NFTs for Business: A Practical Guide to Harnessing Digital Assets

by Ahmed Bouzid, Paolo Narciso, Steve Wood

Overview

Move beyond the tech jargon and the hype of non-fungible tokens (NFT)s and become empowered to think through solutions to solve your specific business problems.​ NFTs are important because they enable the manipulation of digital assets in ways that are closer to the way we manipulate physical assets. This book will serve as an introduction to the space and as a source of inspiration for connecting problem and solution dots.

Understanding what core problems NFTs solve and how they solve them will enable business leaders to design solutions and to put together the teams that will help them deliver on the promises of NFTs. This book is focused on explaining what NFTs are, what problems they solve, and what what technology makes them possible. It provides the larger technological, economic, and political context within which NFTs are emerging.

You'll learn how NFTs are currently being used, such as in assessing authenticity, creating scarcity, identifying provenance, establishing and confirming ownership, and enabling the tracking and collection of royalties You'll also see how NFTs allow for the creation of unique digital assets that can be owned and traded just like physical assets. NFTs is your guide to the emerging possibilities of ownership and monetization of digital assets in established industries.

What You'll Learn

• See what problems NFTs can solve
• Study the fundamentals of blockchain technology
• Understand what “Web3” means and the possibilities ahead
• Identify problems that NFTs can solve
• Deliver NFT and blockchain based solutions

Who This Book Is For

Entrepreneurs, executives, and product line managers in the following industries: Art, Music, Podcasting, Gaming, Finance, and Real Estate. Additional audiences include Retail, Fashion, Entertainment, Event Management and Supply Chain Management.

Product Details

ISBN-13:	9781484297766
Publisher:	Apress
Publication date:	11/18/2023
Edition description:	1st ed.
Pages:	173
Product dimensions:	6.10(w) x 9.25(h) x (d)

About the Author

Dr. Ahmed Bouzid has written numerous articles on NFTs and has interviewed several professionals in the space for his podcast. He is also launching the very first pure-audio based NFT marketplace through Witlingo, his digital audio and voicebot products and solutions start-up. Witlingo’s NFT market targets podcasters, voice actors and artists, singers, comedians, and other professionals who use voice and audio.

Dr. Paolo Narciso has worked on developing a technology credentialing system that allows students to “earn while they learn.” He also created a hybrid community and online program to teach underserved talent how to develop for Web3 with the mission of educating the next generation of diverse architects, builders, and creators for the coming tech revolution.

Steve Wood helped create an NFT rating prool, is building a game rewards system using “liquid NFTs,” and has been part of the development of Liberland’s governance system,which leverages NFTs for many important functions. He has launched one crypto token, plans on a second for Liberland’s national blockchain, and has eyes on a third for the game rewards system. Steve is also an advisor to NFT project Bakeree, which aims to simplify and automate NFT drops.

Table of Contents

1. The Key Problems NFTs Solve.- 2. The Technology Behind NFTs.- 3. Creating and Minting NFTs.- 4. The Art World and NFTs.- 5. The Gaming Industry and NFTs.- 6. The Music Industry and NFTs.- 7. Other Use Cases.-8 The Future of NFTs.