Ask HN: Using NFT's to raise capital for a startup?

We are video game and product designers who founded an AI startup with a really solid brand image. Recently we have been developing utility NFT's with the ability to leverage our algorithms in a way that is excluded from our first product (a mobile app). What are your opinions on NFT's as a way to raise capital alongside the traditional VC pipeline, as well as the validity of NFT's as a value producing asset?