TWEETSTORM is an occasional feature on decentralize.today where we share threads , mostly from Twitter, that we think deserve a wider audience, some are informative, some educational, some amusing and others yet are controversial...we dig these out for you so you don't have to!
1/ NFTs can be more than just static jpegs on a blockchain.
Dynamic NFTs provide a canvas for real-world utility.
2/ The next step in the evolution of #NFTs is just getting started. a dynamic NFT is an NFT that can change based on external conditions.
Changes to the NFT metadata are encoded in the smart contract that updates when predefined conditions are met.
3/ NFTs can be programmed in an infinite number of ways.
4/ The metadata of a dNFT representing your house can change to reflect maintenance history, past sales, and age.
5/ Retail stores can build robust, automatically executing loyalty reward programs by leveraging #Chainlink services within dNFTs.
6/ #BlockchainGaming projects can create dNFTs representing in-game characters that automatically update.
Like when the player has logged a specific amount of time played or achieved other player progression milestones.
7/ Interested and want to learn how to build your first dynamic NFT?
OG Tweet (in privacy friendly Nitter format :-))
Yeah...we're still not sure we 'get' NFTs but this is good info!