The 8 Most Important Utilities That Make NFT Projects Valuable

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The 8 Most Important Utilities That Make NFT Projects Valuable

  1. Access Utility
    Exclusive entry to products, platforms, events, or communities.

  2. Economic Utility
    Yield, revenue sharing, staking, or fee reductions.

  3. Upgrade & Evolution Utility
    NFTs that level up, evolve, or gain new capabilities over time.

  4. Governance Utility
    Real voting power and influence over project direction.

  5. Gameplay / Participation Utility
    Active use in games, metaverses, or interactive systems.

  6. Ecosystem Utility
    Interoperability across multiple platforms or products.

  7. Identity & Status Utility
    Reputation, recognition, and social signalling.

  8. Future Optionality
    Airdrops, early access, and benefits not yet revealed.

Strong utility turns NFTs into assets.
Weak utility turns them into collectables.

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Great post! Featured in the hot section by @punicwax.