All About Affordable NFTs

Why do people buy NFTs? | Project: Amber Vittoria

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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…

     

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