President of the Presidency’s Digital Transformation Office, Ali Taha Koç, shared videos examining how non-fungible tokens (NFT), called “Qualified Intellectual Deeds” in Turkish, will affect our daily lives.
With his posts on his official Twitter account NFTs have started to appear in many areas in daily life. indicating Ali Taha Kocin the shares How NFTs will affect our daily lives addressing to videos gave place.
President of the Presidential Digital Transformation Office shared by “How Will NFTs Affect the Media?” Two different videos titled in the first NFTs music, sport, game and to advertising while taking into account the effect of in the second if social media, the film industry, businesses and art how it will affect it.
The explanations about the effects of NFTs in the videos are as follows:
Music;
“Most of the music we listen to is now streamed through a central source, and we lose access to the library when we unsubscribe. NFTs now make it easy to transfer ownership of music. With the blockchain technology, the consumer will be able to pay the artists directly and the artists will be able to send their works directly to the user.”
Sport;
“Players’ contracts can be secured with NFTs. Many items such as players/teams products, limited edition souvenir cards, entrance tickets, photos and videos from the competitions will be converted to NFT, providing income to teams, athletes and fans.”
The game;
- Video games and in-game content will be converted to NFTs.
- With the blockchain, the transfer of content from one game to another game (if the game engine supports) can be done easily.
- Characters, characters’ items and skins can be converted into NFTs to prove ownership with the blockchain.
Advertising;
“NFT ads and campaigns can be created in the Marketing and Advertising sector. Brands will be able to serve these NFT ads as content directly through their channels and these ads will be copyrighted by blockchain technology.”
Social media;
“Identity verification processes on blockchain-based social media platforms will now be done with NFT. With the decentralized structure of blockchain, intermediary platforms will disappear and content producers will be able to reach consumers directly.”
Movie&Video;
“Very similar to music in movies and videos, content will now be broadcast through a central source. Only people with movies or videos that have been converted to NFT will be able to access the content. With proof of ownership of NFTs, film piracy will be prevented and copyrights will be protected.”
Art;
“NFT artworks have been in our lives for a long time. NFT-based artworks are produced and even traded by artists. Compared to classical works of art, NFT works, whose ownership is proven by blockchain, will again prevent copyright problems. Digital versions of physical artworks will be converted to NFT, and ownership will be digitalized with both tangible and blockchain technology.”
Businesses;
“NFTs will benefit businesses in many ways. With the conversion of legal documents to NFT, documents will be protected with blockchain technology, blockchain-based digital identities will be offered to employees, and digital records of all products will be kept in stock management.”