Linking NFTs to Physical Objects You are far Spain Phone Number from too late to get into NFTs. Yet it sometimes feels that way. In 2019 Nike already applied for a patent for ‘Cryptokicks’ . They use this to link physical Nike shoes to a cryptographic key. This way you can track the ownership of your Nikies and at the same time work on Spain Phone Number authenticity. Credits: US Patent Office Credits: US Patent Office I have to admit that this strategy may be less interesting for most companies. You probably don’t want to burden your customers with crypto wallets and digital keys. Still, this is worth considering. Linking an NFT to a Spain Phone Number physical product can add value to the physical items. It makes it possible to trace the previous owners.

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Think how interesting a thrift store Spain Phone Number would be if you could do this? I know. It all sounds unnecessary and perhaps extremely capitalistic. You just have to be able to realize that the value of almost every part is determined socially. There is a reason that Louis Vuitton scarves are sold for thousands of dollars People Spain Phone Number give it that value because they want to become part of the story that the brand has created. By being able to show that a shoe is an actual Nike Official, it has extra value. By being able to show that you have the number 1 of the entire Nike collection, or for example number ’69’, you create Spain Phone Number extra value. And by being able to prove that your pair of Nikies have ever been worn by.

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Ronnie Flex, you create extra Spain Phone Number value. And so on. 4. NFTs for the Metaverse We take a short dive into the metaverse. The virtual world where more and more people come together for concerts or business meetings. I really mean that. For example, I recently walked into the metaverse for a networking event for blockchain Spain Phone Number enthusiasts. The metaverse will have a major impact on our society. At least, that’s what it seems like now that more and more people are entering the space. You now have a fashion Spain Phone Number design agency that produces nothing more than virtual clothing .

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