What if we told you that you can buy a couch you cannot physically sit on, but actually make money from it?

Around a month ago, an online marketplace called NiftyGateway led an auction and they named it “The Shipping”. During the auction, graphic designed Andrés Reisinger sold 10 pieces of cybernetic furniture as NFTs, which by the way, are the first of their kind. These NFTs were able to raise $450,000 in just 10 minutes! Andrés is now transforming his works from cyber to physical pieces, for example, the Hortensia chair. On the other hand, Nicholas Baker, Instagram designer, and Alexis Christodoulou, 3-D artist, are both also creating their own NFT furniture. There is just one question in mind. What on Earth can be done with a virtual piece of furniture one cannot physically use? You have already thought of that, of course, so read up!

Virtual NFT furniture are being created, collected, displayed and sold for thousands of dollars just like real and physical ones. How? Let us move step by step. First, of course, NFTs are created and designed by bright minds and out-boxed people just like Andrés Reisinger. After that, NFT furniture are collected. Reisinger stated and his NFTs are both collectible and abstract, exactly like collecting a very rare Pokémon card! For example, an NFT couch could be the core of the works done by artists, both conventional and crypto, and they cannot be interchanged, or non-fungible. In addition to that, and in certain practices, some pieces are already listed on the secondary market for $1 million, while they were auctioned a month ago for $4,500! At the end, currency is the most collectible article of trade. Moving on, and after we mentioned that NFTs can be collected, there is a need to state that they can also be displayed. There are several ways to display NFTs. First, you can display them on a fictional universe, or a virtual shared space, which we call the metaverse, just like Decentraland, Minecraft, or CryptoVoxels. You can reconnoiter its associated 3D model via amplified reality devices just like Facebook’s Oculus Quest headset or gaming platforms like Unreal Engine. Here, it is good to mention that players, on WorldWideWebb3, will be able to upload any NFT after the video game hurled NFTs of their own. Just keep in mind that with the proper network and meticulous connections, your NFTs can be displayed in any digital museum, like the Museum of Crypto Art, the Museum of Contemporary Digital Art, or the B.20 Museum, in the Gangnam District of Cryptovoxels, or at one of the mushrooming crypto-art fairs, like Meta_VS. Not interested? Well, you can always shape your own crypto-home or hire someone to do it for you like Ogar, Krista Kim and Matteo Sanz Pedemonte (who for your information just sold their Mars House, an NFT artwork, for $512,000), or even Kelly Wearstler. It is also quite unclear yet what the costs are for the latter.

If not on metaverse spaces, then where? Well, first of all, you can display NFTs on Twitter or even in digital frames. A crypto-art adopter, Elliot Safra, who is now working on a course related to NFTs, stated that the most effective and efficient way to display your NFT artworks remain the usual platforms, like Twitter and Instagram. Safra says and we quote: “The technology is still very early days; NFTs don’t really look that good in many spaces yet, and interaction is as yet highly limited, with basically no augmented-reality capacities. We’re essentially building the foundations for what’s to come.”

On the other hand, Elliot Safra and Andrés Reisinger both agree and mentioned that, for now, digital frames are considered adequate methods to exhibit your NFTs.

Finally, NFT furniture can simply be resold, just like any other physical piece of furniture. “The Shipping” collection, which was auctioned by Andrés Reisinger, struck between $2,500 and $67,000. Many of the pieces are already being resold and displayed back on NiftyGateway for approximately $4.5 million. This is what we call a bubble. In parallel, Andrés Reisinger states that the speedy increase in these prices reflect a fall back demand for the NFT artists who have held their artworks and crafts for 15 years. In other words, NFT prices are fluctuating along the years, especially that they are becoming trendy and famous in time. Analysts are starting to forecast a stabilization in the market.

In conclusion, if you really like a piece of furniture, you can always work patiently and accurately on the long term and end result. Andrés Reisinger started off with designing furniture, creating NFT artworks for these designs, then rendering these NFT furniture artworks into real ones. Makers and designers like Baker and Christodoulou are following these footsteps and soon, they will be reaching the same end game. To sum it up, the concept of NFTs are really starting to get infiltrated into our real world. As discussed, NFTs are being created, collected, displayed and then resold. They are even being turned into real objects. Visualize the future with NFTs. It’s a world of imagination with reality.