• Somerefriedbeans@lemmy.ca
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    1 year ago

    I’ll just use a small example… Let’s say you have an NFT for a online casino project. Simply holding the nft in your wallet will give you a weekly payout (certain percentage of profits for that week/month)

    I use this example because nfts can have many different uses. Another would be gated communities/gated access to online services. Hope that helps it make sense a little

    • dsemy@lemm.ee
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      1 year ago

      All the examples you give are things that can be done (and are done in practice) without NFTs, and you don’t really explain why using NFTs would be better.