A great importance of NFT is that it allows enthusiasts to own and take custody of a piece of their subculture. For instance, the first ever autograph done by Tiger Woods is currently owned by someone. Golf fans will do anything to get their hands on a piece of the autograph, and this would have been possible, assuming it was minted. Imagine if the owner of the autograph decided to mint part of Tiger Woods' “First-Ever Autograph”, on different NFTs and sell them in the marketplace, many golf fans will pay a lot to have a piece of it.
$OFCL is the token powering the OfficialNFT® ecosystem. The token facilitates the buying, selling, and minting process of the NFTs, and other goods and services offered by the OfficialNFT® platform. Some of the use cases of the $OFCL will be elaborated in Part 3.0.