Future of NFTs and what does Status and Self-Confidence have to do with it?

Each person has different possibilities. One can afford a car, brand clothes, and all possible convenience. Others, in order to afford it, are forced to save up for it. However, as many studies have shown, a person always wants to have the best, because it gives status and confidence. When we talk about the offline world everything works the same way.

In the offline world, people are needed to identify themselves. NFTs give people a great opportunity to express the user's views on the virtual and real world. NFTs will be the backbone on which the economy of the metaverse is built, allowing for the authentication of possessions, property, and even identity.

By analogy with the real world, the economy of the metaverse is also being built. Therefore, we are already hearing about incredible amounts of money that are already invested in Decentraland. As an example, last year we could see people buying lands for millions of dollars to have it together with the proof of ownership. 

This works not only with real estate but also with all other areas of our lives. The presence of a certain collection of NFTs, tokens, or any other items may indicate your belonging to a particular community or social status.

I am confident that the potential of the NFT and the metaverse will change the future. NFTs bring ownership and uniqueness, while the metaverse brings a digital world where absolutely anything is possible. This combination of the digital world and the way real and digital assets are represented will change the economy, social experience, and daily life of each of us.

What do you think about the metaverse and the NFT? Write your point of view in the comments below.