Part 7/11:
One common thread apparent in the narrative is the lack of utility. A significant number of NFT collections fail to provide any meaningful purpose or functionality beyond ownership. Many projects, marketed as promising investments and revolutionary concepts, boil down to scams or poorly devised models that ultimately collapse. The narrator touches upon common schemes posed by NFT projects—claims of profit-sharing, dividends, and community governance—yet emphasizes that these components often do not translate into substantive returns for the average investor.