There’s more to NFTs than just PFPs — 5 ways nonfungible tokens will transform society

Cointelegraph

Published May 06, 2022 04:00PM ET

Updated May 08, 2022 07:00PM ET

The nonfungible token (NFT) sector has undergone a surge in popularity over the past year and a half as projects like Bored Ape Yacht Club and CryptoPunks captured the attention of the general public.

While the idea of fetching a six-figure payday for the latest trending digital art piece has been a major factor in the attention placed on the sector, the truth is that the crypto industry has only scratched the surface of what NFT technology is capable of.

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