Non-fungible tokens (NFTs) are changing to provide greater value and utility to their creators and users, as discussed in a recent panel at the TEN by RARI x Refraction event in Bangkok. Jana Bertram from RARI Foundation highlighted that while NFTs currently empower the creator economy, future applications will operate behind the scenes, enhancing functionality without users noticing. Creators have begun integrating more meaning and narrative into their NFTs, focusing on community engagement. Educational efforts are essential for mass adoption, as highlighted by Justin Gilanyi, who stressed the need for a broader understanding of Web3 technologies beyond mere NFT minting. RARI is facilitating workshops worldwide to educate creators on decentralized finance (DeFi), enhancing monetization strategies. Furthermore, the panel emphasized 'creator-first' innovations like integrated royalties on NFTs, enabling new revenue streams and protecting creators' interests. With the resurgence of the crypto market, there is optimism for future growth in this space, reflecting an evolving landscape where NFTs can foster deeper connections between creators and their audiences.

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