What are utility NFTs, and why do they matter?

Utility NFTs are more than just collectibles; they are powerful tools for unlocking access, rewards and unique experiences.

Utility NFTs are digital assets that offer owners value through attached perks, specified privileges, rewards and experiences.

Nonfungible tokens (NFTs) became massively popular in 2021, initially captivating imaginations with their association with high-priced artwork and exclusive collectibles. Though NFTs have been around since 2014, 2021 was the year that they broke into the mainstream, disrupting digital collectibles and the art world. 

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