An NFT, or “non-fungible token,” is a digital asset that denotes ownership of a particular thing or piece of material, such as a picture, video, audio file, or other digital data. NFTs are unique and cannot be replaced by another identical entity, as opposed to fungible tokens, like our regular currencies and even cryptocurrencies, which are interchangeable. Digital content (such as films, music, photos, etc.) that is gated using an NFT is called NFT-based gated content. To access the content, a user must possess the necessary NFT (or a specific amount of NFTs). These NFTs can be purchased and traded on blockchain exchanges, and since all NFT ownership is tracked on the blockchain, it is easy to verify ownership of the digital content they represent.

Google Drive is a cloud storage service provided by Google. Users can share a file by sending a link to the file or by granting access to the file to specific people. When a file is shared, others can view, comment on, or edit it, depending on the level of access granted. Google Drive Token Gating is a feature that allows Google Drive users to limit access to particular files or folders based on the ownership of a particular token (NFT). This feature requires a user’s crypto wallet to sign a message that verifies their ownership of the wallet. If the crypto wallet has enough NFTs and/or the required NFT from a collection, then access to the token-gated files or folders on Google Drive is granted.

It’s gaining popularity because of the increasing popularity of NFT and blockchain technology in general, as well as the increasing need for secure and verifiable digital ownership and access control. Additionally, using NFTs to control access to files in Google Drive allows for the creation of new revenue streams through the sale of access to valuable files. You can also provide role-based access control over each folder and even individual files stored in your Drive account, with Google NFT Token Gated content.