creating a sense of calm and serenity. In February 2021, one of her pieces sold for over $100,000 at an online auction.
$cryptoPunk, is an anonymous artist who creates 8-bit “pixelflex” images that often feature pop culture references.
His work is playful and irreverent, and his pieces have been sold for prices ranging from $30,000 to $600,000.
Finally, XCOPY, is a Chinese artist whose work focuses on social and political issues.
He often uses bright colors and bold patterns to make a statement, and his pieces have sold for upwards of $200,000.
Keep an eye out for these three artists – they’re sure to make waves in the world of NFTs.
Summary Of The NFT Space
The popularity of non-fungible tokens (NFTs) has exploded, with major sales of digital art and other items fetching millions of dollars. This has led to a surge in interest in NFTs as a business opportunity.
There are a number of different NFT business ideas, from developing your own platform to selling artwork or other collectibles.
However, it is important to have a clear understanding of the technology behind NFTs and build a strong community around your NFT business.
NFT applications are growing in popularity due to their ability to track and manage digital assets effectively.
Common use cases in the NFT space include online gaming, digital art, and collectibles.
The core applications of NFTs are to prove authenticity and ownership.
The NFT market has the potential to disrupt many industries by providing a more efficient way to manage digital assets.
As the NFT industry continues to grow, it is likely that new and innovative NFT applications and NFT ideas will emerge.