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QuasiUnaFantasia it? When a physical key is let go in an acoustic, gravity pulls, and the damper drops, where does velocity play a part?
MIDI was not designed to capture the events of digital pianos but to interconnect synthesizers and computers. In a synth, the note-off velocity can be used to control the Release component of the ADSR envelope.
In an acoustic piano the velocity of releasing a key has impact on how fast the key damper touches the strings and therefore on the sustain. This can have a noticeable impact on sound, especially in slower pieces that do not rely on the sustain pedal. Have a listen at András Schiff playing the WTC at the BBC Proms 2018 for several examples. But one could argue that this effect is minor when considering a wider repertoire.
In a digital piano, the note-off velocity can be a constant value or represent the release velocity at a given point. This feature requires measuring the time difference between a pair of key sensors - and this is the reason why DPs that rely exclusively on hammer sensors cannot implement it. As @CyberGene pointed out, some implementations, notably Yamaha's, represent the key release not as a single event but as multiple events. This better simulates the key damper mechanism of the acoustic instrument. Improvements to how series of note-off events are managed is actually one of updates to the MIDI 2.0 spec. In any case, the primary use case of note-off velocity is to control the Release of synth sounds.