{"id":10082,"date":"2020-11-28T17:49:40","date_gmt":"2020-11-28T12:19:40","guid":{"rendered":"https:\/\/zebpay.com\/?p=10082"},"modified":"2025-02-13T07:41:54","modified_gmt":"2025-02-13T07:41:54","slug":"from-online-gaming-to-luxury-goods-the-nfts-doing-it-all","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/from-online-gaming-to-luxury-goods-the-nfts-doing-it-all","title":{"rendered":"From online gaming to luxury goods: The NFTs doing it all"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/zebpay.com\/in\/blog\/from-online-gaming-to-luxury-goods-the-nfts-doing-it-all\/#Collectables_Cryptokitties\" title=\"Collectables: Cryptokitties\">Collectables: Cryptokitties<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/zebpay.com\/in\/blog\/from-online-gaming-to-luxury-goods-the-nfts-doing-it-all\/#Gaming_Gods_Unchained\" title=\"Gaming: Gods Unchained\">Gaming: Gods Unchained<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/zebpay.com\/in\/blog\/from-online-gaming-to-luxury-goods-the-nfts-doing-it-all\/#Sports_Sorare\" title=\"Sports: Sorare\">Sports: Sorare<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/zebpay.com\/in\/blog\/from-online-gaming-to-luxury-goods-the-nfts-doing-it-all\/#Art_Dada_art\" title=\"Art: Dada art\">Art: Dada art<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/zebpay.com\/in\/blog\/from-online-gaming-to-luxury-goods-the-nfts-doing-it-all\/#Fashion_Louis_Vuitton\" title=\"Fashion: Louis Vuitton\">Fashion: Louis Vuitton<\/a><\/li><\/ul><\/nav><\/div>\n\n<h4 class=\"wp-block-heading data-collection\" id=\"h-collectables-cryptokitties\"><span class=\"ez-toc-section\" id=\"Collectables_Cryptokitties\"><\/span>Collectables: Cryptokitties<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>If there&#8217;s one non-fungible token you already know, chances are it&#8217;s Cryptokitties. There&#8217;s really not more to it than the name suggests\u2014the game allows you to collect and breed cartoon cats that, much like in the real world, will never be exactly the same.There are four basic types of cats: Normal, Fancy, Special Edition and Exclusive, each having a variety of &#8216;cattributes&#8217; available, you can find &#8216; In 2018, a cryptokitty called Dragon sold for 600 <a href=\"https:\/\/zebpay.com\/in\/blog\/ethereum-price-prediction\">ETH<\/a> (INR 2,30,03,496 today).<\/p>\n\n\n\n<h4 class=\"wp-block-heading data-collection\" id=\"h-gaming-gods-unchained\"><span class=\"ez-toc-section\" id=\"Gaming_Gods_Unchained\"><\/span>Gaming: Gods Unchained<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>Gods Unchained is a strategic game where you collect cards with unique powers and play them against your opponents. Think of it as the adult, blockchain version of stone, paper, scissors\u2014if stone, paper, scissors had a cool backstory involving mythical gods. Players must tactically build a deck of 30 cards and align themselves with one of 6 gods. The game is free to play, which means you&#8217;re essentially earning assets that you can sell at no cost of your own. You can trade cards to advance in the game, or you could even convert them to real world cash through the Gods Unchained marketplace.<\/p>\n\n\n\n<h4 class=\"wp-block-heading data-collection\" id=\"h-sports-sorare\"><span class=\"ez-toc-section\" id=\"Sports_Sorare\"><\/span>Sports: Sorare<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>Sports leagues from the NBA to the NFL have jumped onto the NFT bandwagon. Sorare has been one of the more successful examples. It&#8217;s a fantasy football game involving that allows you to collect one-of-a-kind cards with your favourite players. According to their website, &#8216;Every week, your Cards earn XP points that make them more powerful in the game and allow you to compete in higher divisions to win better prizes.&#8217; Just like any other fantasy sports league, the value of your cards is tied to the players&#8217; real-world performance.<\/p>\n\n\n\n<h4 class=\"wp-block-heading data-collection\" id=\"h-art-dada-art\"><span class=\"ez-toc-section\" id=\"Art_Dada_art\"><\/span>Art: Dada art<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>Dada was a revolutionary art movement in the early 20th century that challenged capitalistic notions of art. Dada art continues this legacy, with goals to give artists true control and ownership of their work. It is a collaborative art platform where &#8216;people worldwide speak through drawings&#8217;. It aims to build a blockchain token economy for the arts.&nbsp;Vikram Rangala, ZebPay&#8217;s CMO, has earlier spoken about how NFTs can benefit India&#8217;s rising talent. He said, &#8220;India has millions of brilliant local&nbsp;artists&nbsp;and artisans and NFTs can offer new opportunities to create as well as protect their work.&#8221;<\/p>\n\n\n\n<h4 class=\"wp-block-heading data-collection\" id=\"h-fashion-louis-vuitton\"><span class=\"ez-toc-section\" id=\"Fashion_Louis_Vuitton\"><\/span>Fashion: Louis Vuitton<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>Coindesk reported that the LMVH, the world&#8217;s largest luxury goods conglomerate is considering blockchain technology to address the problem of fakes. The business of luxury fashion relies on prestige and scarcity. A Chanel bag or a Gucci suit has value largely because of it is unattainable to the vast majority of ordinary people. Today&#8217;s increasingly realistic fakes are a threat to this snob value, so it&#8217;s no surprise that LMVH is exploring NFTs as a solution. These will be &#8216;digital representations which are not only immutable but provide a hallmark of a one-and-only, unique item&#8217;. &nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the run-up to the launch of India&#8217;s first NFT, here are the existing tokens you can explore.<\/p>\n","protected":false},"author":1,"featured_media":10100,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/10082"}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=10082"}],"version-history":[{"count":2,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/10082\/revisions"}],"predecessor-version":[{"id":31611,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/10082\/revisions\/31611"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/10100"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=10082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=10082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=10082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}