Most of the NFT collections over the crypto space don’t have any utility whatsoever, this issue is beginning to get addressed by a few projects, like DeFiDOJO, with innovation and one of the last features released has been yNFTs (Yield NFTs), where they are trying to combine the beauty of DeFi with collections, have you put your NFTs into a good use lately? what are your thoughts about this?
NFT doesn’t have an utility for a reason, that is because NFT itself stands for Non Fungible token, basically if an NFT is lacking an utility, but instead, relies on the fact that each token is unique and used it as an identification and maybe authentication for arts
and anything like that, that’s kinda fine.
If anyone wanna develop their NFT and make it has some utilities that’s also fine, because after all it seems there are people that just wants the NFT that they invested to have some kind of utilities instead of just becoming something that’s meant for collection.
regardless, either an NFT have an utilities or not, at the end of the day, still implements same NFT protocol, so I guess it can still deserve being called NFT.