Governance NFTs are unique tokens that give holders a say in decision-making processes within a project or platform. Unlike standard NFTs, which often represent art or collectibles, governance NFTs focus on enabling community participation and influence.When someone holds a governance NFT, they typically gain voting rights on various aspects of a project, such as changes in protocol, funding allocations, or feature implementations. This can foster a sense of ownership and community involvement among users.The structure of governance may vary widely. Some projects use governance NFTs as a way to reward loyal supporters, while others employ them to stimulate discussions and gather diverse opinions. This participatory approach can enhance transparency and trust within a community.In summary, governance NFTs are tools that empower users to actively engage in the evolution of a project, aligning interests and encouraging collaboration among participants.