Top NFT Trends of 2023 that NFT Gaming Development Companies Should Know
There are many NFT trends that are shaping the world of non-fungible tokens. Many artists have come forward and embraced NFTs and have earned a significant amount of money by displaying their work on digital canvases. NFTs are not limited to art, it has other utility functions like gaming, infrastructure, concert tickets, and more. Especially NFT Gaming Development has especially picked up pace because of its uniqueness.
Let’s see the top NFT trends
AI-Powered Intelligent Tokens (iNFTs)
Developed by the AI company Alethea AI, these are the first intelligent tokens. iNFTs have interactive and animation capabilities as they are embedded with a GPT-3 parameter- the deep learning tool enables machines to interact with people. For instance, in an NFT farming game, a digital farmer can inform the player to plough the land.
GameFi and NFTs
The cryptocurrency GameFi minimizes the gap between gaming and finance through NFTs. It leverages NFTs, blockchain, and cryptocurrencies to build an impeccable gaming environment. Here, players have to compete with other players, complete tasks to earn in-game rewards.
NFT Loan
Users can put NFTs as collateral, the borrower digitally locks NFTs to get money or crypto coins. NFTs are unlocked when the borrower pays back the loan and fulfills the loan’s conditions. NFTs are transferred into digital vaults and when the repayment is made, they are released.
Personality NFT
The goal of personality NFTs is to substitute real-life personality with a digital one- it represents identity. This way, people can find like-minded people when they share their personality over the internet. With the help of personality NFT, people can walk around the metaverse and talk to people who share common interests.
Final Words
These are some of the top NFT trends of 2023 of the fast-growing NFT market. Leverage these in your next project.
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