As I've been following the latest developments in the crypto sector, especially looking at this article, one thing that hasn't slipped my attention is the market potential that art NFTs represent. There are vast possibilities that could be made with NFT like movies, music, comics with actual story. Even document verification, tickets, IPs, fraud prevention, and land titles.
Artists currently also have a plethora of options for selling their work. They have the option of selling their original work or producing prints. This is fantastic for monetizing their artwork, but there is one drawback: you can't commercialize your art in the digital world. Yes, there are many ways to support an artist, but NFTs represent the future of possessing an artist's original, hardcopy.
With that considered, most of the projects I've come across seem to be focusing on short game NFTs rather than trying to look into much larger opportunities NFTs can offer.
I don't intend to discount such, and I understand that's how technology works: it starts with a basic use case to establish itself before being adopted by larger markets.
What do you guys think? I like to hear your favorite projects in NFT and the potential of the NFT market.