PAAL AI (PAAL) is an AI-focused Ethereum-based crypto project offering custom virtual assistants, AI trading, content creation, audits, and more.

 (AI) and machine learning (ML) are undoubtedly the hottest current topics in the world of crypto, and in the entire business world, for that matter. Riding the wave of wild AI enthusiasm, AI-focused blockchain projects and coins are experiencing unprecedented growth. Projects like Artificial Superintelligence Alliance (FET), 

 (AGIX), all focused on the AI sphere and its use cases, have been receiving massive attention from users and industry observers.

Another high-profile AI-oriented crypto project, Paal AI (PAAL), has also benefited from the niche's surging popularity. As of late December 2024, the project has grown to occupy one of the top spots in the crypto market's category of AI agents.

While the majority of other AI-focused blockchain projects specialize in one or two specialized applications of the technology, Paal AI has taken a more comprehensive approach. The platform offers a wide variety of AI products and services, including task automation through AI bots and agents, AI-driven content creation, crypto trading supported by AI algorithms, automated 

 audits and AI model training using outsourced GPU processing power. 

At the platform's core is a service that allows users to create intelligent AI bots and agents to automate various complex tasks and business processes. However, a quick glance at the platform's overall product line clearly demonstrates that Paal AI aims to leverage AI technology for many different things, all at the junction of AI and blockchain technologies.

 (DApp) that offers crypto users a variety of AI-powered products and services, with the core product being an easy-to-use functionality to create custom AI virtual assistants.

 In addition to this service, the platform features various other products supported by AI algorithms, including AI-driven content creation using images and video, crypto trading automation, cryptocurrency market insights, automated smart contract audits and even AI model training via GPU power rentals.

The platform's diverse product line also includes the user-friendly Paal AI Web Widget, which can be integrated into any website. It offers a chatbot that delivers information and insights on the crypto market, and even conducts general online searches.

Another key product devised by the project is Paal as a Service (PaaS), a customized way to address the AI needs of various industry sectors, including online betting, trading, digital collectibles and more.

The Paal AI platform was launched on Ethereum in June 2023. The project's only publicly identified co-founder is mononymously known as 

. As of December 2024, Paal AI is among the top five leading crypto projects in the AI agents niche, with a market cap exceeding $280 million.

Paal AI Studio is a web application that provides a user-friendly interface for interacting with its diverse range of AI tools. It has four primary modes: MyPaal, Explore, Creative Lab and Agents.

The first mode, MyPaal, allows you to create AI bots with personalized knowledge bases and traits. Bots created via this mode can be used for custom applications and business processes requiring specific domain knowledge.

The second mode, the aptly named Explore, lets you browse through and select pre-built AI solutions that fit specific business needs. You can choose a suitable solution and use it out of the box, or configure it to better suit your specific task automation requirements.

Creative Lab mode provides AI tools to help you create content using images and video. This capability may be useful for creators whose content requirements involve rich media beyond textual information.

The last mode, Agents, lets you easily create and deploy 

 for various task automation and workflow optimization purposes.

MyPaalBot is an AI service that lets you create your personalized bot to carry out various tasks, including delivering information on the crypto market, trading automation and more. You can create your own personalized bot through the Paal AI Studio interface, and customize it for specific domains and tasks.

MyPaal can interact with users such as online community members, automate processes and integrate into platforms like Telegram and the Paal AI Web Widget. Bots created with MyPaalBot can engage in discussions with you, just like the ubiquitously popular 

. However, the difference between Paal-based bots and ChatGPT is that you can customize the former for specific domains, including cryptocurrency and trading, while the latter is simply a general-purpose chat bot, albeit a powerful one.

PaalX is the platform's solution for AI-powered crypto trading. It offers models, automated trading strategies and tools to help traders at all experience levels. Using PaalX, you can place manual orders, set up AI agents to execute automatic trades, track specific tokens using AI-based tracking tools, analyze the crypto market and access trading alerts.

In addition to its trading tools, PaalX offers access to a knowledge base and an FAQ section, as well as the opportunity to engage with other platform users via Telegram.

PaalX's user-friendly interface allows you to specify your manual order configuration in great detail, with options to set key parameters, such as trade sizes based on the percentage of available balance, the percentage of gain to close an order for take-profit and stop-loss levels based on token price fluctuations, and maximum tolerable 

If you'd like to automate your trading, PaalX lets you easily set up an AI agent, specify basic parameters — and then sit back and let your AI trading assistant execute your prespecified strategies.

Ask.Paal is an AI chatbot that delivers market insights, in addition to real-time analytics for cryptocurrency and blockchain projects and assets. You can ask it anything related to the crypto market or blockchain industry, or browse the featured projects listed on its interface for more in-depth information.

Ask.Paal offers the user a choice between different large language models (LLMs), such as PaalGPT, IBM

 and others. You can experiment with different LLMs to select the one that provides the most robust crypto research and fits your preferences in terms of its conversational style and knowledge.

There are also plugins available for Ask.Paal to extend its base functionality. Some of the more interesting plug-ins include Narratives Plugin, a tool to explore or create community-validated narratives about the crypto market or hot crypto trends; Voice Output, which allows Ask.Paal to respond to your queries in voice rather than text; and Image Search, which delivers infographics and visuals related to specific crypto projects or assets.

Audit.Paal is a solution to help you audit specific tokens and smart contracts for research and fraud detection purposes. Your personal AI agent scans the projects and assets you specify to identify issues like potential honeypots, 

 prevalent in the cryptocurrency world. For each token you query, Audit.Paal provides comprehensive analytics related to token permissions and potential vulnerabilities. You can also access your audit history and pending audits for efficient audit management.

As of December 2024, Audit.Paal is capable of scanning and analyzing assets on Ethereum, 

. Paal AI also provides an API to help developers integrate Audit.Paal into their platforms.

Deploy.paal is a service that lets AI model developers rent GPU processing capacity from the Paal AI platform on a flexible, per-use basis to train AI models and run AI algorithms. Training and running AI models often requires significant processing power, especially considering the ever-increasing user demands on AI-supported functionality. The amount of data typically used for model training and inferences is substantial. At the same time, hardware processing capacity is quickly becoming a scarce resource.

Using Deploy.paal, developers can access significant GPU capacity on a flexible and affordable basis to train and run their AI models. The platform offers two primary machine instances via the cloud to run GPU-intensive tasks: g4dn.xlarge and g4dn.2xlarge. One hour of processing by these machines costs $0.07 and $0.10, respectively. Developers pay only for the amount of time they utilize these resources; there are no lock-in contracts or initial setup fees, making Deploy.paal a convenient and cost-effective way to train and run AI algorithms.

Deploy.paal users can also scale their machines up and down anytime, depending on their current capacity requirements. Overall, Deploy.paal is probably among the most flexible GPU renting services in the 

 (NFT) collections for its user community. In August 2023, during the platform's first months of operation, Paal AI released the free Beta Bots collection, consisting of 213 NFTs, each dedicated to a step or milestone in the evolution of AI. Initially, the NFTs were distributed to community members for free, though they’ve since become available for purchase on the secondary market through 

The second collection, PaalX Bots, was released in March 2024 and consists of 1,000 items, each one opening access to a range of benefits and perks on the platform. PaalX Bots NFT holders can enjoy various benefits, such as trading on PaalX with no transaction fees, earning a share of trading volume revenues and accessing advanced trading options. NFTs from this collection are also available on the secondary market through OpenSea.

The platform's native cryptocurrency, PAAL, is an 

 token issued on the Ethereum blockchain. PAAL mainly provides access to AI products, agents and various functions on the platform. It can also be used to unlock special features or qualify for reward distributions.

The PAAL token is supply-capped, with a total and maximum supply specified at 1 billion.

Another key functionality of the PAAL token is 

. PAAL stakers can earn competitive APY rates by locking their funds in the platform's staking pools.

As of the time of this writing (Dec 26, 2024), you can select three staking periods — 14, 28 and 56 days, with the longer commitment periods offering higher APY rates. Currently, the platform offers APYs of 3%, 10% and 15% for 14-, 28- and 56-day staking periods, respectively.

The project funnels any token buybacks of PAAL into its staking pools to boost reward rates and earnings for stakers.

The PAAL token is available on Bybit's Spot market as a 

As of Dec 26, 2024, the PAAL token is trading at $0.3385, or 60.7% lower than its ATH of $0.8598 on Mar 10, 2024, and 737,122% higher than its ATL of $0.00004587 on Jul 24, 2023.

Long-term price forecasts for PAAL are bullish. DigitalCoinPrice 

 $0.81 in 2025 and $2.32 in 2030, while CoinCodex 

 that the token will trade at $1.507 in 2025 and $1.319 in 2030.

You might consider investing in the PAAL token based on the following factors:

Naturally, before investing in PAAL or any other cryptocurrency, you’re encouraged to do your own 

AI and ML technologies are currently fueling massive growth in the cryptocurrency industry. A cursory look at crypto market data reveals that AI-linked coins are currently among the most popular assets, attracting investors who aren't shy of risk in search of high rewards. Since its launch in mid-2023, Paal AI has steadily gained its footing among the top crypto projects dedicated to the AI agents subsector. As we move into 2025, the platform's comprehensive set of AI products and services will be its key differentiation point, potentially helping it cement its place among the most popular AI cryptocurrencies.

The PAAL token is currently off the head-spinning heights it climbed to earlier in 2024, a development that’s quite characteristic of many other AI cryptos. While this indicates that the wild, unbridled enthusiasm for these assets is receding, overall interest in these cryptocurrencies will likely remain strong, albeit at more realistic and objectively justified levels. 

With interest in AI — particularly AI agents — expected to thrive in the years to come, Paal AI has every chance to solidify its already respectable market position.

Intermediate

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PAAL AI (PAAL): Customizable Virtual Assistants Tailored for Your Needs

WhiteRock has introduced a direct tokenization platform for securities listed on the NYSE, Nasdaq, and LSE, connecting traditional finance with decentralized finance (DeFi). 

Daily Top Performer — Urolithin A (URO)

The S&P 500 was closed on Wednesday. Coindesk Indices, an index measuring broader cryptocurrency market performance, was up by 0.32%, with Bitcoin rising by 1.88% and Ethereum dropping by 0.70% in the past 24 hours.

Today's top performer is URO, which surged 43.6% following the announcement of Pump Science's tokenomics design and $BIO airdrop for $RIF and $URO holders.

Urolithin A (URO), launched in November 2024, is a meme coin on Solana blending humor with decentralized science (DeSci), inspired by a compound linked to mitochondrial health and longevity. It combines entertainment with scientific exploration for a unique crypto proposition. 

: first, the completion of its tokenomics design, where 5% of future token supply will be allocated to holders of existing tokens ($RIF, $URO), rewarding long-term holding with new token launches. Second, $BIO will be airdropped to $URO and $RIF holders, pending governance approval to bridge $BIO to Solana, with more airdrops under consideration. Tokens held on centralized exchanges will not count for the airdrops.

Check Out the Latest Prices, Charts, and Data of 

WhiteRock has introduced a direct tokenization platform for securities listed on the NYSE, Nasdaq, and LSE, connecting traditional finance with decentralized finance (DeFi). The platform allows over 500 stocks to be traded on-chain, with a weekly trading volume exceeding $100 million. It offers transparency, regulatory compliance, and products such as tokenized assets, the $WHITE token, and USDX stablecoin. Upcoming phases include a lending platform, expanded use of USDX in the DeFi ecosystem, the launch of a decentralized exchange (WhiteX), and the tokenization of additional assets like real estate and commodities.

Yesterday, the Bitcoin Spot ETF market was closed for the holiday.

, offering a double airdrop opportunity for Berachain and Stakestone. Depositors receive beraSTONE, which can later earn $MORPHO tokens on Morpho. Withdrawals are locked until April 2025, but beraSTONE is tradable on Uniswap. Deposits of at least 0.2 ETH are recommended for larger airdrop rewards.

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WhiteRock Launches Tokenization Platform Bridging Traditional Finance and DeFi

Streamflow is a token management infrastructure with a convenient interface that allows users to design and release personal tokens. Learn more here.

As the crypto market expands, there’s also a growing need for support products. Streamflow is a service that aims to simplify the process of token management. By allowing people to create and manage tokens — no matter the level of their technological skills — Streamflow helps to diversify the 

 space. In addition to providing some helpful services, Streamflow also offers some advantages for investors. Explore this guide to learn more about Streamflow and the upcoming STREAM token launch. 

 is a token management infrastructure. Its convenient interface allows users to design and release personal tokens. The Streamflow system can manage everything from token vesting schedules to token staking rewards.

Streamflow was founded in 2021 by a team of cryptocurrency enthusiasts and developers. The lead founder of Streamflow, Mališa Stanojević, initially worked at Toptal as a full-stack developer. However, in his time working with various startups, Stanojevic realized there was a need for more curated token management systems. 

Since its creation, the project has helped over 5,000 organizations launch cryptocurrencies, and now has over 1 million users. Streamflow has also 

 from reputable investors, such as Solana Ventures and Hypersphere. 

Streamflow was created to address security and convenience issues with current token launches. Its creators noticed that many users were wary of new crypto projects, due to 

. At the same time, many businesses were cautious about entering crypto spaces because new technology can seem overwhelming. 

Ultimately, Streamflow's main goal is to create a 

 way to manage crypto. It hopes to align stakeholders’ and token holders’ interest in order to create a system that’s mutually beneficial. To do so, Streamflow has prioritized the creation of a streamlined process that helps users with every step of creating, launching, vesting and 

 tokens. Unlike less transparent systems, Streamflow promises an 

, data-accessible experience with real-time updates.

 for the smooth flow of its token management system. 

The base layer, the Protocol Layer, consists of a set of 

Next, the Infrastructure Layer includes a variety of software development kits and application programming interfaces (APIs). These programming modules handle the automation tasks that run the smart token contracts on the Protocol Layer. 

Finally, the Business Layer is the user-facing layer. It consists of easy-to-understand buttons and menus that users can click on to operate various decentralized token management tools.

People who use Streamflow for their token distribution, token vesting and token management have access to many different features. Following are ways the ecosystem can help you manage a token project.

Streamflow lets users set up completely automatic token vesting schedules. The ecosystem will unlock tokens for clients and transport tokens to their recipients' wallets immediately. 

If a company wants to distribute tokens via an 

, Streamflow can help. Its system can handle millions of recipients in minutes, and supports both 

Streamflow’s staking platform enables users to encourage community participation and build token stability. With just a few clicks, token providers can set up rewards for token holders who don’t wish to trade their tokens. Streamflow's customizable system provides token locks and rewards for any Solana token.

Companies can also choose to permanently or temporarily lock away their own tokens in a 

. Streamflow provides complete transparency and security so organizations can easily build trust with their users. 

Companies that wish to handle payroll through a cryptocurrency system can use Streamflow's payment automation system to set up one-time or recurring payments to employees, contractors and suppliers. 

In addition to managing tokens, Streamflow can also help users create tokens. Its minting services guide people through everything from choosing a chain to figuring out distribution. 

Streamflow's services are all easily handled through its project dashboard. The on-chain, data-accessible dashboard ensures users have full access to token contracts and schedules. It provides both convenience and transparency so users always know exactly what's happening with their tokens.

Since its creation in 2021, Streamflow has already achieved a lot. In addition to helping multiple companies with their token distributions, Streamflow has also successfully managed its own upcoming STREAM token launch. Once the upcoming STREAM token is fully released to the public, Streamflow plans to enhance its system's technological features. Some of Streamflow’s many 

 that allows token holders to participate in decision-making for the platform. Holding the upcoming token unlocks access to exclusive areas on the platform and lets people enjoy premium services. The STREAM token will have a total supply of 1 billion, which the company will distribute according tothe 

After initially launching at around $0.18, the STREAM token’s price has decreased to around $0.1073 as of Dec 26, 2024. However, despite the decline in value, CoinMarketCap 

 a bullish outlook for STREAM. Not only is there a possibility for more ecosystem growth, but the token might also benefit from an overall bullish market with prices that rise around the holidays. 

The STREAM token is still too new for detailed price analysis. However, it is getting some positive buzz on social media. Crypto influencers like Stock Investor 

 the token a little, and it's also had some 

. Overall, these social media trends support the idea that an eventual price increase is likely to occur for STREAM.

Looking to trade Streamflow tokens? Bybit now offers the STREAM/USDT Spot trading pair. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

To celebrate this listing, Bybit is holding two exclusive events where you can earn a share of the 

STREAM does have some potential if you like investing in crypto companies. Its ecosystem has reliable backers and a history of solid development. Furthermore, the token has a lot of utility within a system that's providing a valuable service to consumers. 

However, the STREAM token launch didn't go quite as well as some token holders had hoped. With declining prices right after release, the token has struggled to make headlines and generate interest. Of course, there's always the likelihood that STREAM prices will rise in the future, but if you're looking for the hottest up-and-coming token, this one might not work for you. 

Ultimately, STREAM does have a place in certain portfolios, but it's important to invest thoughtfully. Make sure you 

 market conditions carefully and avoid overextending yourself financially to buy STREAM or any other altcoin. 

Streamflow’s platform enables users to take control of their token management. By offering a broad range of decentralized token management tools, Streamflow ensures that even those people without a background in crypto can easily release crypto projects. Though the organization is still in the early days of its token launch, the upcoming STREAM token is likely to attract some fans of streamlined web3 design.

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Streamflow (STREAM): Simplifying Token Distribution for Projects

Our weekly crypto derivatives analytics report delves into macro events, the current state of crypto and trading signals from spot trading volume, and futures, options and perpetual contracts.

December's end-of-year options expiration is poised to be significant, with over $525 million in options contracts set to expire this Friday (Dec 27, 2024) for BTC and ETH. However, volatility expectations remain low and have been more responsive to recent spot price movements. Realized volatility has surged as spot prices fluctuate within their recent range, yet short-term options haven’t kept pace with this increase. 

While ETH's volatility structure has inverted, BTC's hasn’t reacted similarly after the recent U.S. elections. Additionally, funding rates across cryptocurrencies have shifted into a new market phase, occasionally dipping into negative territory alongside declines in spot prices. In terms of perpetuals , funding rates have moved from neutral to intermittently negative, aligning with spot price movements. Meanwhile, among options, BTC's volatility structure has been less responsive to spot changes, whereas ETH short-term options are exhibiting significant fluctuations at elevated levels. 

Please check out the report’s highlights.

Market Hasn’t Factored in BTC Options Expirations Volatility 

For the third time this month, spot prices have shown higher realized volatility than that implied by 1-month-tenor constant maturities. Each occurrence has eventually led to a decline in realized volatility, as implied levels have remained relatively stable. Open interest in BTC options continues to be high, contributing to a significant end-of-year options expiration, with approximately $360 million in put and call contracts set to expire. 

This week nearly marked a full inversion of the at-the-money volatility term structure, highlighted by a spike in front-end volatility on Dec 21, 2024. However, the elevated level of realized volatility hasn’t triggered a similar inversion to that seen with ETH.

Realized volatility has surged above implied volatility, as spot prices have fluctuated sharply between $3.2K–$3.6K. After a strong mid-week inversion, the resulting term structure is relatively flat. Despite its changing shape, levels haven’t risen significantly above the range maintained over the past month. As we enter the final week of 2024, open interest remains predominantly in call options, although put options are experiencing the majority of trading activity as the year comes to a close.

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Bybit X Block Scholes Crypto Derivatives Analytics Report (Dec 24, 2024): Volatility Remains Muted Ahead of Friday’s Mega Options Expirations

Bybit Learn

NFTs have use cases beyond memeable JPEGs. From fashion to music, these utility NFT projects will blow you away.

Few things have captured the imagination of cryptocurrency investors the way NFTs have. First introduced in 2012 with Vitalik Buterin’s 

 project, these unique digital assets have soared in popularity in recent months. With the introduction of 

 in 2017, more people became fascinated with NFTs. Today, the NFT utility industry is thriving. Recently, an NFT sold for an eye-popping 

, and that’s just the beginning. NFT use cases are evolving and changing. No longer merely JPEGS, GIFs and memes, utility NFT projects have quickly taken the top spot as the “next big thing.” 

NFT applications might just be the key to the future, tracing ownership, defining properties, and granting unique behind-the-scenes access to token-holders.

Utility NFTs are non-fungible tokens that represent access, opportunities or other benefits for their holders. As with other NFT applications, NFT use cases hold value based on their scarcity as well as a clearly defined value, and tend to appreciate in value over time. Utility NFT projects are classified according to type, and they feature a variety of practical applications, granting access to airdrops, exclusive opportunities, invites, exclusive experiences, and early access to events or products.

Blockchain technology provides a permanent immutable record, storing information and creating a clearly identifiable and publicly accessible record. NFT utility assets represent anything unique, granting users and creators more flexibility and options than ever before. These projects can be powered by smart contracts, which require that certain conditions are met before transactions can be finalized. This eliminates the need for a trusted third party and enables 

The concept of NFT utility isn’t necessarily a new one. The general public has typically viewed non-fungible tokens as a type of “digital trading card,” often representing art, game characters, or other digital content. They can also be digital receipts which represent ownership of a specific digital or real asset, or a digital record that includes metadata related to NFT applications.

This emerging NFT utility technology has captured the imagination of millions of people, and the practical possibilities of this technology are virtually endless. Since the earliest days of humanity, we’ve enjoyed collecting things and connecting with others who collect those same items. NFT applications make it easy to do just that. With increased NFT utility, token holders can collect specific items, often with built-in rarity or scarcity, and share them with a community of others who own similar items or who share similar interests. 

The concept of NFT utility goes far beyond collectibles, however, and is beginning to extend into a variety of real-life scenarios.

NFT use cases are still emerging, with new scenarios coming out every day.They offer an almost unimaginable array of options — not just for gamers and investors, but for everyday people. These novel NFT use cases can give us new ways to identify, track and simplify our day-to-day movements.

Massive interest in NFT applications has led to a booming market of crypto-collectibles and NFT art. Investors, developers, entrepreneurs and creators are discovering new real-world applications for managing assets, logistics, sensitive data and more through the magic of NFT applications. The burgeoning field of NFT utility is ripe for harvest with new applications and experimental use cases appearing each day.

NFT utility products can be designed specifically as a way to record product authenticity, storing product data such as rarity, history and origin. Users may even be able to trace the manufacturing process to understand its path from origin to finished product, or ensure various aspects of production, such as fair trade. Consumer products are one possible and popular option for NFT use cases, but commercial and industrial NFT use cases aren’t far behind.

Wondering how NFT enthusiasts are pushing the boundaries of how we can use NFTs in society today? Here are some examples of utility NFT projects we’re excited about.

The concept of digital fashion isn’t new. Gamers have long had the ability to purchase digital clothes and accessories to add flash and flair to their characters and avatars. Digital fashion is evolving, however, along with the options for accessing and owning it. 

Today, users can access a vast array of virtual fashion pieces to use and “wear” on avatars by such top gaming names as Sony, Epic Games and Activision Blizzard, and on various social media networks. As NFT utility technology transforms the business, so will its options — ranging from virtual fashion shows you can attend in the comfort of your bedroom, to immersive first-class retail shopping experiences that grant you behind-the-scenes access to all of your favorite brands.

MIRL is one of these virtual fashion options. This creative, decentralized autonomous organization has more than 4,548 MIRL “Personas” ready for investors who want to get in on the FashionFi narrative early. Keen on being part of the MIRL hype? Check out 

, home to these MIRL Personas. To find out more about what makes 

, to see how MIRL is revolutionizing the world of crypto.

Gaming is among the best-known uses for NFTs. From metaverse to play-to-earn models, gaming naturally pairs with NFT applications. Gaming NFTs are available in a wide array of genres, ranging from casual farming, collectible role-playing games and RPGs to deeply immersive strategy simulations — allowing for cross-platform playability, in-game trading, instant transactions, brand expansions, and exciting new revenue streams.

While play-to-earn gaming NFT utility models are certainly popular, gaming NFTs run the gamut, and you might need to dig deep to enjoy everything a particular game has to offer. However, as with other NFTs, once you’ve earned or purchased your own gaming NFTs, you’ll have part ownership in the game, and can trade or sell those same tokens within the game. Some games even provide you with the ability to exchange gaming NFTs across various platforms in exchange for real money.

You might already be familiar with the idea of gaming NFTs in the form of 

, an RPG in which players can raise and breed a variety of little monsters, each of which inherits various traits from its ancestors. Axie monsters are collective and tradable both in-game and via NFT applications and marketplaces, with rare Axies having vastly higher worths than more common ones.

NFT use cases have the power to transform the ticketing industry. The 

 is believed to have originated in ancient Greece, but it wasn’t until the 1700s that theater managers began to offer prepaid tickets, allowing them to better control the flow of theater traffic. Paper tickets came on the scene about a century later and were often highly decorative that became collectibles in their own right. Around 2010, paper tickets began being phased out, and were replaced with digital tickets or QR codes. These tickets are fast and convenient, and they reduce paper waste. However, the lack of collectibility is frustrating for some users. 

Ticketing NFTs combine the best of paper tickets and QR codes. You can enjoy top-quality security with a ticket that’s easy to access and scan. With these types of NFT use cases, event organizers will be able to mint a specific number of NFT utility tickets on a particular blockchain platform. The ticketing NFTs can sell for a predetermined price or at auction. Once purchased, they’re held in a wallet accessible via mobile device, which can then be scanned

When it comes to NFT use cases, ticketing is one of the most flexible, granting event organizers the ability to mint the required number of ticketing NFTs on their choice of blockchain platform. They can code the ticketing NFTs to set a sale price, or run the sale as an auction, where people can start a bid for tickets.

Customers then purchase NFT utility tickets and keep them in their wallets, which can be accessed from their mobile devices. Customers may also have access to a variety of other benefits through NFT applications, including safe storage, a community of those with similar interests, and limited-edition perks and incentives.

In the world of utility NFT projects, ticketing can be done using a unique ID, much like a QR code, which is then scanned. This reduces paper use and makes tickets easy to verify using a scanner at one or more checkpoints. You can keep your ticketing NFTs at the event’s conclusion, however, and depending on the type of the event or NFT use cases, it may continue to provide access to other events or members-only communities.

With the proliferation of the metaverse, digital land is becoming increasingly popular. You might be familiar with the concept of digital property through projects such as 

 can be used for a wide range of activities, including advertising, hosting experiences, socializing, gaming or achieving goals. NFT applications are used to trace ownership, purchase via smart contract, and conduct various business on virtual properties.

While it’s easy to imagine NFT applications in conjunction with virtual property, it might be harder to wrap your mind around the idea of NFTs and real estate. However, the reality may be closer than you think. 

In the real estate industry, NFT applications can be used to represent physical properties. 

 can be linked to map coordinates, prices, measurements, historical ownership and more, making it virtually impossible for bad actors to tamper with various essential details associated with the property. 

Real estate NFT applications can be used to store land deed data and proof of ownership, track property value data, simplify and speed transactions, and allow for smart contracts to complete sales more effectively with minimal risk of sensitive data exposure.

The right utility NFT projects can also grant exclusive access to various communities. Also known as access NFTs, or NFT utility tokens, this type of non-fungible token grants ongoing access to content and communities in either the digital or physical world. One example would be the 

, with an NFT utility token that grants exclusive membership to a special yacht club.

Each unique ape is randomly generated, using more than 170 potential traits including clothing, accessories and facial expression. Apes are stored as tokens on the Ethereum blockchain, and each has the same cost: 0.08 ETH. Once you purchase your ape, you have access not just to avatars and art, but to a community with benefits that grow with time. Your Bored Ape NFT utility token will open doors in the community as you discover new opportunities and dip your toes in new swamps.

Membership in the club grants you access to other members-only spaces, including:

 competition. This game is played as a virtual food fight between the bored apes and the mutant apes.

Music NFT applications are a blockchain-based way to purchase the music you love. Instead of buying a track through another platform, you can purchase the track as an NFT utility token. Why would you choose NFT applications over MP3s? NFT utility applications offer not merely the music, but ownership in the asset. In other words, you own the file, which is original and provably unique.

The most obvious benefit of music NFT applications is that artists can earn valuable royalties. Called Limited Digital Assets, or LDAs, artists can directly share streaming royalty revenues with NFT-holding fans. Sound.xyz is one of these music NFT applications, creating new ways for listeners and music to connect for a more collaborative music experience. 

 is built on Web3 technology. It’s designed to give listeners more (and more effective) ways to directly support their favorite artists, discover emerging new artists, launch listening parties, and create their own musical culture.

Art has been one of the first and most popular uses for NFTs. NFTs make it possible to both tag and track digital and physical art for better identification, authentication and tracking of various pieces. While you might not think of your profile picture or 

 as art, it can be — especially when you opt to use an NFT.

Increasingly, social media platforms are making it possible for users to show off their unique style with NFT profile pictures. To do so, simply connect your profile with your crypto wallet, which will enable you to display your own NFT utility art as your avatar — thus marking you as the owner of that particular NFT. It can be a fun way to show your flair!

Blockchain technology and NFTs are increasingly making the impossible possible, and using the power of the blockchain to support their communities, including:

These NFT use cases are all indicative of exciting new utility NFT projects on the horizon. They may pave the way for even more new NFT use cases and projects that can make our lives easier or more enjoyable, connecting us with new people, new collectibles and new options.

The benefits of NFT utility and the diversity of NFT use cases are growing quickly. As more people discover this, they’ll become more popular, and we’ll see even more creative ideas and use cases emerge. However, at this time, NFT applications are still very much in their infancy, and many new utility NFT projects still need to be more fully fleshed-out to become viable ideas with quantifiable, real-world value.

Utility NFT Projects: NFT Use Cases Beyond JPEGs and Memes

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