Adoption of NFT Tokenization Will Be Driven by Museums
0An immutable digital identity that is kept on a blockchain and used to confirm ownership and validity is known as a non-fungible token (NFT). Because each NFT's ownership is recorded on the blockchain and transferrable by the owner, NFTs may be purchased, sold, and traded. Hussein Hallak, CEO of Momentable, predicts that "everything will be an NFT." According to Hallak, the eventual transformation of museums into big NFT galleries is "inevitable." According to Hallak, museums should employ NFTs largely for upkeep and authenticity checks on the items in their collections.
According to him, the ownership that comes with fractionalization is the key to Web3. a recent report claims By 2030, the market for NFT is expected to be worth roughly $231 billion.
Source: https://www.analyticsinsight.net/future-museums-will-give-birth-to-nft-galleries-through-tokenization/
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