Five New Frontiers for NFTs

-Jack Butcher created an NFT that shares its revenue with everyone who has supported his previous NFTs.

-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:

-We'll see a Decentralized Patreon: Creators will use NFTs and social tokens to create an economy around their communities.

-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.

2. Co-creation & Collaborative Ownership

-Rewarding early supporters with exclusive access to content: 3LAU gives his users exclusive access to unreleased songs or new opportunities to engage with him. To qualify to purchase some of the pieces in 3LAU’s latest sale, users need to own previous 3LAU NFTs.

5. Financialization of NFTs

Examples today:

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