NFT’s role in DeFi

WOLFinance
1 min readMay 24, 2021

_Firstly, NFTs have the ability to issue stock tokens. With NFTs, the real assets such as real estate or stocks can be “digitized” into tokens that the specialized terminology calls as an asset “tokenization”. This trend will emerge in the future when everything must be digitized to more easily audit.
_Secondly, NFTs have the ability to provide the possessive certificates of the digital assets, especially certificate of copy-right or certificate of Apple Music, Netflix’s monthly registration, and so on. Because NFTs give us the ownership and owner-change right. For example, if you have had a half month left of an Apple Music service for which you did not have the demand, you can re-sell to other users instead of ignoring it to avoid the waste. At the same time, it also opens a new sector as Blockchain Domain.
In a word, the most usefulness and potential of NFTs in the future are the Blockchain-on asset value that is the lack in DeFi.

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