a lot of NFT projects do overpromise and underdeliver. But I think it’s important to remember that not all NFTs are meant to be utility driven or treated like equity. To me, NFTs are more like luxury items or collectibles in Web2 like high end designer bags. People buy them for different reasons: because they like how it looks, because it has cultural value, or because it’s rare and might appreciate over time. Some just enjoy collecting them just like art collectors do with physical art. It’s not always about floor price or yield. Same with art irl people don’t buy a painting expecting it to "deliver value" beyond the emotional or cultural meaning it holds for them. That said, I totally agree that project teams still have a responsibility. Even if the NFT is positioned as art or culture first, there should still be a long term vision and value creation not fake promises, not pump and dumps. You can sell art without utility, but you still need intent and effort behind the scenes to make it meaningful. So for me, it’s not about the utility, it’s about building with the right mindset.