Digital Rights Management: All types of digital creations can be registered as unique assets (NFTs) on Nexus. They can then be tokenized allowing for shared ownership, and the automatic distribution of royalties to token holders. Artists across the creative scenes are learning how they can monetize their creations while cutting out the middleman. Digital assets include: Music, Audio Books, Art, Photography, E-books, Film.
Virtual & Physical Collectibles: Assets (NFTs) can be used to build entire metaverses that can integrate into games, art galleries, and events etc. Virtual assets include: In-Game Items, Skins, Weapons, Digital Art etc. Alternatively, assets can be linked to physical objects such as Clothes, Jewelry, Antiques or Physical Art to prove authenticity and scarcibility.
Tickets: Assets (NFTs) can be used to issue tickets in order to reduce fraud, and with the release of Protected Assets, tickets can be made to be revocable to prevent resale on secondary markets.
Environmental & Energy: Nexus assets (NFTs) provide the technology to trade and track environmental and energy assets. With the release of the P2P Market API, developers will be able to build exchange platforms for their assets, eliminating the need for intermediaries, such as brokers. Assets include, but are not limited to Carbon and Solar credits.
Securities & DAO: Tokenized assets can be used for securities and DAO tokens, where the asset represents the registration of the organization and the tokens represent shared ownership. Payment of dividends or surplus revenue can then be automatically distributed to token holders.
Voting & Governance: Tokens or assets (NFTs) can be used to record cryptographic and transparent votes, and with the release of the DAO API, DApps can add features for the decentralized management of funds and resources.
Public Titles: Assets (NFTs) can be used as a record for legal titles that represent private property. Being transparent, anyone can easily verify the authenticity of a public title on Nexus, without having to access a central database. Contracts can also be used for the decentralized exchange of public titles, eliminating counterparty risk. Public titles include, but are not limited to: Automotive, Real Estate, Internet Domains and Trademarks.
Non-transferable Titles: With the release of Protected Assets, NFTs will have the additional functionality of being non-transferable and revocable by the issuer, therefore are suited to certified systems such as Identity Cards, Memberships, Educational and Professional Certificates, Licenses, and KYC (know your own customer).
CopyRights & Unforgeable Records: Any important digital document can be hashed and authenticated as an asset generating a timestamped immutable fingerprint. Documents include, but are not limited to: Legal Agreements, Waivers, Insurance Records, References (landlord and employment), Copyrighted Material, Patents, Medical Records etc.
Supply Chains: Assets (NFTs) can be used to provide transparency into the supply chains of different products such as Agricultural Produce, Commodities, Manufactures, and Electrical Components etc. Product certificates include: Organic, Fair Trade, Sustainable, and Quality Assurance, etc. The Asset API can also be used to develop DApps to streamline production processes and prove chain of custody.