From a seat on the next Virgin Galactic to having a say in a Hollywood movie

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The NFT industry has grown in popularity over the past few years. Some recent NFT projects, such as the Bored Ape Yacht Club and the Azuki Collection, have sold for millions of dollars. However, with so many new NFT projects popping up every day, creators and developers have been driven to look beyond traditional NFTs, which are typically digital works of art stored on blockchains. This has given rise to a new generation of NFTs that have proven themselves in different sectors. Here is a list of some of the craziest and most innovative NFT projects that offer practical features and real value. (Image: Shutterstock)

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Crypto Space Agency (CSA) NFTs: CSA, an innovative crypto company, wants to leverage the power of NFT ownership to make commercial space travel possible for everyday people. Last week, the CSA launched its NFT project called “Gen-1 NFT Membership”, which will allow holders to become space travelers or “cryptonauts” in future commercial space travel. CSA has partnered with Blue Origin and has made seats available for Gen-1 NFT holders on the upcoming New Shepard space mission. Gen-1 NFTs went live on Monday, with 5,555 NFTs priced at 0.25 ETH each (around Rs. 55,000). Blue Origin will then randomly select NFT holders and train them for spaceflight. (Image: Shutterstock)

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NFT KillRoy: Not one for space travel? Good news, you can still aim for the stars, right here on planet Earth, with the ‘KillRoy’ NFT collection. The collection was created by famed Hollywood director Kevin Smith, responsible for hits like ‘Jay and Silent Bob’ and ‘Chasing Amy’. The NFT Collection is named after Smith’s upcoming series of horror and comedy films, “KillRoy Was Here.” The collection of 5,555 NFTs will be released over the next three months and will give holders access to exclusive behind-the-scenes footage, a commentary track, and art from the film. More importantly, viewing access will only be granted to holders of the NFT. In a statement, director Kevin Smith also said that “the shorts and animations that KillRoy NFT owners are creating with their own KillRoys (NFTs) will make up the bulk of our sequel anthology.” Basically, NFT holders will also be able to contribute to the upcoming movie. So if you fancy being part of a Hollywood movie, the Killroy NFT is for you. (Image: Shutterstock)

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NFT Glenfiddich Whisky: NFTs provide a robust certificate of ownership that is stored in secure blockchains. This ownership model is now also used by distillers William Grant and Son for their famous Glenfiddich whisky. Popular distillers use NFTs as proof of ownership for their 46-year-old premium whisky. Last year they sold 15 bottles of this premium whisky, complete with a rotating NFT image. The images are an artistic presentation of the premium bottle, which also serves as a certificate of ownership. The bottles are rare on the market, which makes them the perfect NFT asset. Owners of the NFT can sell it to others or redeem it to receive the physical bottle. (Image: Shutterstock)

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NFT VeeFriends: One of the most unique aspects of NFTs is the embedded smart contracts, self-executing code that triggers when certain conditions are met. Belarusian-American entrepreneur, author, speaker and internet personality Gary Vaynerchuk’s NFT Collection uses smart contracts that provide access to his VeeFriends community and an annual conference known as VeeCon. The NFTs in the collection are cartoon characters drawn by Gary himself. In 2021, the collection launched with 10,255 NFTs, giving all holders access to VeeCon. The conference is a networking opportunity focused on business, marketing, ideas, creativity, entrepreneurship, innovation and competition. Each NFT also gives the holder a handful of one-on-one encounters with Gary, a serial entrepreneur and trend setter. These meetings can be used to flesh out ideas, discuss solutions to business problems, or just chat. (Image: Shutterstock)

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NFT Digital Racehorse: The world of competitive animal racing has also been gamified by the NFT space. Digital horse racing is becoming an expanding subsector of the crypto and NFT world. On digital horse racing platforms like Zed, you can now own, buy/sell, and breed horses as NFTs without ever leaving your home. Digital horse racing is basically a video game where horses are represented as NFTs with different attributes like lineage, genotype, breed, gender, and coat color. The rarer the horse’s characteristics, the more valuable and likely it is to win a race. Owners of these digital horses have full control over their daily routine, such as resting and breeding, which can help increase the odds of winning. The race itself is a game of chance that uses algorithms to decide the outcome, but the algorithm also takes into account the attributes of the horse and its past performance when determining a winner. (Image: Shutterstock)

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The NFTs of the women’s world: Even though NFTs are often seen as investments only to line the pockets of profits, they are also used in charitable endeavors. One such example is the World of Women NFT collection, which aims to raise funds for women-led projects and organizations around the world. Their latest NFT drop in March consisted of artwork created by World of Women founder Yam Karkai herself. The collection was titled “World of Women Galaxy” and had a science fiction theme. The owners of the NFTs own the underlying artwork and hold the intellectual property rights to the NFT. (Image: Shutterstock)

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NFT Coachella: The idea of ​​using NFTs to provide exclusive offers and unique experiences is spreading more and more every day. Now Coachella, one of the biggest music festivals in the world, is getting into the NFT game. Festival organizers have teamed up with popular crypto exchange FTX to create their NFT marketplace on the Solana blockchain. Festival attendees can use this market to buy and trade NFT tokens. The first set of NFT tokens will allow holders to have lifetime passes to the festival and exclusive access to the virtual events that Coachella plans to have this year. More NFT collections are also planned in the future, which will offer holders 10,000 images and sounds from the festival. A premium tier of NFT will also be released to provide holders with a limited-edition photobook commissioned to celebrate the festival’s 20-year history. (Image: Shutterstock)

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Founders of the Midnight Society NFT: One of the hottest jobs in recent years is video game streaming. It has grown from a hobby into an innovative art form, with millions of people watching and following streamers. One of the most infamous video game streamers, steeped in fame and controversy, is Dr DisRespect. Dr. DisRespect, who has many fans, has created his own game studio called Midnight Society. The studio has been working on a project called “Project Moon” and has released something the studio is calling the Midnight Society Founders Pass. The pass allows members to contribute to the development of the studio’s first game and access exclusive NFTs. The cost of the pass is only Rs. 3,824, and it also grants access to an early game version. (Image: Shutterstock)