Blue-chip NFT owners explore alternative uses as sales decline

Image of the physical artwork of "Bored Ape #2967" created by Bored Ape Yacht Club, left, and "Mutant Ape #1933" created by Mutant Ape Yacht Club, both available for sale as an NFT, displayed at a CoinUnited cryptocurrency exchange in Hong Kong, China, on Friday, March 4, 2022.

Blue-chip NFT holders who have “strong beliefs” in their NFTs are finding new ways to utilize their assets without selling.

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