Thread by @lysergin33

Dynamic NFTs on #ICP will be massive, no doubt.

Dynamic NFTs are a type of non-fungible token (NFT) that can be updated or altered after they are created.

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Unlike traditional NFTs, which are immutable and cannot be altered after minting, Dynamic NFTs can have their information or data modified, making them more flexible, programmable, interactive, and adaptable.

For example

You can create a Pet Cat as an NFT that would grow over time or can have its facial expression change according to its Moods or how much food(tokens) you have fed them.

ICP’s Canister smart contracts have variable mutability.

It means the smart contract code or data can be updated or modified by its controller at any time.

However, they can also be made immutable by setting the controller to a black hole or turning the control over to a DAO

This combined with hyper-efficient Canister smart contracts, is a perfect catalyst for Dynamic NFTs on-chain.

One common use case for Dynamic NFTs is in the creation of digital collectibles, where the value of the collectible can be enhanced by updating its attributes or features over time.

I expect to see Personal AI Assistants that could be trained and owned as an NFT on-chain.