WhiteSight

Search
Close this search box.

The Utility of Rarity: NFT Projects

Table of Contents

Virtual Assets, Real Opportunities: Financial Institutions’ Metaverse ExplorationLong gone are the days when digital creations were simply pixels to be admired on a social platform – today’s world is placing major bets on the ownership of these unique virtual figments. The one-of-its-kind nature of non-fungible tokens (NFTs) have earned them the modern-day excitement and monetization ability—one that has paved the way for trading and investment in any digital asset (art, music, texts, etc.) a possibility.This same hype has given rise to numerous NFT projects that are changing the game for owning something original and traceable. Whether it be an exclusive collectible meant for a certain group of people, a rare gem that exists in a limited amount, or a token with real-world utility – NFTs seem to be an explosive trend for the year ahead. On our way to discover the genesis of NFTs, we stumbled upon several cool art projects. Colored Coins, also known as Metacoins, was one of the first NFT-like projects which involved issuance of tokens that represent real-world assets on the Bitcoin blockchain in 2012-13. In 2014, Counterparty—a peer-to-peer financial platform and distributed open-source Internet protocol built on the Bitcoin blockchain—enabled digital asset creation and exchange […]

This post is only available to members. document.addEventListener('DOMContentLoaded', function() { console.log('social login script loaded'); // Use event delegation in case buttons are dynamically rendered document.body.addEventListener('click', function(e) { console.log('social login button clicked'); var btn = e.target.closest('.button-social-login'); if (btn) { // e.preventDefault(); // Disable button to prevent multiple clicks btn.style.pointerEvents = 'none'; btn.style.opacity = '0.6'; // Change button content to 'Please wait...' with a simple spinner btn.innerHTML = ' Please wait...'; // Add spinner animation style if not already present if (!document.getElementById('social-login-spinner-style')) { var style = document.createElement('style'); style.id = 'social-login-spinner-style'; style.innerHTML = '@keyframes spin {0%{transform:rotate(0deg);}100%{transform:rotate(360deg);}}'; document.head.appendChild(style); } } }); });

Already a subscriber? Log in to Access

Unlock this blog

Gain exclusive access to this blog alone.

Radar Subscription

Select a membership plan that resonates with your
goals and aspirations.

Subscribe now

Not Ready to Subscribe?

Experience a taste of our expert research with a complimentary guest account.

Sign up for free
We publish new research regularly. Subscribe to stay updated.
No spam. Only the best in class fintech analysis.



    Related Posts
    Diagram showing Monzo's Flywheel (Everyday Engagement, Relationship Deepeners, Monetization) and their 4 Levers of Lending Strategy (Responsible Foundations, Credit Democratization, Ecosystem Integration, Portfolio Diversification).
    Open Access Blog

    The Monzo Model: Product Evolution Fueling Customer Growth and Sustainability

    Read Post
    Infographic detailing Monzo's product evolution from Short-term Pots (2017) to Medium-term Fixed Savings/Investments (2019/2023) and Long-term Pensions/SIPPs (2024/2025), showing adoption metrics and the resulting opportunity for Monzo.
    Complimentary Research

    Monzo’s Wealth Playbook: Turning Gen Z Savers into Tomorrow’s Investors

    Read Post
    Infographic detailing Revolut's strategic global expansion roadmap, including licenses, partnerships, and launch years in London, Europe, and North America (US/Canada).
    Complimentary Research

    Revolut’s G7 Playbook: Building Global Financial Influence

    Why Revolut Is Betting on the G7 to Cement Its Global Banking Ambition The G7 nations, comprising the United States,...

    Read Post
    Infographic detailing Monzo Business's revenue sources, monetization engine for sustainable growth and macro view of the UK SME business banking market, illustrating traditional bank versus challenger bank market share.
    Complimentary Research

    Retail Darling to Business Powerhouse: Monzo’s Strategic Expansion Into SME Banking

    Read Post
    Nubank Featured-Image
    Complimentary Research

    How Nubank Championed Creative Destruction in Brazil

    Read Post
    Infographic comparing Monzo and Revolut subscription tiers (Extra, Perks, Max vs. Plus, Premium, Metal, Ultra). Includes cost, interest rates, insurance, fee-free cash withdrawals, investments, and partnership perks, along with subscription revenue growth for both companies from 2022 to 2024.
    Complimentary Research

    Banking-as-a-Membership: Subscription Playbook of Monzo and Revolut

    Read Post
    Select currency
    USD United States (US) dollar
    EUR Euro
    GBP Pound sterling
    INR Indian rupee
    WS_Logo_-for-White-BG-01.png