Seven Stages of NFT Development: The Evolution from Digital Art to the Metaverse and Future Trends

NFT has gradually entered the public eye, and its development can be roughly divided into seven stages: star cards/digital art, avatar OG, generative art, GameFi, PFP avatar party, Decentralization NFT, and meta-games. Each stage has representative projects.

By sorting through, we can summarize several characteristics and trends in the development of NFTs:

• Be granted more functionality
• Pursue originality and scarcity
• Gradually moving towards mainstream
• Bottom-up, community-driven
• The social attributes are becoming stronger.
• Unfair Minting
• Tending towards homogeneity

Several directions worth paying attention to for the future of NFT include:

• Composable NFT
• xFi( includes SocialFi, CreateFi, LearnFi, etc. )
• Pricing mechanism and liquidity solutions
• Decentralization identity ( DID )
• Other innovative forms ( such as POW NFT, cross-chain NFT, growth-type NFT, etc. )

NFT is still in the early stages of development, and more innovations and application scenarios will emerge in the future. The key lies in how to improve the liquidity of NFTs, refine the pricing mechanism, and deepen the integration with the real world and the Web3 ecosystem. With the development of technology and ecology, NFTs are expected to play a greater role in the digital economy.