my name: Oksana
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We are all accustomed to the fact that NFT is a non-fungible token, and since it exists only on the blockchain, it follows the immutable rule, i.e. immutable. However, the process of NFT development does not stand still and new NFT standards are being invented.
Think of yourself as a dynamic NFT as we change over time. For example, you went to the beach and you got a tan, these are the external conditions that influenced you, now in your metadata the information about skin color has changed to “tanned”. If you were a static NFT, then whether you got tanned on the beach or not, your skin color parameter would not change at all. This is the qualitative difference between static and dynamic NFTs.
The creation of dynamic NFTs has opened up new possibilities in Web3 and allowed for a lot of interesting things to be tokenized. Let’s look at the main features and advantages of dynamic NFTs:
No reissues or new NFTs needed. This will significantly simplify the work of many platforms, especially those that depend on some external conditions or are associated with our real life. With each change, the user will not have to mint a new NFT with already changed parameters. Since his picture is always relevant due to the ability to edit metadata;
Increased interest from users. This means that with the dNFT standard, projects can maintain the interest of the community longer. Since many users, especially holders or hodlers, having bought an NFT, can simply forget about it, since nothing will happen to it. Now, every change will bring with it new behavior of the market, it will revive, and sales will appear again.
dNFTs in games: A popular use of NFTs is in Metaverse virtual worlds and blockchain games such as Otherside Metaverse.
dNFT:Art NFTs are also starting to develop projects with this innovative technology.
Dynamic NFTs are really cool because your pictures are no longer just static data, but a whole living object that changes over time!
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