NFTs and digital collectibles are experiencing a rise in popularity after the new winter. What then drives people to make NFT investments? NFT investors often buy NFTs for their utility and potential for long-term profit, according to a recent study. Therefore, providing the user with a concrete benefit may be advantageous for the NFT marketplace for digital collectibles. Despite the fact that interest in technology, social good, and community involvement all matter, the study finds that utility is the most crucial element.
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