Theme: Why do people buy NFTs?


 



 

From MilkRoad

Why do people buy NFTs?

The NFT market has seen some serious ups and downs.


DEXterlab, a digital asset discovery platform, recently polled its Twitter followers on why those who bought NFTs participated in such a volatile market.


Some bought NFTs to collect digital art, while others did it for various perks. NFTs with benefits (AKA “utility NFTs”) can score you:


Access to communities with virtual and IRL meetups, like Gary Vee’s VeeFriends
Access to games. For example, Axie Infinity players must buy three Axie NFTs to start
Real-life perks. Crypto Baristas is a coffee project that promises its NFT holders discounts at future cafes

But 64%, an overwhelming majority…

 



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