We’ve all heard it around NFTs everywhere, that magic buzzword that makes investors ape into the newest collections: “Utility”.
But ask any NFT collector what they mean by utility and you’ll get a variety of answers equivalent to the number of collections out there!
🐒 Some follow the BAYC model and provide exclusive communities, perks for future drops, ticket access, etc.
👜 Some follow the Faceless-Couture model and add physical merchandise drops connected to their roadmap
🏡 Some follow the Sandbox model and provide digital real estate tied to each NFT
🏛 Some follow the DAO-model of governance allowing holders to vote for organization decisions
What types of utility do you look for when researching NFT collections and communities? Vote and comment on LinkedIn⬇️
Why I’m bullish on Avalanche ($AVAX) in 2022🔺📈
• Low fees, high speeds (4,500 transactions per second)
• EVM compatible
• Plans for integration with Cosmos
• Avalanche’s X-P-C Chains structure is super scalable
• Apricot Upgrade — eventual pruning will help decrease size of blockchain allowing for more decentralization…
Why is it always those in the financial sector who attack decentralized finance #DeFi for being energy-intensive?
Let’s disregard the energy inefficiencies of the banking system really quick and focus on crypto models versus something small like a Visa Credit Card transaction which uses 0.00092 kWh.
This is actually a…
