Are expiring copyrights the next goldmine for NFTs?

2022.07.05 07:55

Are expiring copyrights the next goldmine for NFTs?

Although nonfungible tokens (NFTs) are most commonly known in the form of digital art, they exist in many other forms and represent much more than just art.

In the creative industry, NFTs have been used by musicians such as Kings of Leon to release their latest album. In the sports industry, NFTs are created to record the highlights of major sporting events such as the NBA. In the consumer product industry, Nike (NYSE:NKE), Gucci and many others are selling their digital branded products in the form of NFTs. A lot more real-world applications of NFTs are still to be explored and one of them is the digital publishing industry.