NFTs can and should be used for existing products.
Launching NFTs allows start-ups and established companies to access premium features, find power users and raise capital.
These NFTs will allow companies to get user feedback, generate marketing power and determine what users want.
At Degrain, we believe people paying $X for an NFT should receive more than $X value - for example, our fractionalized revenue sharing NFTs backed by real world contracts.
Bored Ape Yacht Club have created value for holders of their NFTs through the development of an exclusive club membership, additional NFT collectibles, airdrops and more.
Otherwise, why would anyone invest into a NFT in the first place