How a pipe-smoking alien became the 'digital Mona Lisa'

Anyone who hasn’t stepped foot in one of these festivals might think “there’s no scarcity in digital art because you can right click save the jpeg.” But what the right clickers don’t get, is that this will be both technically and socially impossible in the metaverse, where digital art, avatars, land, etc. are all seamlessly tied to blockchain recei... See more

what purists miss in their devotion to the collective is that all communities start with an individual creator. After all, the yield farming token YFI is the brainchild of Andre Cronje, the founder of Yearn Finance; FWB was hatched by Cooper Turley, who leads crypto strategy at Audius, and Brud CEO Trevor McFedries, the co-creator behind the digita... See more

8. Intellectual property will become less defensible in the short term but it is still cultural gold. From “my kid could do that” to “right click and save,” new media from the early 20th century onward has been poorly received. As W. David Marx writes of NFTs in Dirt, “whether or not this particular NFT bubble bursts, we should take them seriously ... See more

- I can’t help myself but seeing the current blockchain ecosystem as a neo-bauhaus, where new creators + leaders are emerging, teaching and changing the landscape of finance, design, art, music, culture forever

And clearly, there was a latent demand for people who wanted to own work from their favorite creators, and creators who wanted to sell things directly to their fans. That kind of combination was really potent.