> For the complete documentation index, see [llms.txt](https://okaleido.gitbook.io/doc/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://okaleido.gitbook.io/doc/about-nft.md).

# About NFT

**NFT is the new virgin land**

In addition to crypto investors, traditional collectors, artists and celebrities have entered the newly explored NFT territory. Business giants such as VISA, NBA, Disney, Twitter, LV, McDonald's and Coca Cola are also showing their favor and fully engaging in this field. They expect to leverage the scarcity and uniqueness of NFTs to further push their business boundaries.

**NFT concept is being expanded to a variety of areas**

In addition to existing PFP, collectibles, artwork, and GameFi props, NFT is also penetrating into DeFi, social, music, domain names, sports, photography, and so on. Perhaps NFT will become an indispensable part of our lives in the future if its composability is further exploited.