Types of NFTs You Need to Know, Let's Check It Out!

There are various types of NFT or Non-Fungible Tokens. There are many forms of NFT that you may not know about.

For this reason, this time we will discuss more about the types of NFTs that exist in the marketplace. So, we can choose to buy and also sell the products we want more easily.

Current technological developments allow us to introduce works, sell and even buy them without distance and time limits. One of them is through NFT.

We all know that NFTs are unique digital assets whose ownership is recorded and verified on the blockchain.

The existence of NFTs does not only provide benefits for creators. However, it can also benefit investors.

However, like any other risky investment, it is also possible for the NFT price to decrease.

Also read: Note! These are the terms in NFT that you should know

Types of NFTs You Need to Know

The word NFT is certainly not the first time you've heard it. Moreover, with the emergence of the 'Ghozali Everywhere' phenomenon some time ago.

Ghozali, a young man from Semarang, Indonesia, managed to sell his selfies throughout 2017-2021 on OpenSea, one of the largest NFT marketplaces.

Behind the NFT, there are also other types that we need to know about. Because there are a number of types of NFTs that can be found easily on the NFT marketplace. Let's see!

NFT Art

The first type is NFT Art. This type of NFT is widely found and popular in the NFT marketplace. Apart from that, there are also many artists who make NFT Art for sale.

There are several NFT Art that are sold at fantastic prices. Among them, Everyday's: The First 5000 Days.

This NFT is the work of Mike Beeple Winkelmann. This NFT work sold for $69.3 million, or around Rp. 1 trillion (exchange rate of Rp. 14,529).

In addition, the most expensive is The Merge. This NFT work was made by Pak and sold for $91.8 million or around IDR 1.3 trillion.

Also read: List of the Most Expensive NFTs in Indonesia in 2022

NFT Games

Another type is NFT games. In general, it can be said that not everything in the game is NFT.

However, what becomes NFT is the content in the game. For example, items, skins, characters and other content.

It is possible for game players to have the NFT easily when they are already in the game.

Also read: List of Latest Android NFT Games for October 2022

Music

Apart from that, another type of NFT is music. This has also been done by musicians or publishers in Indonesia.

One of the Indonesian bands that sells their music as NFT is VOB (Voice of Baceprot). The band is offering their song “[Not' Public Property” as NFT for sale.

This Metal band group offers their songs on one of the largest NFT marketplaces, OpenSea.

By selling music and video products on this marketplace, it will be easier for the public to own them.

Also read: 5 Best NFT Generators for 2022, Turn Work Into Cash!

Collection

Apart from that, there is also a type of NFT in the form of a collection. This is of course familiar to those of you who are collectors.

The types of NFT collections available include a limited edition baseball card. The card is priced at thousands of US dollars.

By purchasing it at the existing NFT marketplace, you can collect the cards you collect.

Memes

Furthermore, memes are also NFTs. You can find this type easily on the NFT marketplace. The price of each meme sold also varies.

Some even reach thousands to hundreds of thousands of United States dollars. The available memes also vary. You can own the meme by buying it.

VirtualFashion

The next type of NFT is virtual mode. You can make or sell virtual fashion needs in the form of NFTs.

You can use this fashion on an avatar that you previously owned in a game or metaverse that is directly connected to an NFT seller.

Moment

Another type of NFT is a moment or action that is carried out and has a big impact.

In addition, these moments must also be rare and rarely occur so that they have economic value.

Domain Name

Domain names are also a type of NFT traded on the NFT Marketplace. You can own a domain name or buy it on the NFT marketplace.

Later, buyers and sellers will make transactions for domain name ownership exclusively.

Also read: 5 Cool and Most Expensive NFTs in the World in 2022

Metaverse Land

Furthermore, the type of NFT that you can have is land metaverse. This type is also sold in NFT Marketplace.

By buying metaverse land, you will own assets in a metaverse.

Also read: Land RansVerse Dedicated NFT Marketplace Will Be Released Soon

For your information, VCGamers will soon release a special Land RansVerse NFT Marketplace, the first metaverse in Indonesia built on the collaboration of VCGamers, RANS Entertainment, Shinta VR and UpBanx.

Everything in RansVerse is NFT. Later, asset owners can own and sell the assets they own.