nft marketing in Malaysia

 

You must have been seeing the term NFT everywhere right? If you are searching for nft marketing in Malaysia, you have landed at the right place. Before we dive in more into this topic, you should know what NFT actually means.

NFT stands for non-fungible token, just like its name, it has its own significant uniqueness and cannot be traded or exchanged. 

Different Types of NFTs You Can Explore

There are plenty of different types of NFTs that you could easily spot, especially on social media. These are the most famous ones you might have heard of:

  • Artworksnft marketing in Malaysia

This is the most popular type of NFTs among them all, which is NFT artworks. This NFT would normally stand as the best selling NFT.  Although all kinds of NFTs exist only in the digital universe or online, many people are so invested in NFTs especially the artworks. Even though they cannot be touched, most buyers appreciate the sentimental values of the arts. In fact, even a meme’s original picture called “Disaster Girl”, was sold for $500k. Other than that, the most valuable NFT was sold for $69 million. Yes! $69 million! The art by Beeple is called “EVERYDAY’S: THE FIRST 5000 DAYS”. This proves how far people could go just for these arts.

  • Video Games

Normally, what we would see in games are the choices of characters, and some limited features. Developers and companies wouldn’t sell the whole game as an NFT, but instead they would sell in-game contents. The contents are what you would normally encounter in a game such as characters, skins and other special items or limited items/. 

  • The Media and Music

Next is one of the most significant industries especially in the entertainment industry, the media and music. You might be wondering, is there anyone who is willing to buy the music you can already listen to. The answer is of course there is. In fact, there are quite a number of people who are interested in this type of NFT. The most important and interesting benefit from the media and music NFTs is they allow musicians, as well as the producers to gain profit from them. Hence why there are so many musicians and those who are in this industry are trying out this method.

  • Trading Cards and Collectible Itemsnft marketing in Malaysia

You might have heard of limited edition baseball cards that are worth thousands of dollars. For instance, the 1911 American Tobacco Company card of Honus Wagner. In August 2021, it was sold for $6.606 million, making it the most valuable baseball card. Well, you can think of NFTs as digital trading cards. It is just the same, it remains the value and some even sell these items for millions of dollars. As for collectibles, the famous Cryptokitties is one of the examples of NFT collectibles. 

  • Event Tickets

This is one of the most interesting NFTs ever. Event tickets can also be utilised as a form of NFT. Concerts and music festivals organisers especially should make good use of one selected blockchain in order to mint a specific number of  NFT tickets available. With the tickets, customers are able to attend the events and verify their identity. They can easily purchase the tickets through an auction and later keep them in their wallets through their mobile devices for a convenient accessibility. 

These are a few types of NFTs that are available in the cryptocurrency world. There are more to learn but bear in mind that everything comes with at least one consequence. It is you who have to face it one day, hence why you should always think thoroughly before making a decision.