NFTs as Real Estate

As you have been reading, NFTs are digital assets that represent physical objects like art, music, literature, and other collectibles that are traded, bought, and sold in the digital world.

The story of blockchain trades began with the creation of bitcoin, which was created to replace fiat currency. So, it was no wonder that the next step forward was to create digital representations of other physical objects.

Then, of course, the next big idea was, why not physical real estate? This concept, discussed in the section on blockchain, launched a number of startups—some unique, while others are partnerships between traditional realtors and blockchain platforms.

As discussed, NFTs are being used to sell property, fractional shares ...

Get Let's Meet Blockchain now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.