How To Add Utility To An NFT?
Utility NFT is the kind of NFT that has a practical application worldwide. It defines one of the famous phrases, that is, “real-world use case.”
There are various ways to add utility to an NFT:
• Make your NFT redeemable: Redeemable products, whether physical or digital, are associated with some of the best NFT utility ideas. If you are an artist, provide a specific painting that can be redeemed when someone purchases your NFT. People always love to get access to original and rare art; this will make your NFTs into utility-based NFTs.
• Connecting the NFT to the real world: If you are connecting your NFT to the real world, it means the NFT has more value than other NFTs. You can offer a percentage of dividends to the holders of your NFT after some specific time. This way, you can explore real-world areas where your NFT contributes value.
There are five different types of utility NFTs: fantasy sports NFTs, gambling NFTs, Social NFTs, Community NFTs, and in-game NFTs.
how to add utility to an nft, what is a utility nft, what is nft utility, what is an nft utility, what is utility in nft, how to create utility for nft, how to add utility to nft
Explore most asked questions and answers related to NFTs from here: Best Questions And Answers On NFT