The Current Uses and Untapped Potential of Non-Fungible Tokens
This IDC Market Perspective peels back the layer of hype around non-fungible tokens (NFTs) to determine its true purpose and potential as a digital asset as well as showcase the growing and innovative use cases in the financial industry and other industries."It is very easy to pigeonhole NFTs as simple collectibles, but we are currently only seeing the tip of the iceberg in terms of these digital assets. We are seeing more and more innovative use cases for NFTs, such as asset fractionalization, especially in the more developing markets, hinting at the untapped potential of this digital asset," says Abhishek Kumar, Associate Research Director, IDC Financial Insights.
Please Note: Extended description available upon request.
- Executive Snapshot
- New Market Developments and Dynamics
- Minting and Purchasing NFTs
- The Problem with NFTs
- The Uniqueness of NFTs
- NFT Ownership
- Vampire Attacks and Wash Trading
- Where Are the Regulations?
- Singapore
- China
- United States
- NFT Usage Today
- Marketing
- Music
- Banking
- Real Estate
- Financial Securities
- Social Impact
- The NFT Gatekeepers
- Advice for the Technology Supplier
- Learn More
- Related Research
- Synopsis
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