The use cases of NFTs (Non-Fungible Tokens) are plenty. The innovative ways to use these digital assets are only limited by the imagination of creators. Although the non-fungible market has taken a hit since 2021, the sector is still making headway in the art, music, and gaming industries.
NFTs are incredibly imaginative, and designers may leverage this to expand their utility. One such component that might enhance the NFT’s worth outside of the digital token is unlockable content. Unlockable content is essentially a key to unique goods and services that are exclusively accessible to the holders. Furthermore, unlockable content is a novel approach to drawing attention to the secondary market and a beneficial tool for increasing the value of a collection.
There are just a handful of markets that enable unlockable content. This is mainly because there are two major difficulties that markets must overcome.
Firstly, there is a storage problem. Platforms don’t provide storage on-chain since doing so might result in higher prices. As a result, NFTs are usually kept in distributed file systems like IPFS, Arweave, or even centralized ones.
Secondly, unlockable material becomes quite platform-specific if it isn’t truly kept on-chain. The concepts of developing unique unlocked material and the potential for including it in NFT collections are so constrained. OpenSea, Solsea, Rarible, and Mintable are a few NFT platforms that have already included unlockable content for NFTs to their platform.
How to create unlockable content for your NFT collection?
Marketplaces usually provide artists the choice to include unlocked material when putting up non-fungibles. Adding unlocked material to OpenSea, Solsea, or any other market that enables this has little to no effect. There are just plain text content unlockables. NFT markets offer a sizable text area for artists to add any material they like. This may include a description of the work, a thank-you note, or a certificate.
NFT producers are unable to submit any files they desire in the form of a picture or a video. This is due to unlockable content addition settings that are only compatible with the text format. Instead, they may only provide links to the required files that are housed in alternative storage solutions. However, they will still need to manage those files. Hence, the creators must make sure that the material is available for a very long period.
To create unlockable content, users and creators only need to upload their NFT and fill in the unlockable content section with a description or link to other materials.
Unlockable material for NFTs is an endless realm of artists’ creativity, only enhancing the functioning of NFTs, and its importance cannot be overstated. Unlockables also increase the usefulness of NFTs. Hence, the feature of having exclusive content for buyers has a lot of potential for the future.