A lot of people just aren’t very familiar with NFT’s, let alone cryptocurrency and the blockchain in general.
So these kinds of new businesses often face an uphill battle in trying to educate people on how these high-tech forms of finance work.
The popularity of NFT’s
Despite the fact that a lot of people don’t know what the acronym stands for, NFT’s are still popular. People see them being promoted by their favorite celebrities and athletes and gravitate toward this area of the blockchain where they might have zero interest in checking out cryptocurrencies that they see as basically just forms of digital money.
We work on the innovation that powers NFT technologies and systems, and we see this becoming super popular with a younger audience and people of higher net worth in particular. People are getting on board the NFT train early!
Digital Art Resources
One of the best use cases for NFT’s is to tie digital art to a technical asset for IP.
Although some artists transmit the IP with the NFT and some don’t, either way you have a vehicle for valuing and owning digital artwork.
There’s also the analysis of rarity within an NFT collection, which is also a popular part of modern analysis. Take the Bored Ape collection, for example, where you have rarer be NFT’s with unique features. This is going to help guide the market for that individual NFT in the future. There’s a whole system for rarity valuation that is catching on, as more people contemplate getting involved in NFT’s as a brand new asset class.
Promoting Better Outreach
For a lot more on what how we work and what we are doing with NFT’s, come on over to our Discord channel. Discord is becoming a new way to look at social media – something that’s more technical and geared toward a technical audience than some of the big names in short form social media that are already saturating the user base, people of all ages and a lot of people that have no real interest in the digital world at large.
Instead, our Discord is a place where people talk about these new assets a lot, and direct their energy toward exploitation of all of the things that NFT’s and blockchains represent. Arsenal is on the vanguard of the NFT world, and excited about going further! Be a part of that change in a community that cares about evolving blockchain assets.