Case studies on how NFT helps traditional business development (1)
NFT has the potential to revolutionize traditional business models by providing new ways to monetize digital assets and creating new revenue streams.
1. Art and collectibles: NFTs provide new opportunities for artists and creators to monetize by selling unique digital versions of their artworks. For example, digital artist Beeple sold an NFT of one of his digital artworks for $69 million in March 2021, making it the most expensive NFT ever sold.
2. Music industry: Musicians can now use NFT to sell exclusive digital experiences, such as meet-and-greets, behind-the-scenes footage, and more. For example, in 2021, Kings of Leon sold an NFT album that included exclusive behind-the-scenes footage and other digital experiences. #NFT