Why do people buy NFTs? | Project: Amber Vittoria

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…

Affordable project: Memories of a masterpiece by Amber Vittoria 

NFT NewsBitmark Raises $5.6M, Launches Interoperable NFT Wallet 

OpenSea co-founder Alex Atallah to leave company, remain on board 

How a fake job offer took down the world's most popular crypto game 

How Solana, Polygon and HTC’s New Crypto Phones Compare - Decrypt