“Why NFTs” – A list of use cases

Marc Baumann
Jan 19, 2023
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NFTs enable: 

  • Digital ownership 

  • Transferability

  • Permanent data storage

Use cases for brands & creators: 

  • Community building

  • Co-creation

  • Verifiability & provenance (e.g. for watches)

  • Monetization of IP

  • Verifiable rarity (e.g. limited collections)

  • Loyalty 

Use cases for users: 

  • Collect rarity 

  • Utility in an ecosystem (e.g. virtual land; coupons; loyalty points; etc.)

  • …

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