8 Super Exciting Trends in NFT That You Can't Miss In 2023.

The rise of NFT 

The rise of NFTs in recent years has been nothing short of meteoric. Likewise, in recent years, non-fungible tokens or NFTs, have increased in popularity.

NFTs have the potential to revolutionize the way we interact with the digital world. An NFT is a unique digital asset that cannot be replicated. NFTs have been used in various ways, from purchasing digital art to collectables and even gaming items. This has led to a boom! While the use cases for NFTs are still being explored, their potential is vast.

The future of NFTs is bright, poised to revolutionize how we interact with digital assets.

 

Does NFT have a future in 2023?

The NFT market is still in its early stages and is proliferating. In the past year, the total value of all NFTs has increased from around $100 million to over $41 billion.

Also, several major companies and organizations have begun to experiment with NFTs.

For example, the NBA has a partnership with Dapper Labs, and The ICC-Faze Digital Collectibles integration suggests significant interest in the technology from both the public and private sectors.

All of these factors suggest that NFTs could have a very bright future. However, it is essential to remember that predicting the future is always tricky, and it is possible that the technology will not live up to its potential.

 

NFT trends in 2023

Here are eight exciting NFT trends you should keep an eye on in 2023.

1. NFT Gaming

2. Avatars & NFTs

3. AI NFT or iNFT

4. NFT ticketing

5. NFT art

6. Health care and NFT

7. NFT and finance world

8. NFT fragmentation

 

NFT Gaming

These NFT games, sometimes called metaverses, are still in their early stages. Still, they are already gaining a lot of attraction, with some of the most popular games, like Axie Infinity, Blankos Block Party, and CryptoKitties, attracting millions of dollars in player spending.

One thing that makes NFT games so intriguing is that the traditional rules of game design do not limit them.

This has led to the development of some truly innovative games. One of them is Decentraland, a virtual world where players can buy, sell, or rent virtual land parcels using MANA, the native cryptocurrency of the platform.

 

Avatars and NFTs

As the world becomes increasingly digital, it is only a matter of time before digital avatars become a thing. And, as with most things in the digital world, these avatars are powered by blockchain technology.

CryptoPunks are one of the first and most famous examples of NFT avatars. Unfortunately, they were created back in 2017, and there are only 10,000 of them in existence.

But it's not just digital celebrities like Jay-Z, Snoop Dogg, and Odell Beckham Jr. who are getting in on the NFT avatar craze. Visa is now offering digital Visa cards that are powered by blockchain technology. And the Met Gala red carpet was graced by several NFT avatars this year.

Bored Ape Yacht Club is one of the latest companies to get into the NFT avatar game. They allow users to create and customize their avatars, which can then be used to interact with other users in a virtual world.

So what does the future hold for NFT avatars? Only time will tell. But one thing is for sure: they're here to stay.

 

AI NFTs

AI NFTs, or icons, are a new digital asset that uses artificial intelligence to generate unique, one-of-a-kind images or videos. Alethea AI and Alicia AI are two of the most popular platforms for creating AI NFTs.

Alethea AI is a platform that allows users to create and sell AI-generated images and videos. Alicia AI is a platform that allows users to create and sell AI-generated photos.

Created using GAN technology, these NFTs (Non-Fungible Tokens) are generated by algorithms that learn from and mimic the style of real-world artists.

AI-generated NFTs have the potential to democratize the art world, making them accessible to everyone, regardless of their background or budget.

So far, the response to AI-generated NFTs has been overwhelmingly positive, with Christie's auction house selling one for $69,300. This is a sure sign that the world of digital art is here to stay.

 

NFT Ticketing

NFT ticketing is a new way to buy and sell tickets powered by blockchain technology. With NFT ticketing, keys are stored on the blockchain as digital assets. This means tickets can be purchased, sold, and traded like any other digital asset.

One of the most popular NFT ticketing platforms is GET Protocol. GET Protocol is built on the Ethereum blockchain and uses the ERC-721 standard for NFTs.

Another popular NFT ticketing platform is Centaurify. It is built on the Stellar blockchain and uses the Stellar Lumens (XLM) token as its native currency.

Niels Henrik Sodemann – CEO and Co-founder of "Queue-it," is a big believer in the potential of NFTs, and he thinks that NFT ticketing is the future of the ticketing industry.

 

NFT art

NFT art is becoming increasingly popular, as evidenced by the recent sale of a Beeple artwork for $30 million. This is the highest price ever paid for an NFT artwork.

Another famous NFT artwork is Beeple's Everyday: The First 5000 Days.

The piece sold for a record-breaking $69 million at Christie's, making Beeple the third most expensive living artist after David Hockney and Jeff Koons.

Sotheby Metaverse is an online marketplace that allows users to buy, sell, or trade NFT art. The platform is home to various artists, including some of the world's most famous names. Artists who have created NFT artworks include Jeff Koons.

NFT art is still in its early days, but it's already impacting the art world.

 

Health care NFTs

The potential applications of NFTs in the health sector are vast. However, we are just beginning to scratch the surface of what is possible.

Aimedis is the world's first medical and scientific NFT marketplace. Aimedis is a decentralized platform allowing users to buy, sell or trade NFTs representing medical or scientific assets, such as research data, clinical trial results, or medical devices. So what are the benefits of Aimedis?

The main benefit of Aimedis is that it provides a marketplace for NFTs that represent medical and scientific assets. This will allow researchers, clinicians, and companies to buy, sell, or trade medical and scientific NFTs in a safe and secure environment.

Another start-up exploring the use of NFTs in health is Singapore-based Health Hero. Health Hero is developing a virtual health city called Health Hero Virtual City.

Health Hero Virtual City is a 3D online platform that allows users to explore different health scenarios. It is being developed to train health professionals, but the general public can also use it.

Health Hero is also working on a mobile app called Health Hero App. They believe that NFTs can potentially transform how we manage our health.

 

NFT and the finance world

In recent months, we've seen several high-profile companies enter the NFT market, including Visa Company. In early 2021, Visa announced a new pilot program to enable select businesses to issue NFTs.

This is just one example of how NFTs are being integrated into the mainstream financial world.

Another exciting application of NFTs in the financial world is their use to tokenize assets. One of the companies leading the charge in asset tokenization is zero, a subsidiary of Overstock.com.

tZERO has developed a platform that enables the tokenization of various assets, including real estate, art, and even fractional ownership of private jets.

Another notable example is the recent $30 million raise by the decentralized finance (DeFi) project yearn.finance.com.

As we can see, NFTs play an increasingly important role in finance and payments. This trend will likely continue in the months and years ahead as more companies enter the NFT market and explore the various applications of NFTs.

 

NFT Fragments

NFT fragmentation is the process of breaking up an NFT into smaller pieces. This can be done for various reasons, such as to sell off parts of an NFT that are no longer needed or to make an NFT more manageable for someone who only needs a small portion of it.

One high-profile example of NFT fragmentation occurred when the Doge meme was bought as an NFT for $4 million. The new owner decided to break up the NFT into smaller pieces and sell them off, netting a profit.

Regardless of your reason for fragmenting an NFT, carefully weigh the pros and cons before proceeding. Then, make the most of this unique opportunity with planning and forethought.

 

Conclusion

NFTs are the future of digital collectables and will continue to grow in popularity in the coming years. 2023 is shaping up to be a big year for NFTs, with new platforms and applications being developed and adopted by businesses and individuals alike. So keep an eye out for these exciting trends in the world of NFTs!