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IOTA
$1.18 -1.02%
MIOTA · 2w

People are asking what is the utility of SMR? Here’s one simple use case- buying early release NFT’s.

There will be hundreds of cases of utility. But I think this is a super simple, obvious one. If someone asks why would someone buy a testnet NFT? Just look at IOTABOTS I seen someone in discord pay 100mi for one of those and this is on the current old testnet. An artist wants to build hype/ his brand in the community. They release a few early release NFTs which will port to the mainnet when ready. Investors get in early and can maybe sell for a profit when it hits the mainnet. People will need SMR to get in on the action. Hey presto, utility.
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