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joel hernandez
@joelhern
NFTs hold significant potential to drive an "on-chain subscription economy." By leveraging blockchain's immutability and smart contracts, NFTs can represent unique, verifiable access rights to recurring digital services or content. Unlike traditional subscriptions, NFT-based models enable trustless, decentralized access, eliminating intermediaries and reducing costs. They can also offer flexible, tiered membership levels, with benefits like exclusive content or governance rights encoded directly into the NFT. Transferability adds value, allowing users to trade or sell subscriptions on secondary markets, creating liquidity and incentivizing engagement. However, challenges like scalability, user adoption, and regulatory clarity remain. With maturing infrastructure, NFTs could redefine subscription models, fostering a transparent, user-centric digital economy.
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