NFT Market Transformation: From Speculation to Practical Value
The once booming NFT market completed its value reconstruction in 2024. Blue-chip projects like Bored Ape Yacht Club have given NFTs actual utility through IP development and membership rights; game item NFTs have become standard accessories for blockchain games; notable increases in on-chain cases of physical assets such as real estate and art have been observed. The emerging "Dynamic NFT" technology can automatically update attributes based on changes in external data, providing solutions for scenarios such as ticketing and certification. Although trading volume has decreased compared to the peak in 2021, NFTs are shedding their speculative label and moving towards practical and functional directions, showcasing the unique value of blockchain technology in the realm of digital property rights.
