Every Type of NFT Utility Explained | DAO, Staking, Burning, Breeding, Utility Tokens and More!

As the crypto markets go on run and ethereum price is soaring the nft space is moving slow. In this video I breakdown what common utility projects are using to stand out in this fast paced landscape. People have started stigmatizing DAO’s due to the whole daoturtles being taken off open sea. I believe every NFT project should be utilizing a DAO to handle governance in their communities. We are seeing a lot projects and founders innovate in this space but also a lot of bad actors using these pieces of utility as a buzzword to reel people in. Today’s video i breakdown each type of utility and explain how they work.