Current NFTs are Without Purpose
The issue with such NFTs is that they are created with minimal dimensionality. Specifically, many high-priced NFT art assets and collectibles have very little to no utility, offering zero engagement for their owners and no long-term value creation potential. They are relinquished to sitting in their owner’s wallet with literally no use.
And yet NFTs are designed to be more than just stationary digital assets. They are engineered with the support of their blockchain ecosystems, enabling them to be interoperable with decentralized applications, or integrated with blockchain programs of their own[3]. They enjoy the capability to support the full features of the blockchain ecosystem performing functions that standard fungible tokens are not capable of delivering.
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