Five New Frontiers for NFTs

5. Financialization of NFTs

-LinkedIn of NFTs: As we earn non-transferrable NFT “badges” through past actions like attending events, voting in DAOs, or providing liquidity in defi, social media platforms will develop based on the badges we accrue. We may see the LinkedIn of NFTs where our resumes are simply visual reputation display spaces that show past contributions. People... See more

-Communities will reward NFTs based on contributions: NFTs may be given to community members based on their contributions. For example, specific NFTs may be awarded to the community member most active in governance, the top code contributors, or community members most active in the comments, etc.

Prediction:

People will earn non-transferrable NFTs like “badges” based on actions they’ve taken. The NFTs that people own will be a unique fingerprint that identifies them based on their past activities. This reputation history will be used as an on-chain identity to unlock new opportunities.

3. On-Chain Reputation & Identity

NFT Remixing: Fans can take NFT music, art, videos, fiction, and more and “remix” them to create new NFTs while giving royalties back to the original creators.

Fans will no longer be passive consumers. The biggest fans will be part of the creation process.

2. Co-creation & Collaborative Ownership

-Shopify for NFTs: Current NFT minting platforms follow the Amazon model and highlight products, not creators. New NFT platforms may follow a creator-forward model that allow creators to make their own branded stores to sell NFTs.