Are you new to this NFT world or a seasoned NFT collector? Well, this post will cover the 6 NFT types you must know about! These are art, collectibles, music, video games, membership passes, and domain names.
It is no surprise that art is the most popular category of NFTs out here. NFT art is essentially a piece of artwork that has been turned into an NFT. Some examples of NFT art are:
- Nifty Ghost Collection – A digital art collection by Gucci Ghost(https://oceandrive.com/gucci-ghost) which consists of 30 unique digital art pieces that sold out in 12 seconds.
- Everydays: The First 5000 Days – A digital work of art created by Mike Winkelmann that consists of 5000 digital images. The NFTs sold for $69.3 million making it the most expensive digital art.
- 99 Originals – A collection of 99 one-of-a-kind original NFTs created by Logan Paul during 99 consecutive days.
When it comes to NFT collectibles they have also been around for a long time. However, NFT collectibles usually represent big moments in sports, in someone’s life as well as in historical events. All in all, collectibles have one ultimate purpose – to be collected. Another way to think of NFT collectibles is Pokémon Cards, sports trading cards, and sneakers in a digitalized form. Some examples of NFT collectibles are:
- Trump Digital Trading Cards – A collection of digital limited edition trading cards featuring Donald Trump’s life.
- Bored Ape Yacht Club – A collection of 10000 unique Bored Ape NFTs
- NBA Top Shop – A series of officially licensed digital collectibles on the FLOW blockchain.
- Meebits – A collection of 20000 collectible 3D characters.
Music and NFTs are a rather new combination. By combining music and NFTs artists can sell their albums on NFT marketplaces before releasing them on traditional platforms like Spotify and SoundCloud. Some examples of NFT music are:
- When It’s Dark – An NFT album by Tory Lanez. The NFT album sold one million copies within a minute.
- While You See Yourself – An NFT album by Kings of Leon that raised $1.4 million according to CryptoBriefing.
This category includes games that use NFTs as core functionality in their games such as Axie Infinity and Illuvium. Illuvium, for example, uses NFTs to sell weapons, armor, and land to name a few. Some examples of NFT video games are:
- Illuvium – A NFT open-world play-to-earn RPG video game built on the Ethereum network.
- Axie Infinity – A NFT video game in which players purchase creatures to fight each other.
- CryptoKitties – A NFT video game in which players breed, purchase, collect and sell virtual cats.
A membership pass is held by a club, organization, or society member. The purpose of the pass is to be able to verify the member’s membership. This means that a membership pass can get you into exclusive areas. An NFT membership also has the same functionality but is digitalized. An NFT membership can give you access to services, special events, and content. Some examples of NFT membership passes are:
- RECUR Pass – A NFT membership pass that grants access to some of the biggest IP experiences in pop cultures such as HELLO KITTY and RUGRATS.
- PREMINT Collector Pass – A NFT membership pass that grants you access to an evolving collector dashboard amongst other features.
- 0xOG Pass – A NFT membership pass that allows you to enter the private mint for all 0xStudio NFT projects.
NFT domain names are blockchain-based addresses that allow users to access decentralized applications or websites. The reason why NFT domains are good is that the addresses are unique and stored on a public blockchain. This results in the owner having full control over them. NFT domain names are also often used as convenient, memorable Web3 wallet addresses.