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What is an NFT actually used for?

I am here to learn more about nfts and defi in general, I want like to get a better understanding of nfts and what utility or use case they have.

Can anyone help?

Top comments (2)

lee profile image

Hey there, there are many interesting use cases for nfts. Some of them are business focused or investments based Basis Markets, some are collectables or status symbols with utility (BAYC). Some are also used for metaverse access and blockchain powered online games such as Crabada and Star Atlas.

Hope that helps.

jake234 profile image
Jake Author