An acronym for “in real life.” The contextual use may vary. But generally, the NFT community uses it when comparing a digital asset to its real-life version or use case. For instance, it can also be an exhibition of virtual and physical art versions. Or it can be the value you stand to derive in real life when you invest in an NFT.
- I received my NFT IRL today!
- Here’s another example extracted from a tweet by @ChiefToadNFT:
“A New Generation of #NFT Product. An IRL NFT smart frame & a seedpass! Show your NFTs in the Real World!”