The Next Revolution: Why AR will change NFTs forever 💎

AR: The physical-digital interface 👩‍💻

Augmented Reality (AR) technology is not new, but only recently has it developed to the point where widespread applications are being seriously explored. From virtual classrooms and meetings through to interactive displays in shops and galleries, AR gives us a way to connect the virtual to reality in new, exciting ways. At a time when metaverse narratives are capturing the world’s attention and validating our digital representations, a way to interface between digital and physical worlds is gaining importance.

AR NFTs 🥽

AR NFTs extend the concept of traditional NFTs beyond ‘flat’ digital assets by allowing for them to be projected into the real world. As visual animals, people are interested in viewing their virtual property in 3D space — not just because it’s cool, but because it’s useful.

Retail shopping 👠

People love shopping, and with the emergence of the metaverse and NFTs-as-identifiers tied to real-life items, the retail experience is poised to undergo a revolution. In the luxury goods market, for example, NFT solutions are already being deployed to combat fakes and forgeries. But still, something is missing from the online shopping experience.

In-game items 🎮

The Play-to-Earn (P2E) economy has taken the world by storm. Thanks to crypto assets like NFTs, gamers are now earning real income from their time in-game. While it often takes a lot of grinding to make any real money, secondary item markets from other multiplayer games tell us that there is serious demand for in-game assets — and really, it’s only a matter of time before the largest existing marketplaces move to NFTs.

Real-world experiences 💻

AR is already changing the way we experience real-world locations like museums or art galleries. By scanning a QR code users can bring an historical display to life, or interact in new ways with contemporary art. Most of us have seen or heard of this use case for AR, but widespread adoption remains elusive. The simple fact is that AR applications are too fragmented for most users — you usually need to download a new app for every museum or display you go to, which is often more trouble than it’s worth.

AR real estate 🏢

The metaverse is growing rapidly and people are lining up to buy virtual plots of land. Often these virtual lots are in made-up digital worlds, but in some cases they can be tied to real- world equivalents. As a unique item, metaverse land is usually secured by an NFT which works in much the same way as a traditional title deed.

It’s a brave new world 👀

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Hololoot

Hololoot

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World’s First AR Metaverse NFT Generator and Marketplace