While many still associate NFTs (Non-Fungible Tokens) with expensive digital art, their utility is rapidly evolving beyond simple collectibles. This “NFT 2.0” wave is unlocking real-world applications across multiple industries.
In gaming, NFTs provide true, verifiable ownership of in-game items like skins and weapons, allowing players to create their own economies by buying, selling, or trading assets. In identity, they are being used to create decentralized digital IDs, such as NFT diplomas or digital passports. The technology is also reshaping finance by tokenizing real-world assets like real estate for fractional ownership, and transforming event ticketing into fraud-proof passes that can unlock exclusive perks like backstage access.