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How Web3 Platforms Are Expanding Utility Across NFTs, DeFi, Digital Entertainment

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TL;DR:

Web3 development has accelerated through 2025 as platforms look beyond speculative trading and focus on practical utility. Projects that once revolved around simple NFT drops are now rolling out features The post How Web3 Platforms Are Expanding Utility Across NFTs, DeFi, Digital Entertainment appea...

Key Points:

  • How Web3 Platforms Are Expanding Utility Across NFTs, DeFi, Digital Entertainment
  • Related to defi, nft in the crypto space

    • Background:

    Decentralized Finance (DeFi) refers to financial services built on blockchain networks that operate without traditional intermediaries like banks. DeFi protocols enable lending, borrowing, trading, and earning yield on cryptocurrency assets through smart contracts.

    Why It Matters:

    DeFi represents a fundamental reimagining of the financial system, offering permissionless access to financial services globally. DeFi developments impact how value is exchanged, stored, and utilized in the crypto ecosystem, driving innovation in financial products and services.

    How Web3 Platforms Are Expanding Utility Across NFTs, DeF... | NewsCR