Geotagged NFTs are the latest iteration with the NFT marketplace. Geotagged NFTs feature 3D views of the street art along with their corresponding geographical locations. This way, collectors can own both the physical and virtual artwork at the same time.
While initially NFTs were limited to digital artworks, geotagged NFTs have opened up a whole new horizon. With the help of geotagging, NFTs can be linked with their respective artworks.
This way, the owner of the NFT can own and even resale the physical street art. Geotagged NFTs cater to the needs of the growing popularity of crypto users while combining real-world data.