2.2 Problem 2

Prevalence of P2E games and PFP projects (Lack of Utility)

The Polygon NFT market requires the development of NFT-focused tools that go beyond P2E use cases.

The current Polygon NFT market is heavily dominated by play-to-earn (P2E) games and profile picture (PFP) projects, which are primarily used for speculative trading rather than practical use cases. While these projects have gained significant popularity and generated high trading volumes, they do not offer much utility beyond their collectible or gaming aspects.

Therefore, to achieve long-term sustainability and growth in the Polygon NFT market, there is a need for the development of NFT-focused tools that go beyond P2E use cases. These tools could enable NFT creators to build more practical and useful applications that leverage the unique features of NFTs, such as verifiability, immutability, and scarcity.