Table 4

The 4 cases and 4 business models of the NFT ecosystem

CaseNFT business modelNFT processesNFT competitive advantage
1NFT creatorCreate digital art minted as an NFTIrrefutable ownership
Collect NFT digital artBuilds a community and trust between the collectors
2NFT marketplace, selling creators’ NFTsSell NFT digital artIrrefutable ownership
Builds a community and trust between the collectors
Purchase history transparent, gives insights into consumers
3Company offering their own NFT (fan token)Use specialized platform for all the NFT salesAllows fans to feel closer to their team
Builds a community and trust between the fans
Allows fans to go to special events
4Computer game with NFT salesPrimarily based on the “play to earn” modelGives players something they value, and that they can sell, that does not cost the company anything
Optional in-game purchases of NFT minted virtual itemsNo compulsory purchases reduces push-back and resentment
 Builds a community and trust between the players

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