Course Overview

This course is designed to help understand more about Non-Fungible Tokens (NFTS), the current players and the ways that these new assets are being deployed.

This course will look at how these digital representations of art, images, videos, tickets, and online gaming items are creeping slowly into many different industries.

We will look at some of the obstacles that NFTs face technically and why the user experience when first engaging with NFTs arguably needs to be made simpler if we are to see greater adoption.

We will then consider what is the future of NFTs their role in the digital virtual world of metaverses and how we could see the rise of digital twins, certificates created as NFTs unique to an appliance, a vehicle or even a property.

What You Will Learn

• Non-Fungible Tokens (NFTS) – What are they?
• Types of NFTs – Online games, art, tickets, digital twins
• Size of the NFT market – The importance of secondary markets to help create a royalty income for owners of IP
• Examples – Online gaming, sports, museums, films and artists
• Technical – Regulation, storage, ownership, platforms
• The future – Metaverse, Brands for research or monetizing existing IP, Facebook, Microsoft, the rise of Digital Twins
• How to keep up to date – Introduction to Digital Bytes

Who Is The Course For?

Anyone looking for more clarity about NFTs and how they are being used by:

• Investors - as an alternative asset class such as equities, bonds and real estate.

• Collectors - as the very nature of NFTs is that each one is unique or at least limited

• Owners of Intellectual property – as we offer insight as to how IP owners are using NFTs to in effect resell digital versions of existing IP they own and possibly, more importantly, generate ongoing income from their NFTs each time the NFT is then resold in secondary trading. Compared to the current situation with physical IPs such as a picture where the artist receives an initial payment but no further income on any subsequent sale as their picture rises in value in the future.

• Game developers – to incentives players to be more interactive in developing games as well as reward gamers (not gamblers) to play and in effect be rewarded for their time and participation. One of the real success stories in this field was Axie infinity whose market cap of its tokens in 2021 reached almost $10 billion. According to research from the Stratis platform, 47% of game developers are incorporating NFTs into their new online games