A new report from Activate Technology reveals that the non-fungible token (NFT) and the metaverse are over, with both sectors needing specific corporate interest in the future.

The future holds new use cases for NFTs to help companies build brand loyalty, while the metaverse will need sustained corporate development.

According to a new report released by the company, NFTs have passed their bubble peak. Consequently, the advertising surrounding the space will gradually decrease.

NFTs will become mature products, with blockchain and Web3 bringing more utility to the tokens. Companies will also take advantage of the space to build communities around their brands. Buyers will also benefit from a sense of ownership.

Starbucks already offers the Starbucks Odyssey experience that…