Through the sales of goods like concert tickets and access to gatherings or events, utility NFTs have already incorporated themselves into the web. However, the potential of NFTs is even more than this. Utility NFTs are anticipated to have a bigger impact on real estate transactions. To streamline the closing process and ensure that papers are safeguarded against fraud, destruction, theft, or loss, the deed to a home, for instance, might be an NFT rather than a physical document.
The same logic might be used to justify other significant purchases, such as vehicles. The blockchain creates a system of extreme transparency as the whole transaction history for that specific item is recorded in the digital ledger of the blockchain.
As you can see, the potential of adding utility to NFTs is enormous, as it will make the future safer.