01 Feb 2023
Companies all over the world are only beginning to unlock the hidden potential of non-fungible tokens. Their uses extend from contracting, digital rights management and IP monetization to exclusive membership programs, granting discounts and other benefits.
Deloitte has published a report focusing on potential business applications of NFTs. Once you have chosen NFT as a tool to help you reach your business goals, study its features, be ready to shift the strategy, assess the regulatory risks, explore the legal environment, determine the rights granted or transferred to holders, consider the accounting requirements and tax issues, choose a marketplace that suits your needs or build a platform to promote and sell NFTs.