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NFTs (Non-Fungible Tokens) have taken the crypto currency circuit by storm over the course of the past twelve months with there now being thousands of available options for tech consumers to purchase and select from across all active marketplaces.
The fundamentals surrounding NFTs are that these are various forms of arts and assets that cannot be replicated by any other creator once listed on the market, with most NFTs often coming in the form of pictures, video formats, photos, games or available IT software.
These have become majorly popular across the past few years with more consumers now often purchasing these assets across any available NFT marketplace.
Many popular athletes or celebrities have now often showcased their immense passion and interest in the NFT circuit by often posting their latest crypto-based endeavor/release across various forms of media to their wide number of followers which have only further increased the demand for future NFT production.
Given that there is a wide listing of products to select from, most artists/consumers may be interested in sighting out the various differentiating tokens that are now readily available for purchase, which includes several notable additions that can be catered to various leisure activities during everyday life.
These are some of the different types of NFTs to view on a marketplace:
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Various pieces of art:
The most common type of NFT that most consumers will often browse on most marketplaces includes the numerous art formats and pictures that are featured with arguably the most popular assets including the increasingly high in demand ‘Bored Ape Yacht Club’.
These are incredibly expensive pieces of art that aim to showcase their artists overall creativity and unique take on some of the latest trends that are ongoing in the real world, with most of these art pieces now often being listed for display in various art exhibits across the world.
Video art can also be added as an inclusion to these types of tokens which includes short videos and GIFs, all of whom have become mainstays across any active NFT marketplace, such as a strange depiction of Donald Trump called ‘Crossroad’ with the ten second video loop selling for a whopping total of $6.6 million.
These assets are high in demand for various reasons, and as such, are the most popular and widely viewed forms of NFTs that are so often purchased by any notable crypto consumer.
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Video and Photos based on real-life events:
These types of tokens are often attributed to high profile outings featuring popular athletes in sporting contests or celebrities in their active profession.
One of the most valuable pieces of an NFT image based on sports includes a $21.6 million statue of LeBron James which featured the legendary basketball star scoring during a tomahawk dunk pose.
The image has officially been branded a sport NFT with the photo itself being worth $555 when it was sold by the NFT photographer Gabriel Di Sante.
Other notable pieces of this make include the Jermall Charlo: Lions only Gold Ultimate which is a $19.1 million NFT signed card from boxer Jermall Charlo’s WBC World Middleweight championship bout against Dennis Hogan back in 2019 as well as Michael Jordan’s SportPunk crypto NFT art which is worth an approximate amount of $5.06 million with this being an art form that is reminiscent of the popular crypto punks format.
These types of NFTs have spanned all across various forms of media which includes the sporting world and also pop culture, which has further allowed the demand to continue to rise for such NFT-related products.
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Gaming items:
One form of NFTs that have also seen their stock and demand rise in recent years includes the always popular video gaming software that has now spanned across various forms of technological devices.
Rather than selling individual titles, NFT artists or companies are selling different versions of in-gaming content that players can purchase with some of the most common types including skins for their characters and any related gadgets they provide, unique unlockable items within different titles as well as varying other amenities that players can buy using the in-game shop that most titles provide.
This is an alternative concept that most gaming developers have looked to implement into their various titles as a means to avoid placing loot boxes or other ‘gambling’ related services within their games, with DLC (Downloadable Content) also being classed as an added bonus provided by most NFTs within the online gaming industry.
NFTs can branch off into various forms of media that almost individual may view on a regular occurrence throughout everyday life, with these listings above being some of the many focal points that have established such assets as hot commodities in the crypto market and one whose hype does not show any sign of slowing down.
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