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How to add unlockable content to your NFT collection

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After, after Amazing tour in 2021Almost everyone knows what is at least superficial Non-fungible tokens (NFTs) We are. Although not many people realize that NFTs are constantly getting new functions and new use cases.

This article will highlight the role of an exciting feature: unlockable content in NFTs. We’ll break down their benefits and use cases for you and show you how to add unlockables to your NFT collection.

What is NFT?

Traditionally, NFTs are described as unique digital assets for cryptography in a file blockchain It can be bought and sold online. They can be almost anything, incl digital photossongs, videos, in-game items, Real estate or even personal genome.

In particular, NFTs provide benefits to artists, such as decentralization, verification, ownership management, ease of transfer and trade, redundancy, and rarity. Most of all, NFTs are building a whole new economy for creators, with the possibility for creators to earn royalties from secondary sales without the mediation of any third party by creating Smart contracts.

However, despite the obvious advantages of NFTs to artists and society itself, many people are still convinced that they are just a temporary craze. NFT skeptics keep repeating that clumsy digital NFT art on the blockchain has, in fact, nothing to do with real art.

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Certainly, the majority of NFTs exist as various stable items on blockchains that are available to buy and sell on Online markets. And since there is no middleman involved, they can be absolutely anything, including low-quality content as well.

However, society should not forget that the NFT phenomenon does not only include digital art and trendy high-priced collectibles because the underlying technology enables creators to do more than just JPEGs or GIFs.

NFTs enable dozens of use cases. For example, NFTs are by their very nature unique tokens that can be “owned” by users, which means that any NFT can also act as a form of proof, certificate, or key. The scope of new innovative ways to use this form of Access Control to provide value to people is only limited by the imagination of the creators. This is exactly where the concept of unlockable content comes into play.

NFTs hold a huge amount of creativity that artists can use to diversify their careers. One of the elements that can add real value to NFT outside of the digital token is unlockable content and bring creativity into it, thus improving the trading experience. Essentially, unlockable content is a key to exclusive things and services that can only be accessed by an NFT holder. It becomes visible to the NFT buyer after purchase.

While unlockable content may be anything exclusive, more often than not, unlockables are offered through links to higher resolution NFT files or opportunities to purchase their physical copy with shipping details or artist contacts. Moreover, unlockable content is a useful tool for adding value to the NFT pool and a great way to create appeal in the secondary market.

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For artists, unlockable content is an opportunity to respect and honor collectors of NFTs by offering them something original that has value in the real world. In this way, unlockables create the effect of increased scarcity and demand for NFTs.

There is a wide range of ways to use unlockable content in NFTs, and the examples are practically endless. It can be almost anything from high-resolution versions of digital photos and additional video content to access to communities or private testimonials.

Use unlockable content states in NFTs

For example, musicians can use NFTs with unlockable content to ship a physical copy of their records or distribute tickets to provide fans with access to their shows. Furthermore, artists can add special behind-the-scenes content for the lucky collectors who purchase their NFT pieces.

While non-blockable content can open many new moving ideas, the NFT markets that support it can be counted on one side. This is mainly due to the fact that NFT markets face two major challenges.

First of all, there is the issue of storage. NFT platforms do not offer on-chain storage as it can potentially lead to huge costs. Thus, NFT files are usually stored in distributed file systems, such as IPFSArweave or even in the mainframe.

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Then, if the unlockable content is not actually stored on the chain, it becomes platform-specific. This limits the ideas of creating custom unlockable content and the possibilities of adding it to NFT collections. However, there are a few NFT platforms that have already implemented unlockable content for NFTs on their platform – open cAnd the SoulseyAnd the rare and Mintable.

Generally, for artists, the option to add unlockable content on NFT marketplaces is available when setting up NFTs. In other words, artists can attach unlockables while creating or editing them. So, how do you add unlockable content to your NFT collection?

There is not much difference between adding unlockable content on OpenSea, Solsea, or any other platform that supports it. The scheme is almost the same. Unlockables are limited to plain text content. NFT platforms provide plenty of space for text to add whatever content artists prefer, such as a business story, a thank-you letter, or a certificate of authenticity.

The non-locking text-limited Content Addition settings mean that NFT creators can’t upload any files they want in the form of an image or video. Instead, they can simply add links to the desired files hosted in other storage solutions they like, which they have to organize themselves. Therefore, the responsibility for ensuring that unlockable content remains available for a long time rests with the authors.

To add unlockable content to your NFT_, follow these steps

Related: How to Create an NFT: A Guide to Creating a Non-Fungible Token

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2021 was a pivotal year for NFTs, a year of groundbreaking and adoption. Now, in 2022, it’s time to think about diversifying use cases and strengthening NFT’s position as a digital phenomenon. Unlockable content features have become one of the important steps in this direction.

Expanding the functionality of NFTs Unlockable content for NFTs is limitless scope for artists’ creativity – simply enhancing it. It is difficult to overestimate the importance of this. Moreover, Unlockables add utility to NFTs. With hidden unlockable content that only NFT owners can view, for fans and followers, buying an NFT has become an interactive experience with the element of surprise in a new layer of engagement. In this sense, unlockables have the potential to thrive in the cryptocurrency industry and benefit artists and their communities.