• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news
Crypto.com Logo
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
  • Spin & WinTry
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
  • Spin & WinTry
No Result
View All Result
NewsBTC
No Result
View All Result
Nexo Logo

NFTs Have Revolutionized Art, But the Metaverse is Propelling the Change

NewsBTC by NewsBTC
4 months ago
in Company News
Reading Time: 2 mins read
Advertisement

Since the dawn of time, art has been relatively subjective and yet one of the most prized possessions for humans. Whether they are paintings or sculptures, books or vinyl records, owning art as opposed to consuming art is viewed as astute and royal. Psychologically, it gives the owner a feeling of power to own a unique and rare art piece, and thus from exclusive painting exhibitions to limited book sales, people generally storm in with the hopes of getting involved.

For years, exhibitions have been an essential source of selling paintings or sculptures to the end-users. However, the new wave of digital transformation has changed the industry. NFTs or Non-Fungible Tokens have tied the crypto and art worlds together, allowing collectors ownership of digital art. NFTs work as a non-interchangeable unit of data stored on the blockchain. NFTs became a clear expansion of the industry, offering an adjunct to traditional art, thanks to its unique characteristic of transparency and ownership.

The latest advent of the metaverse has transformed how digital art, through NFTs can be traded and displayed. While NFTs started as digital art, combining it with the metaverse means NFTs now serve as a digital asset that can be displayed in virtual reality, such as virtual art galleries, museums, or even incorporated into the scenery of any virtual landscape. In addition to the aesthetic component, the smart contract functionalities of NFTs can also facilitate the sale of real estate in the metaverse. For instance, RTFKT – a shoemaker in the metaverse, has designed limited edition digital sneakers that can be worn virtually.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

The metaverse is a new world with endless possibilities, which means ownership of land is becoming more prevalent. Real estate in the metaverse opens a world of possibilities for entrepreneurs looking to expand their businesses, increase their network of customers, and showcase their products in a different manner. As more businesses are moving from traditional retail and e-commerce into the metaverse, ownership of property and land is becoming more and more important.

YUNOMETA is an eclectic collectible series of NFTs, a marketplace, and a virtual mall that provides users with an experience pioneering the e-commerce virtual revolution. To provide users with a seamless experience, YUNOMETA provides interoperability between various blockchains to help users explore, access, and share information easily.

The metaverse has allowed for true globalization of the art industry, and that change has created a domino effect, impacting several other creative industries, such as fashion, architecture, music, and entertainment. The combination of NFTs with the metaverse has propelled art into a new dimension with endless possibilities

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!
Tweet123Share196ShareSend
Win up to $1,000,000 in One Spin at CryptoSlots
NewsBTC

NewsBTC

Related Posts

CoinEx Charity Book Donation Worldwide: Over 10,000 Books for Children’s Dreams

CoinEx Charity Book Donation Worldwide: Over 10,000 Books for Children’s Dreams

7 hours ago
Six Years of Relentless Efforts: ViaBTC is Always on the Way

Six Years of Relentless Efforts: ViaBTC is Always on the Way

7 hours ago
Top 3 Web3 Coins to Watch in 2022

Top 3 Web3 Coins to Watch in 2022

7 hours ago
The DAOificaiton of Games: How and Why

The DAOificaiton of Games: How and Why

7 hours ago
5 Up-and-Coming DOGE Projects that Might be Worth Your Money

5 Up-and-Coming DOGE Projects that Might be Worth Your Money

2 days ago
Phemex Mobile App Offers First Class Crypto Trading Even When You’re On The Go

Phemex Mobile App Offers First Class Crypto Trading Even When You’re On The Go

2 days ago

Premium Partners

Top Brokers

PrimeXBT

PrimeXBT

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
7BitCasino

7BitCasino

Review · Visit
Punt Casino

Punt Casino

Review · Visit
Wildcoins Casino

Wildcoins Casino

Review · Visit
CryptoSlots

CryptoSlots

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bspin

Bspin

Review · Visit

Sportsbooks

1xBit

1xBit

Review · Visit

Interest-free Loan, New way of Assets Increase

May 26, 2022

Hoskinsea Partners with Pavia land to Setup A Virtual Headquater On The Metaverse

May 26, 2022

The first free and equal digital country – HyperNation global theme conference was held

May 26, 2022

HyperNation’s event launch sales on HITCHHIKER OF STAR (H.O.S) went out like wildfire

May 26, 2022

Metaverse Real Estate Sells For A Record $5,000,000 inside TCG World

May 26, 2022

ABOUT US

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Crypto Prices from Nomics

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2021 NewsBTC. All Rights Reserved.

  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play Games
  • Bet & Win
  • Spin & Win

© 2021 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.