NFT Projects with Real Utility 2022 - you should know about!
Here Are Some NFT Projects with Real Utility
NFTs have emerged as the newest craze in the market, generating billions of dollars in annual transactions. Some people refer to them as digital art installations, while others use them in a more practical sense. While many of these projects are less applicable than others, there are some NFTs that could genuinely provide real utility.
Regardless of your opinion on their value, they are now capturing our attention with a renewed enthusiasm around decentralized web services and web 3.0 concepts. Utility NFTs have the potential to provide an even greater infrastructure to the cryptocurrency and blockchain space.
Since everyone cannot get a Crypto Punk or a Bored Ape Yacht Club NFT, there are other ways to get our hands on some profitable NFT projects with real utility. So let’s take a look at a few of them in more detail.
Fractal
Fractal is an NFT gaming marketplace hosted on the Solana ecosystem that enables game companies to list NFT drops for durable in-game assets and sell directly to players. It successfully airdropped Genesis NFTs that allow game creators to use, develop, and shape them as they see fit. It also allows regular holders to gain access to in-game content, characters, and secret levels.
Fractal aims to be a leading NFT marketplace and intends on overtaking OpenSea. To ensure this, they have set in plans to ensure they achieve the goal. This will open the 100,000 chosen users to opportunities that range from increased finance and access to exclusivity.
Axie Infinity
Axie Infinity is one of the most popular Blockchain gaming platforms with millions of users. It is a game universe that lets you collect, breed and train your own creatures called Axies. These digital creatures can provide a lot of real-world utility as they can be used to play the game or exchanged for other cryptocurrencies. The platform includes a user-controlled economy that allows players to buy, sell, trade, and own in-game assets that can help them fight for leaderboard rewards and SLPs in a combat. They can breed Axies by recombining existing body parts, and they may even speculate on the rare Mystics and Origins Axies.
Axie Infinity ranks as one of the top Ethereum gaming platforms and players have spent an accumulated amount of over 3 billion dollars.
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