While there was a misconception about the NFTs that they're only limited to the art world, the reality is far different. NFTs have their use-case in various applications, including games, art, music, video games, fashion, entertainment and more.
They can also be reused in any application that requires a high level of security, transparency, privacy and security.
This means that NFTs create opportunities for new business models that didn’t exist before - the space will continue to develop as society understands the technology.