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    What Are The 10 Different Types Of NFTs? 

    Nowadays, NFTs have become common knowledge. Almost everyone with internet access knows what an NFT is if they don’t already own one that is. But many of you may not know that there are different types of NFTs. There are ten different types of NFTs, to be exact, and they all differ when it comes to their roles in the community. Each NFT type has its own characteristics and rewards. Let’s dig in. 

    NFTs

    NFTs, or Non-Fungible Tokens, are a type of digital asset that showcases one’s ownership or proof of authenticity of a unique asset or piece of content. Such as artwork, music, videos, collectibles, and many more. NFTs differ from cryptocurrencies like Bitcoin or Ethereum, which are fungible and have the ability to be exchanged on a one-to-one basis. 

    10 Types Of NFTs 

    NFTs are now considered an excellent investment that people regularly promote and encourage. The NFT space is vast and branches out in multiple directions. Hence, why there are multiple types of NFTs, and each plays a specific role in the NFT algorithm. So, without further ado here are the 10 different types of NFTs: 

    pfp nfts

    1. PFP NFTs

    The first type of NFT is the PFPs NFTs, or Profile Picture NFTs are easily the most popular type of NFT in the market. Everyone knows this form of NFTs, and even when you look up NFTs on ‘Twitter’ a bunch of PFPs will appear on your feed. Some people use PFPs as digital avatars for profile pictures on social media platforms. 

    The PFP category has some of the most famous NFT collections ever! Like BAYC, Doodles, Crypto Punks, and many more! Even celebrities have gotten into the NFT game and some even have their own PFPs as their profile picture on social media.

     Some might think that displaying your PFP or owning a PFP NFT is just for bragging. But by owning some of these PFPs you get special utilities and access to exclusive NFT communities and events along with other perks like airdrops or other rewards. 

    gaming

    2. Gaming NFTs

    Gaming NFTs or P2E, play-to-earn games. These types of NFTs are very popular amongst gamers in the NFT community. The gaming NFTs allow players to own in-game assets like skins, weapons, characters, and more in the form of NFTs. 

    The owners can choose to trade these assets to earn financial rewards along with their pivotal role in the game itself. These NFTs are usually available on secondary NFT marketplaces such as Opensea. Some examples of these NFTs are Axie Infinity, Otherside Koda, and more! 

    collectibles

    3. Collectibles NFTs

    Collectible NFTs are basically the digital version of Sports Trading cards. Just like the real-world version the collectible NFTs share a varying degree of rarity making them sought after more between collectors. The collecting community joined the NFT world with amazing projects like NBA Top Shot and more!   

    photography

    4. Photography NFTs

    Photography NFTs are the type of NFTs that form a significant part of the NFT collections. These NFTs add a creative aspect to the community through the lenses of great photographers. 

    This type adds a link between real art and digital NFT art. Many established photographers joined the NFT world and have their own collections like Justin Aversano. And recently many companies have been selling old, never-seen-before, photos of artists such as The Beatles, and Rolling Stones as NFTs. 

    music

    5. Music NFTs

    The music industry can be a nightmare for some artists. With some not even getting their rightful revenues with all the labels and streaming services getting all the dough themselves. Now, with Music NFTs artists can upload their music as Non-fungible tokens and make sure they get what they deserve for their hard work. 

    Many artists joined the NFT bandwagon and are sure to give music and NFT fans what they spend their money on. Platforms such as OneOf, Royal, and Sound offer artists chances to sign up and start selling their music as NFTs. 

    utility

    6. Utility NFTs

    Many NFTs indeed hold utilities that link the owner with IRL rewards. But there is a type of NFT whose sole purpose is to offer utilities to its holders. Now, almost every NFT qualifies for this category as holders become members of an exclusive club like the Bored Apes Yacht Club. Utilities can come in many forms like memberships, entry to exclusive events, rewards, airdrops, and much more!

    generative art

    7. Generative Art NFTs

    Generative Art is a type of NFT that was modified via Ai, Artificial intelligence and sold as an NFT. So, we have the art NFTs which are mostly hand-drawn, and then there are the generative art NFTs which are made with artificial intelligence techniques. Also, works done by physical robots fall into this same category. Examples of Generative Art NFTs are the collections Art Blocks, AI Art is not Art by Claire Silver, and more. 

    event ticket

    8. Event Tickets NFTs

    As the NFT community expands usage of NFTs is also evolving and people are finding new ways to incorporate NFTs into their daily lives. And a peculiar usage of NFTs is as tickets for events. Ticketing NFTs allow the holders to use tokens as access passes to live and virtual events alike. 

    This differs from normal digital ticketing because these NFTs not only serve as entry tickets. But also act as a way for issuers to decree the exact number of attendees. This helps with future records and emails as well as giveaways. An example of these might be the Tribeca Film Festival and Woodstock Festival

    fashion

    9. Fashion NFTs

    Yes, even fashion has been integrated into the NFT ecosystem. Over the years many fashion companies have shown an interest in the NFT world. And some have even created pieces just like NFTs. Moreover, there was even a virtual fashion show held a while back. Famous brands hoped the trend such as Charles&Keith, Gucci, Adidas, and more. 

    domain names nfts

    10. Domain Names NFTs

    Domain names NFT have been playing a huge part in the NFT world even before the term “NFT” was established. Now, popular services like Ethereum Name Service and Unstoppable Domains have made it easier for people to purchase Domain names for their websites, wallets, NFTs, and other digital assets. Certain people claim and trade domain name NFTs on secondary markets. 

    So, what is your favorite type of NFT? 

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