[Yizahi]

- ENS - yes

- art - no

- collectibles - no

- loans - as in "loan your NFTs"? Technically yes, but since NFTs are worthless bullshit it is kinda pointless.

- stablecoins positions - please elaborate, never heard this idea before

- use accounts - no

- other on chain assets - yes

- other off chain assets - no

tl;dr - NFTs themselves lack any ability to provide proof of ownership, transfer IP rights, or hold custody simply because it is technically impossible. Any cadaver constructs which allows this are inevitably an additional centralised systems which do all the actual work and actually store digital data. NFTs are fifth leg in a horse - pointless and useless. (DNS records alone of course don't justify NFT existence)

[676234e117]

Have you ever purchased art or collectibles? It does not entitle you to IP rights or transfer any IP rights to you.

Loans and DeFi - see Uniswap issuing ERC721 Liquidity Pool tokens.

User accounts - exact same mechanism as ENS, but different namespace specific to a protocol. See Lens protocol for example.