Utility NFTs: Over the years, the rapid rise of non-fungible tokens (NFT) and the metaverse has resulted in new sorts of projects and use cases.
The utility NFT, a sort of NFT meant to offer holders additional value beyond the actual digital asset, is one growing use case in this field. Let’s have a look at this emerging sector.
What are Utility NFTs?
Utility NFTs are a class of NFTs that have particular practical uses. They, like any other NFT, are created with smart contracts and are one-of-a-kind. They also have the same immutability, transparency, and security features.
But unlike ordinary NFTs, the primary focus of utility NFTs is not collectibility but rather the real-world uses, benefits, or perks they provide NFT holders.
Utility NFTs enable those seeking to interact with brands and participate in the project’s culture through access and things. For example, you can buy a Shoe NFT (by Adidas, Nike or any other company) for your Avatar in the Metaverse, and the company ships
We współpracy z: https://coingape.com/blog/welcome-phygital-the-rise-of-utility-nfts-practical-digital-physical-nfts/
