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Virtual Asset Utility

Definition

Virtual asset utility refers to the practical functions, benefits, or services that a digital asset provides within a blockchain ecosystem or virtual environment. This goes beyond speculative value, encompassing uses such as governance rights, access to exclusive content, payment for services, or as a medium of exchange within decentralized applications. The utility of a virtual asset is a key determinant of its long-term demand and fundamental value. It represents the functional purpose a token serves.