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Aram Mughalyan Aram Mughalyan is an Influencer

Simplifying web3 for the 99% | Helping web3 projects scale and grow | LinkedIn Personal Branding Coach | Crypto Native and Web3 KOL | Shirtless Ultramarathoner

When we think of NFTs, we mostly think of static ape jpegs. But there's a new type of NTFs emerging: Dynamic NFTs. The problem with regular NFTs is that all the data they contain can't be updated. Many use cases such as tokenizing real world assets or building blockchain based video games require data to be constantly updated. This is where Dynamic NFTs (dNFTs) come in. They have a smart contract that allows it to automatically change its metadata based on external factors using oracles like Chainlink. Here's an interesting use case for a tokenized Tesla dNFT. Its metadata is constantly updating to reflect things like: - Mileage - Market value - Service record - Accident history - Ownership history This makes the car's history on chain and tamper-proof for both current and future owners. dNFTs have the potential to revolutionize many traditional industries. The next wave of the NFT boom is going to be based on real-world use cases rather than ape jpeg collectibles. Video source: Chainlink Follow 👉 Aram Mughalyan & share ♻️ this post if you like it.

Marnie Silver

Headhunter || Blockchain | Web3 | Working with people who want to change the world

1mo

This is the STUFF!! ❤️😎

Martin Petkov

Content Marketing @ Cyfrin: World-class web3 education, tools, and security audits | "Metaverse AI" trilogy author

1mo

Now, we're talking utility.

Mohsin Ali

Crypto Trader | Social Media Marketing Expertise | Graphics Designer

1mo

I always wanted to use NFTs in real estate and government or absolute documents but D-NFTs getting my hopes skyrocket. I thought i m too early than NFTs get recognised but now i got some hope.

Olena N.

Co-founder @PortalBunny | Leading innovation for Creators & Fans

1mo

Aram Mughalyan Dynamic NFTs sound like a game-changer! Real-world utility and constant updates open up endless possibilities beyond collectibles. Exciting future ahead! 🚀

Akachukwu Chukwuma

Tech(Web2 & Web3) Content Curator • Tech Tutor • Ethical Hacker (in-view)

1mo

Insightful I first heard about Dynamic NFTs during the Lacoste's UNDW3 season

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Aman Kumar

राधे राधे 🙏 I Publishing you @ Forbes, Yahoo, Vogue, Business Insider and more I Helping You Grow on LinkedIn I Connect for Promoting Your AI Tool

1mo

Love this insight! dNFTs will truly bridge the gap between digital and real-world assets!

Evaldas Girskus

Protecting Founder's Equity by Unlocking Revenue-Growth for Startups | Mitigating Investor Risk through Strategic Portfolio Support | Helped 300+ Founders Build Startups | 3 x Founder | Advisor | Board Member

1mo

Very interesting! I watched an episode about NFTs the other day. So many people got scammed by their idols. It's a crazy world we live in.

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Usama L.

Blockchain & SaaS Developer | B2B Expert | 🚀 Achieved $18M ERC-20 Market Cap | 💰 Raised $10M in Funding | 💸 Generated $1M in NFTs | NFT Creator | Python Developer | Smart Contracts | Ethereum | Solidity

1mo

This is decentralized future.

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Alexander Guseff

Making Crypto Spendable | Founder & CTO at Tectum and SoftNote | Building world's fastest blockchain and SoftNote

1mo

Aram Mughalyan finally someone is trying to unlock the true potential of NFTs!

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