There have always been collectors of many different items; we could say collecting is part of what we do as human beings, and when something becomes valuable and unique, it is usually worth collecting too!. While in modern days collectors have stuck to physical items such as paintings, coins, and many others, now the available spectrum of collectible items is expanding to the digital space at a fast rate thanks to NFTs. Now we have NFT collectibles, but what are NFT collectibles you ask? Continue on reading while we tell you more about how NFT collectibles have shocked the collectors’ world and moved everything around making it more interesting and collectible.
NFTs allow us to collect anything that is digital using blockchain technology. Some NFTs can even function as a digital twin of some sort and work in tandem with a physical item. But how is this possible? While it may seem weird for some people to collect a digital file that can be copied, emailed, downloaded etc. The Non Fungible Tokens (NFTs) work as unique identifiers of digital files that can be used to trace their history and proof ownership. The transactions are registered in a decentralized ledger known as a blockchain and according to the rules established in a smart contract.
The terminology may seem weird and unfamiliar but think about Bitcoin for a minute, NFT collectibles work in a similar way to Bitcoin, they are units of data stored in a blockchain, but unlike bitcoin, which is fungible and interchangeable, NFTs are unique and not interchangeable. This fact comes with huge implications for digital assets that can now use this technology for identification and traceability. Depending on their rarity, utility, and other factors, NFT collectibles can gain value beyond economics just like any other physical collectible.
Digital collectible files are readily available for anyone through NFTs, and they can be collected, traded, invested in, and even find other utilities in the context of video games or the metaverse. Like we said previously, huge implications!. It is not surprising that NFTs have become so popular and widespread in a short period of time. The technology has been embraced not only by collectors, celebrities, and important companies that dealt with physical collectibles.
Sports-related NFT collectibles by StadioPlus
Sports have always been a huge field for collectible items, and at Stadio Plus we combine the work of renowned artists with NFT technology to bring you best collectibles in sports. Now, through our NFT collectible art, you can be the owner of unique artwork based on iconic moments of sports history.
Our goal is to make StadioPlus the biggest NFT platform for sports joining the world of digital arts and sports. If you still have any questions on what are NFT Collectibles, don´t hesitate to visit us at StadioPlus. We´ll be glad to answer your questions and welcome you into our community. Also, join us on our social media channels, Twitter Stadioplus and Discord StadioPlus.