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When you look at the history of NFTs, 2020-2023 was the digital collectibles craze. Yet in the wake of this period, we've increasingly seen NFTs used as infra.
In other words, infra NFTs primarily provide a utility of some sort rather than being traded as onchain Veblen goods.
Big up-and-coming examples here include Polymarket's Conditional Token ERC-1155s, Virtuals Protocol's Immutable Contribution Vault NFTs, and Flaunch's Memestream revenue NFTs.
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