The Metaverse platform, Metajuice, recently conducted a survey, the results of which showed that the vast majority of non-fungible token (NFT) collectors do so for prestige and uniqueness. According to the survey results, seventy-four percent of the respondents buy NFTs due to the status they provide, while thirteen percent have future plans to sell their NFTs. One of the respondents gave the reasons of being unique and standing out as motivations to buy NFTs. They said they prefer the fact that they are less likely to come across other people with identical products. John Burris, the president of Metajuice, echoed this sentiment when he said that owning NFTs to display digital items brings added value and creates a common notion of state-driven trends in the metaverse. Burris said this in response to a question about how NFT ownership for displaying digital items brings added value.

Users continue to provide a variety of explanations for why they buy non-fungible tokens (NFTs), despite current NFT sales not being as good as they were during the market peak in 2021. Raoul Pal, CEO and co- founder of Real Vision, has expressed his belief that non-financial assets (NFTs) would perform in a manner comparable to high-end housing during boom market cycles. In a video uploaded to YouTube, Pal drew parallels between owning large NFT collections like CryptoPunks and Bored Ape Yacht Club with owning cars and luxury residences. Pal is of the opinion that non-fungible tokens are quickly becoming status symbols within the crypto space, and believes that as the crypto space continues to develop, NFTs will most likely become even more valuable as symbols of prestige and wealth. .