NFT fading away. The beginning of tokenisation adoption.
In the ever-expanding realm of blockchain technology, terms like NFTs and tokenization have emerged as powerful disruptors. However, there exists a shift in perception, spearheaded by thought leaders like Edward Lee, who argues that the term “NFT” may fade away, making room for the broader concept of tokenization. This article aims to take you on a captivating journey through the story of blockchain, the challenges faced, the adoption of tokenization, and the revolutionary solution it presents. Along the way, let’s get to know one of the adventurous and visionary professionals that dared to take a dive into the technology and collect the necessary expertise to help more in the exploration and adoption. That is the case of Carol Zurita, who is a visionary professional in Web3 for over seven years and a three-time published author and her upcoming book that shares 20 effective tactics for Web 3 startups to thrive.
Now, let’s take us back to emerge of Blockchain, the underlying technology behind cryptocurrencies, coming as a groundbreaking innovation. It promised transparency, security, and decentralization, aiming to disrupt traditional systems across industries. Initially, attention was focused on cryptocurrencies like Bitcoin, but the true potential of blockchain lay in its ability to tokenize real-world assets.
As the blockchain ecosystem expanded, Non-Fungible Tokens (NFTs) captured the limelight. NFTs revolutionized the art and entertainment sectors by enabling the digital representation of unique assets. However, the term “NFT” confined the technology to a narrow scope, limiting its potential impact on other industries. This challenge gave rise to the need for a broader and more inclusive framework: tokenization.
Tokenization, as advocated by Edward Lee, provides the key to unlocking the vast potential of blockchain technology. It encompasses the representation of both real-world and digital assets as blockchain-based tokens. The magic of tokenization lies in its ability to divide assets into fractional units, increasing accessibility, and liquidity, and democratizing ownership.
Businesses across various industries embraced tokenization to revolutionize their operations. In the real estate sector, tokenization enabled fractional ownership, making it possible for smaller investors to access lucrative opportunities. Intellectual property rights found a new dimension with tokenization, allowing creators to protect their work and monetize it effectively. Supply chain management was transformed as blockchain-based tokens ensured transparency, traceability, and authenticity.
Integrating the power of artificial intelligence (AI) with NFTs, Intelligent Non-Fungible Tokens (iNFTs) emerged as the solution to elevate the functionality and value of digital assets. Through AI algorithms, iNFTs brought dynamic content generation, AI-driven provenance and authenticity verification, and intelligent collectibles and gaming assets. This convergence of AI and blockchain technology propelled the industry forward, fostering new possibilities for creators, collectors, and businesses alike.
Within this thriving ecosystem, Carol Zurita emerges as a seasoned professional with extensive experience in crypto trading platforms, derivatives, and NFTs. Her unparalleled knowledge and expertise have propelled her to the forefront of the Web 3 space. Carol‘s upcoming book, “20 Effective Tactics for Web3 Startups,” serves as a beacon of wisdom for those seeking to navigate the ever-evolving landscape successfully.
Only a limited number of free copies will be given away. Everyone is welcome to claim a copy in the next 30 days. To get yours email info@thenextgenbiz.com with the subject 20 effective tactics for Web3 Startups.
Conclusion: Tokenization has redefined the concept of digital assets, transcending the boundaries of art and entertainment. With tokenization at its core, blockchain technology has empowered industries, reshaping real estate, intellectual property, and supply chain management. The amalgamation of AI and NFTs in the form of iNFTs has opened new avenues for personalization, provenance, and interactivity. As we look to the future, we find inspiration in the expertise of trailblazers like Carol Zurita, who illuminates the path to success for Web3 startups. Brace yourself for the dawn of a new era where tokenization reigns supreme, empowering individuals and businesses to unlock the true potential of their digital assets.
