What are the benefits of having an NFT product?

Non-Fungible Tokens (NFTs) offer a range of advantages for businesses, including:

1. **Increased security** – NFTs help to protect digital products from being copied or stolen because each token is unique and can be tracked on the blockchain. This means that buyers can trust that their purchase is legitimate.

2. **Lower transaction costs** – NFTs eliminate the need for third-party intermediaries, which can reduce the cost of transactions.

3. **Improved ownership rights** – By using NFTs, businesses can ensure that they retain full ownership of their digital products. This allows them to set usage policies and manage digital products more effectively.

4. **Increased liquidity** – NFTs make it easier for digital products to be bought and sold on open markets, which can increase their overall liquidity. This can also help to attract more buyers.

5. **Enhanced transparency** – By using NFTs, businesses can create a public record of transactions, which can help to ensure greater transparency. This can help to build trust with buyers and also allow businesses to track their digital products more easily.