Utility

We have observed a formula: When a simple yet highly-practical feature addresses a common problem, it has the potential to become a highly-profitable product in due course.

Through thousands of convos, a conclusion came out:

🍀 NFTs do not strictly require utility. People can be drawn to them solely because of their artistic value. It's akin to choosing a phone for its interface impression rather than its superior functionality.

However, ALMOST successful blue-chip projects strike a balance between Art and Long-term Value for the owners.

In reality:

💡 Best utility = Net value hold > Net value sell.

This leads us to the question: how can the owner be motivated to HOLD rather than immediately SELL?

💡 Incentivize them beyond the Art.

The QR code [quick-response code], originally invented by the Japanese company Denso Wave in 1994 for easy tracking automobiles and automobile parts during manufacturing, serves as an illustrative example.

Now in Web3, QR codes have evolved to allow users to conveniently access different devices by scanning their QR wallets. As the number of devices people use continues to increase, the demand for seamless access from multiple devices has grown. QR codes offer a solution that can be easily plugged into limitless domains such as Payment, F&B, Travel, Ticketing,…without requiring much technical efforts.

Similarly, in the blockchain space, just solving the problem: community quest for blockchain projects that Layer3, Zealy, Quest3, Taskon,...are developing like a storm. But for many years of blockchain development, builders initially dismissed these ideas as too small to become viable products.

Until someone else does it and is approved for use.

💡 deGacha System is such a product. Web3 businesses are striving to achieve mainstream adoption for their products. By utilizing the deGacha System, they can rapidly accelerate at hyper-scale, from the mainstream market to the high-end market.

The system built at a new scale can surely maintain a sustainable benefit for the participants, especially those who own NFT Lucky early on.

In the next chapter, we lead you into the deGacha ecosystem, highlighting its features and outlining the incentives that motivate owners to hold onto their NFTs rather than sell them.