Technology is taking over many aspects of our lives, including how we give gifts to our loved ones; most people prefer digital presents over physical gifts.
For instance, many people would prefer you give time a full Netflix subscription for a whole year rather than take them to a cinema. This is to show you the rate of technological influence on human lives. Even when it comes to money, many people would prefer you to give them crypto gifts or digital assets rather than physical money.
Brace up as you will learn why NFTs might make the best Christmas present for your loved ones and colleagues this year.
NFTs are non-fungible tokens, meaning that one person can only own them at a time and can’t be easily manipulated. NFTs can’t be easily manipulated because their creation lies on the blockchain, and one of the features of the blockchain is it can’t be corrupted.
NFTs are digital representations of art, so they use blockchain technology to represent art that one has seen physically. It is also a digital asset because NFTs can be sold to make money; millions of dollars have been made from the buying and selling of NFTs.
Below are reasons you might consider getting an NFT for your colleague, friend, family member, or even yourself this Christmas.
If your friend, colleague, or family member loves any form of art, then getting an NFT for them might make a perfect Christmas gift. One of the best things about NFTs is that you admire their beauty and still have the benefit of making thousands from selling them.
Since the hype around NFTs increased, many digital creators and even those very new to the crypto industry have made thousands of dollars off non-fungible tokens.
So getting an NFT for a friend this Christmas is the best way to introduce them to make investments in the crypto industry. It can cost as low as $0 to make an NFT, and then you can sell them off for thousands of dollars.
NFTs are unique, meaning that you can tailor an NFT to meet the taste of the person you want to give it to; it does not matter if the person is a sports or abstract art lover. NFTs are non-fungible, so only one person can have ownership within any period; this makes the gift receiver more special.
Since NFTs can be made from any digital file, such as videos and photos, different categories of NFTs depend on whatever someone likes. For instance, if someone likes cats or dogs, you can easily get NFTs in the feline category. Even if the person is a nerd, there are NFTs specifically for those who are always hooked on their computer.
The rate at which technology is growing is mind-blowing, and the new kid in the world of technology is the metaverse. The metaverse represents the virtual world, and the technology is made possible using augmented and virtual reality.
If you have a friend or loved one interested in MMORPG games, then NFT is the best gift item you can give them this Christmas. It even gets better if the NFT is rare; note that NFTs which are rare to find are more valuable than those that are common.
Even if the person doesn’t know the metaverse, presenting them with an NFT in the metaverse might be the perfect way to get them started in this digital world. For games such as The Sandbox, you can buy them an NFT which can serve as an asset in the game whenever they are playing.
Despite the downtime the crypto industry has been facing recently, it is still considered the future of financial institutions worldwide because of its benefits. The rate of crypto adoption is growing so fast that more people are getting aware of what the industry is all about.
This Christmas, giving your family or friends an NFT is the best way to introduce them to the crypto industry. Remember that to make use of NFTs, you need to know how to make use of basic things such as crypto wallets and the NFT marketplace. You can guide your friend or family member on how to create a crypto wallet, fund and link it to a marketplace, and mint NFTs at the marketplace.
Learning things like this will help your loved ones to keep up with the pace of technology in the financial sector. Many companies are already integrating crypto payment into their services, and it always feels good to be part of those with knowledge of crypto.
There’s another perceptive to why NFTs might be the best Christmas gift this year; you can buy NFTs from a friend or family member who is a digital creator.
It is not always easy for those creating art online; it takes a lot of hard work to create a digital representation of art, and it is even harder to sell. So buying an NFT this Christmas might be the best present as it will help support your loved ones in creating digital art.
Non-fungible tokens can serve as the perfect gift you may give to a loved one this Christmas; there are many reasons why this is possible.
NFTs are digital arts that can serve as a huge investment opportunity; it also gives options for personalization, and they can be the best way to introduce someone to crypto.