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Cryptocurrency discussions / Re: What's the best NFT utility you've ever seen?
« on: May 18, 2024, 06:54:47 PM »-snip-The NFT hype is long gone but some NFT players or traders are still there and there are always transactions made.
Right now, I don't see any utilities of NFTs right now other than it being used as a requirement for a holder to gain tokens of a specific project. I can't think of anything, but there's already some projects that I saw where in order for you to be eligible for that airdrop, you need to hold a specific NFT on a specific time frame. Overall, I find this useless but overall, NFTs aren't that popular anymore. Nothing or only few communities are talking about it anymore. I guess it's just good that NFTs are still existing, or many investors are still investing in these NFT-related projects despite of it's hype being gone already.
Although the price has dropped dramatically, some NFTs can be airdrop requirements as you said.
Some projects that provide incentives for early adopters require users to hold NFTs if they want to get bigger rewards.
I myself have some NFt that I am holding back and will generate tokens for new projects that are coming soon and provide some profits.
The NFTs I got were also free from airdrops for early adopters.