币界网报道：NFTs Expand Beyond Art: Real-World Applications Gain Traction Non-fungible tokens (NFTs), once primarily associated with digital art and collectibles, are increasingly being adopted for real-world utility across industries. Companies are leveraging blockchain technology to tokenize assets like real estate, luxury goods, and event tickets, enhancing transparency and ownership verification. Luxury brands such as Gucci and Louis Vuitton have integrated NFTs to authenticate high-end products, while platforms like Propy enable fractionalized property ownership through tokenization. The music industry is also embracing NFTs, with artists like Kings of Leon releasing tokenized albums and exclusive perks for holders. Additionally, NFTs are being used for identity verification, with decentralized platforms offering self-sovereign digital IDs. Despite regulatory uncertainties, the shift toward functional NFTs signals broader adoption beyond speculative trading, with enterprises exploring blockchain-based solutions for supply chain tracking, loyalty programs, and intellectual property management. Analysts note that while the NFT market has cooled from its 2021 peak, innovation in utility-driven applications continues to attract institutional interest.