# NFTs in Wealth Management

NFTs have gained notoriety for their application in the digital art market, but diverse functionality is beginning to reveal a new role in finance.

At Nous, NFTs form an immutable link between investors and their on-chain assets. The functionality of NFTs is comprised in their metadata; chunks of code with the ability to execute financial contracts and manage investor funds autonomously – that is, without human intervention. By operating both as a representation of a financial contract and a means to execute the terms therein, our NFTs possess a dual functionality, and pass on a more efficient, more affordable trading environment for our users. Our unqiue application of NFTS provide users with a window into the performance of funds as well as the ability to cash in once contracts elapse. We've also taken care to make them simple and easy-to-read in order to keep managing portfolios fast and seamless.

![NFTs with derived financial functionality](https://2175144503-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F2us4FCbVFZR0MoJUbB2h%2Fuploads%2Fs3Wr7epOzaiDtIecMSIi%2FNFT%20infograph-03.png?alt=media\&token=7f1cafa5-fdd7-4a3e-ba14-425326aca392)

The use of NFTs in wealth management is a no-brainer; allocation of tokens ensures that contracts do not get lost or corrupted, as well as granting users irrevocable access to their investments in real time. Naturally, NFTs obviate for the need for certain TradFi elements, including complicated legal agreements and elaborate front-end considerations. Crucially, NFTs have the potential the simplify the investment process and mitigate risk.

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