How to look for best NFTs projects with Utility-UseCase?

 What is Utility?

Utility means for something that is useful, beneficial and is profitable. It is also known as something that has use case that has some purpose.

NFTs with Utility:-

Basically Utility NFTs means NFTs that are more than just piece of art this means they should have value in real life that can be in form of anything. Usually it shows that we are holding something valuable because a piece of art can be attractive for someone but not so much that someone is gonna spend thousands of dollars on this. Yes, obviously an aesthete(someone who loves art) is gonna spend money even millions of dollars but other than that people are not gonna buy only a piece of art with no use. You can check several projects on @opensea which are giving some use other than their beautiful 2d and 3d art. And you can also check their total volume traded so far. So projects with some use case , utility are the one in which most of us gonna jump as you already know how wide this NFTs space is going on.

  

Check out this famous project "BORED APE YACHT CLUB" check their roadmap, what they are providing other than a piece of art. 

Some Factors of NFTs utility:-

1) Physical 

2) Access

3) Social flexing

4)Special Community

5) Brand and Company

6) Gaming

Physical;-

NFTs utility in physical means NFTs that are giving something in real life other than the digital art. You can  check many projects that are giving physical items. Let me show you.

Look at RTFKT company which gives sneakers physically in real lives.

Access;-

That actually means NFT holders can have access to various things like events with celebrities , famous people, Brand and organization, Holders can have access to something premium which can be only access by holding the NFT. NFT holders can vote for organizations. They can do many more.

 Social flexing;-

Some people use NFTs for flexing on social media to show off. You can use them as your profile picture, they can be used as emojis, badges, So if your art is really creative and something attractive so rich peeps are obviously gonna jump in to buy.

Special Community;-

Ownership of some NFTs can give you access to premium discords or some private servers that cannot be access by anyone in this way you can interact with community in which  all are holding the same NFTs project which basically means if project is having strong community it means more people are moving in it and it is good for project.

Brand and Company;-

With the trend of NFTs every big brand and company is going in this space big brands when they create a collection or single NFT the brand the company is providing the utility to NFT projects. 

So people believe more in the project in which any celebrity, or famous brand or company is involved.

 "VEEFRIENDS" project created by Gary Vee Have a look at this project.

Gaming;-

NFTs can be used in gaming like there are many famous games that are using NFTs avatars in their game. Holders can access to this game these games are mostly play 2 earn(p2e) in which you can play games and earn cryptocurrencies. So NFTs projects can be used as gaming utility.

Check out this NFT project which is also used in gaming and is one of the most played game on NFT project.

https://axieinfinity.com/

If you like this follow me to get new updates on daily basis |Check out my recent blog on" How to flip NFTs"

https://webcreativeideas.blogspot.com/2022/03/how-to-flip-nfts.html