Quote from: o48o on June 08, 2025, 09:22:27 PM

Quote from: pangu on June 06, 2025, 09:02:10 PM

Next bull run will be utility NFTs

And why weren't these been a huge thing during last NFT bull? Because it sure wasn't because lack of trying. There were so many new "revolutionary" utility use cases that i lost track.

And now, when basically all known NFTs are being laughed at or are seen synonymous to scams, now people would take them seriously and adopt them as utility tokens? Give me a break. There are use cases for NFTs but it's not collectables. One of them is that Uniswap is using them to represent LP. But no one talks about that because it isn't a token with speculative value to be bullish about.

The word utility is being thrown around in crypto so much that it has become very meaningless. It is just chasing for reasons to hype something that doesn't have value. One example will be enough here. Often people will say that staking is an utility, but this is flawed. An art NFT that can be staked to earn tokens that are created out of nothing or other NFTs that are also created and backed by nothing, is not an utility. That is why most of these projects failed, they didn't have any utility and they wouldn't know what utility was if it hit them in the face.