Augmented Reality NFTs: Benefits and How to Create Them

The digital artist Beeple sold his work, “Everydays — The First 5000 Days,” as an NFT for a record $69 million at Christie’s in March, whereas a tech company made $380,000 from an NFT video that shows a Banksy print, worth $95,000, being physically burned.

Beeple “Everydays — The First 5000 Days,”

Already, some NFTs, including artwork, clothing, and even real estate, use augmented reality (AR) to allow users to interact with them in the real world.

But what exactly are NFTs, and more importantly, augmented reality NFTs?

Non-fungible tokens, or NFTs, are a type of digital asset that exists on the blockchain. However, unlike most virtual currencies, NFTs are unique and can’t be replaced or exchanged for something else of the same value (hence why they’re called “non-fungible”). In this sense, NFTs are similar to Pokemon cards or rare minted coins.

What Are Augmented Reality NFTs?

While regular NFTs are just representations of art pieces or moments in time (like images or videos), AR NFTs include AR elements and cues, such as the ability to visualize digital objects in your environment or on your face/body.

In other words, AR NFTs and 3D NFTs are immersive experiences that can be shared via AR-enabled websites or apps.

Perhaps one of the most popular examples of how NFT technology is used in the art world is world lenses (live filters), which let users display unique pieces of digital art. With a world lens, you can interact with an art NFT by placing it in your own environment, be it your living room, office, or an art gallery, with AR.

Augmented reality NFTs Atari 3D sneaker A fashion NFT is exactly what it sounds like: a clothing piece that you can wear on your body.

In a market that is fast becoming oversaturated with regular NFTs, NFTs that permit users to participate in immersive experiences that can be shared with others is a surefire way to stand out from the competition.

Want to take advantage of the immense opportunities offered by immersive NFTs? Get in touch with us today and we will help you develop your very own AR NFT.