Our world is constantly evolving, and technology is a huge part of that.
The way we think about things and the way we do things are constantly changing with the times.
Whether it's using social media to connect with others, to brand your business or now with the evolution of Web 3.0 (NFTs) technology is always evolving and growing so that we can continue on with our daily lives.
Many people are anxious about the implications that this new technology will have, but there are also many benefits to be found as well.
There is no doubt that NFTs have already taken our attention and now they are slowly but surely changing the way we live our lives.
Those who are new to the concept of NFTs are digital assets stored on a blockchain and can be used to represent anything from artwork to in-game items.
While NFTs have been around for a few years now, they have only recently started to impact our lives.
The first and perhaps most obvious way in which NFTs are changing lives is by providing a new asset class for investment.
Whether digital or physical NFTs are being used in all aspects. And what leverages them is the UTILITIES.
Practically, everything now can be an NFT.
The way we interact with content is changing as well.
Artists and creatives are now able to mint their own NFTs, which allows them to directly sell their work to fans and followers.
This not only provides a new revenue stream for artists but also allows fans to support their favorite creators directly.
Over time, we expect that more and more content will be released as NFTs, which will change the way we consume and interact with media.
But NFTs are not just changing the way we invest and consume content; they are also changing the way we live our lives.
For example, there is now a growing trend of using NFTs to tokenize physical assets.
This allows people to own a piece of an asset that they previously could not afford, such as real estate or even a yacht.
These assets are now more affordable to the average person, but they can also be traded with other users securely and transparently.
To understand things simple let us take an example of those key cards used in the hotels.
Generally, card keys give access to your room in the hotel.
But there are hotels that allow the key to having access to swimming pools, or a gym as well.
Similarly, what if NFTs start giving access to multiple things.
NFTs can act as a key to enter a luxurious hotel room, give access to events, etc.
Let's take another perspective here as we know the JorrParivar characters are also based on animals and birds i.e. Loyal Puppy Dog, Happy Independent Billee, Hardworking Madhumakhi, Unique Practical Totaa, etc.
Now let's say you own a pet and say someday in JorrParivar if I collaborate with some pet food or pet store I might just give away the pet food for free or at a discounted price.
Or maybe if I ever collaborate with any zoo or any safari I might even give access to that to my hodlers.
After all, we also have Authentic Content Sher, Quick Energetic Cheetah, and others as our JorrParivar character (IP) and what could be a better way to recall those characters ;)
Let's dive a bit deep into the investment perspective and how one can start earning passive income if they hold NFTs.
Let's say if I bought a property as an investment, rented that out, and then the amount I get out of renting the property I might just distribute the rent amongst the top holders.
It's an infinite loop of possibilities. Previously if we buy let's say an expensive bag/purse undoubtedly it was a physical asset for us because we used to get the goods and with that a lifestyle upgrade or a thing to flex.
But what if that bag brand launched an NFT and as a utility, they don't just give physical assets (the bag) but also an invitation to their next store launch!
And well let's not forget the fact that you can anytime sell the token with a profit after receiving your utility.
What if tomorrow a comic book (series) is launched just like Harry Potter?
With the help of NFT, the author can create tokens and give them away to everyone who buys the book series.
And then whenever the author launches another set of books the existing holders can get those books for free!
We already have so many examples of the NFT projects which are like a part of our lifestyles.
Celebrity based NFTs
Sport NFTs (tokens with some epic sports moments)
Music NFTs
Membership based NFTs
Fashion NFTs
Gaming NFTs
and so much more!
And if you have noticed everything in this revolves around utilities.
I have come to a point in my NFT journey where I have realized the importance of 'utilities' as 'membership' 'access' 'and merchandise' within NFTs.
It's not just about art!
Sustainability is important in this space and will happen by providing meaningful UTILITIES.
The bottom line is that NFTs are already starting to make their mark on our lives, and we will continue to see them influence more aspects of how we live as time goes on.
If you want to be at the forefront of this change, it is important to start paying attention to NFTs now.
So why not try investing in some today and learn about them today!
I am so proud of all the upcoming executions which are going to happen inside the JorrParivar project.
SO MUCH EXCITING KINDS OF STUFFS IS ON ITS WAY!
Until everything is revealed let’s just sit back and enjoy the current utilities and keep educating and evolving ourselves!
OTHER NFT GUIDES:
My Web3 projects:
My NFT project:
https://jorrparivar.inBuy on OpenSea:
https://opensea.io/collection/jorrparivarJorrParivar RAP Anthem: #JorrAnthem
https://digitalpratik.com/jorranthem
My other Web2 accounts:
Apple Podcasts:
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The way you are executing is phenomenon in Indian space.
Let's JorrParivar be the pioneer of each n every start :)