Introducing UTILIFY
Enjin introduced Utilify, a blockchain collaboration platform that connects creators, brands, and developers, allowing them to create NFTs that feature expanding utility across many projects.
Designed as a network of interconnected projects, Utilify enables everyone from creators to brands, games and apps to collaborate and make their items useable in a myriad of ways.
Using non-fungible tokens (NFTs), there is virtually no limit to the number and type of utilities items can unlock in numerous realms. Projects can take advantage of existing NFTs and communities by merging with collaborating dApps, and users can discover new games and apps to explore with their NFT collections.
Utilify is an incredible new place to discover a network of interconnected services and products based on true digital ownership.
Utilify is a unique platform where NFT creators meet utility providers to connect content across decentralized apps (dApps).
Now, for the very first time, creators, brands, and dApps can explore, cooperate, and build distributed asset networks leveraging a rapidly growing ecosystem of cross-usable NFTs.
With NFTs come scarcity and true digital ownership, making them the ideal medium for digital collectibles. Numerous dApps, creators, and artists have minted millions of NFTs to bind them to specific content and provide transferable ownership rights.
On its own, this feature dramatically changes the way we value, consume, and transfer digital content.
However, the true superpower of NFTs goes far beyond these attributes, and lies in their decentralized nature.
Currently, most NFTs have little-to-no utility, often provided by the same entity that originally created them. In the case of a dApp, access to content is granted when the user verifies ownership of the related NFT via a blockchain wallet.
This is a key distinction from conventional apps, where access is managed through centrally controlled user accounts.
Since they are decentralized, user-owned, and publicly managed, a third-party dApp is enabled to offer permissionless additional utilities. The exciting aspect of this feature is that there is no limit to the number or type of utilities NFTs can unlock in numerous realms.
This enables unprecedented possibilities to merge digital products and services into cooperating networks (as initially envisioned and described in the Enjin Multiverse).
By touching upon existing NFTs and communities, projects can join ecosystems of collaborating dApps, and attract new users by providing complementary utilities and extended use-cases while adding value to the NFTs.
Users, on the other hand, can explore the utilities of their NFTs, stay up to date, and get notified whenever new utilities have been added to their assets.
On Utilify, projects can create, view, and connect NFT Blueprints and Utilities across dApps.
NFT creators (e.g., dApps, brands, artists, content creators, streamers, celebrities) can use the platform to add third-party utility to their NFTs to benefit their holders with additional use-cases.
Likewise, utility providers (e.g., video games, services, platforms, events, online stores) can offer utilities for specific NFT blueprints to benefit and attract their holders.
These connections are initiated with cooperation requests sent between the projects to establish a new link within an ever-growing asset network.
What is Enjin?
Enjin offers an ecosystem of integrated blockchain products that that make it easy for everyone to create and use NFTs of the future.
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