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'What Dynamic NFTs Can Do ' by ShaanRay web3 dynamicnft

A Dynamic NFT or dNFT, is a type of NFT that can change some of its inherent properties based on external conditions. These changes are recorded and added to the metadata of the NFT.

In a Dynamic NFT, smart contracts provide instructions on how the dNFT’s metadata should be changed given a triggering event based on external data through an oracle or an on-chain event. elements to change, smart contracts would have to be put in place to pull data from APIs or oracles relating to the events in question.

In-game character progression, where new levels or traits are unlocked as the character progresses in a game, and this data can be stored in the metadata of a Dynamic NFT.

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