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What Are Other uses for NFTs

While the most popular—and expensive—NFT projects thus far are for visual art, there are many other use cases.

NFT owners will get access to the restaurant and various culinary, cultural, and social experiences. Not only that, they will be able to sell their access to other people who want to make a reservation. An event could create NFT-based digital tickets with beautiful commissioned artwork on each one.10 Feb 2022

We’re already seeing music NFTs gain in popularity. Jonathan Mann, who has been recording a new song each day for over 4,700 days in a row, is selling his video as NFTs. The popular band Kings of Leon sold lifetime access to VIP seats at their concerts. And musicians are doing this all while maintaining the rights to their own music.

NFTs can also be used to grant special access to online communities. Kevin Rose, the well-known investor and podcaster, recently sold 1,000 NFTs that gave owners access to his PROOF Collective community, a token-gated Discord group for serious NFT investors. Similarly, Invisible College, a learning organization I’m working on for crypto and web-curious builders and creators, is launching a collection of 10,000 NFTs called Decentraliens that will grant lifetime access to courses, events, programming, and the learning community.

Flyfish Club, founded by serial entrepreneur Gary Vaynerchuk, is a private dining club at a new sushi restaurant being built in New York City. NFT owners will get access to the restaurant and various culinary, cultural, and social experiences. Not only that, they will be able to sell their access to other people who want to make a reservation.

An event could create NFT-based digital tickets with beautiful commissioned artwork on each one. Instead of pinning them to a corkboard to display them in their house, fans could show them off as part of their online identities and prove that they were there. And depending on the event, they could even be sold to collectors, thus sending royalties that are split with both the event coordinator and the artist. Imagine if Arnold Skolnick, the designer who created the iconic art for the original Woodstock concert was still getting royalties for that work to this day.

The more you descend into the NFT rabbit hole, the more you realize how impactful they can be, especially as our lives become more and more tied to our online identities.

The future of NFTs

Like any new technology, it’s impossible to predict all the ways developers, creators, and businesses will utilize NFTs and their innovative underlying smart contracts.

We will almost certainly see NFTs used for tracking ownership of things like real estate, college degrees, professional licenses, event tickets, and countless other contracts that currently live on pieces of paper. All of those will take time to come to fruition. And in some cases, most people might not even know NFT technology is being used for them.

Ultimately, the limit to what is possible with NFTs is up to our imagination

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Malaysia Forex Brokers Review: FX Access

If you google online, you can find so many forex brokers reviews in Malaysia. Forex broker is not an alien thing anymore. The human species nowadays is constantly bringing new things like new careers, new inventions, and more. Being a forex broker is one of the topics that people are talking about right now. Some people tried it and succeed, while others, not so lucky. Like every other job, becoming a forex broker does come with requirements of some skills for you to actually succeed. But, to be exact, all the trading and broker has already existed in the history lane once ago.

It does not pop up like network marketing. The history of currency trading started with the Greeks and Egyptians. They are among the first who started it. They trade silver and gold coins. By using the weight and sizes, they determined their value. Then during the Middle Ages, copper becomes the most used element for minting coins. Then the world’s oldest bank, Monte Dei Paschi was built around that time. Then the first forex existed about 500 years ago. Then the free trade currency started to happen. In 1875, the Gold Standart was established with the purpose of guaranteeing the value of a currency.  By 1913, trading firms started to grow in London. At that time, half of all the Forex transactions are in Pound Sterling. In 2013, the Pound Sterling was the 4th most traded currency in the world. The other three were the US-Dollar, the EURO, and the Japanese Yen and now, the Forex market is the largest market worldwide. 

malaysia forex brokers review

As for now, there is a lot of forex brokers review in Malaysia, though the visibility is not as powerful as now. Many have started to see the potential of forex brokers in Malaysia. People slowly stepping into the FX world. But be aware as being a forex broker does require you to learn and be well-equipped with important skill sets. Without the right skill and mindset, you will not go anywhere. The game in forex trading is face-paced, full of high-risk investments. Hence, making a profit is not as easy as it seems, yet it does not make it impossible. In Malaysia, there are some that are a bit skeptical about the authentication of the forex broker. 

This is why FX Access is here to help you. They already formed a list of the forex broker reviews in Malaysia. They are among the best and more than capable to help you step into the door into the world of foreign exchange. Not only they will help you with financial security but also help you achieve wealth. There are some people who are scared to even begin. If you have zero experience in forex trading, it is not a big problem. It is never too late to start. Many of FX Access brokers started as just beginner and now they are professional and ready to help other like you thrive and succeed. Remember, there is no room for fear if you want to achieve triumph. FX Access, not only the place of forex brokers review in Malaysia but also your platform to thrive in the FX world.  Be better with FX Access.