Why do people buy NFTs? | Project: Amber Vittoria
All About Affordable NFTs
English - July 13, 2022 11:00 - 25 minutes - 35.5 MB - ★★★★★ - 81 ratingsTechnology Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: 8 NFT Rules To Survive By | Project: ENS domains
Theme: Why do people buy NFTs?
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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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