TECH SUPPLIER Jan 2023 - Market Perspective - Doc # AP49969122

The Current Uses and Untapped Potential of Non-Fungible Tokens


Abhishek Kumar

This IDC Market Perspective peels back the layer of hype around non-fungible tokens (NFTs) to determine its true purpose and potential as a digital asset as well as showcase the growing and innovative use cases in the financial industry and other industries.

"It is very easy to pigeonhole NFTs as simple collectibles, but we are currently only seeing the tip of the iceberg in terms of these digital assets. We are seeing more and more innovative use cases for NFTs, such as asset fractionalization, especially in the more developing markets, hinting at the untapped potential of this digital asset," says Abhishek Kumar, Associate Research Director, IDC Financial Insights.



Get More

When you purchase this document, the purchase price can be applied to the cost of an annual subscription, giving you access to more research for your investment.

Related Links

Do you have questions about this document
or available subscriptions?

Contact Us