Five ‘NFT Like’ Things You May Already Own
Do you own an NFT? Believe it or not, you probably already own something very similar. Value being predicated on tangibility is a thing of the past. Below are five things you probably own or want to own that are similar to NFTs.
1. Followers on Social Media
Are you tracking the number of people looking at your Instagram stories? Trying to either get more followers or expand your online presence? These things are online assets that are intangible, only have value in the eyes of the beholder, and cannot be exchanged for an equal asset.
2. Twitter Verification
Do you have or desire to have a blue checkmark on Twitter? This is one of the most valuable assets of the internet, and can validate your online presence. With value only given and backed by those in the community, the blue check mark is the NFT of Twitter.
3. Video Game Products
Games like Call of Duty, Fortnite, and the 2K series offer all types of digital purchases that can enhance the game experience, so much so that those that spend real money on virtual items can have a competitive advantage. These can be bought with real cash, earned through gameplay, or traded for other in-game assets. If you have the best cards or coolest clothing on your virtual character, that earns players big time legitimacy in the gaming world.
4. Area Codes
In major cities like New York, area codes have a prestigious nature about them. Don’t be caught with a 845 or 201 area code if you’re trying to look like a legitimate New Yorker.
Much like digital art, some pieces are much more prestigious than others. Just like if I ask you if you’re iPhone or Android, I could ask you if you’re a Bored Ape or Cryptopunk. The blue messages that come with iMessaging are a big builder of iPhone’s value, and perception of its users, just like the value of the brands certain types of NFTs stem from. If your texts are green on IOS, many iPhone users will think differently of you. This same concept applies to the NFT sects.Last modified: December 10, 2021
Adam Zaki was a Reporter at deBanked.