Shareholder benefits and NFTs allow you to receive incentives such as goods and services by holding them and meeting certain conditions. We will summarize the similarities and differences between them.
Unravelling the essence of stocks and NFTs through their similarities
NFTs and stocks have many similarities, such as proof of ownership, volatility, and fluctuations in value based on scarcity. Strictly speaking, there are many differences, but if you look at NFTs after understanding the similarities in comparison with existing systems, you may be able to face them without any allergic reactions.
NFTs have characteristics that were not mentioned above. For example, the biggest feature of NFTs is non-fungibility. This represents a unique digital asset, and it can be said that each has independent value and identification information. In contrast, stocks are a kind of fungible asset, and stocks of the same type from the same company basically have the same value.
Also, considering the market size, although NFTs have liquidity, not all NFTs have the same high liquidity as stocks traded on stock exchanges open to the world.
In addition, although the calculation method for corporate value varies for stocks, the value is mainly determined based on tangible assets and financial information. On the other hand, the value of NFTs is often influenced by factors that can be considered intangible assets, such as the presence or absence of a community or influencers, the vision of the project, and the rarity of the work.