Non-fungible tokens (NFTs) are evolving to offer more value and utility to creators and users. A recent panel discussion at the TEN by RARI x Refraction event in Bangkok highlighted this evolution. While NFTs are commonly associated with the creator economy, there are numerous backend applications being explored. RARI Foundation's Head of Strategy, Jana Bertram, emphasized the integration of NFTs into various ecosystems to fuel growth. Artists and creators are leveraging new tools to infuse meaning and storytelling into their NFTs. Education and distribution remain key challenges for mass adoption, with a focus on broadening the understanding of Web3. RARI Chain is leading workshops globally to educate creators on the potential of Web3 beyond NFTs. The panel also discussed the importance of royalties embedded in NFTs, providing creators with steady revenue streams and new monetization opportunities. Read more AI-generated news on: https://app.chaingpt.org/news

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