Digital collectibles are one-of-a-kind blockchain-based assets. Because their authenticity and ownership can be verified by the blockchain, owning digital collectibles is similar to owning physical collectibles such as artworks or memorabilia.
What utilities or advantages do digital collectibles have?
- Digital collectibles are available in a wide range of media formats such as artwork, music, or gaming items.
- Digital collectibles may have real-world utilities such as access to events or to exclusive offers or platform features.
- Communities are built around digital collections, bringing people of shared interests together.
- Digital collectibles have real-world value which are determined by many factors, including their rareness and desirability in the current market.
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