New Internet logic

That’s a 100x improvement over how most virtual goods are bought today - through centralized, siloed platforms like gaming giants where scarcity is in the eye of the gamemaker alone. Contrast that with NFTs, which 1) connect users to a universe of creators 2) for lower fees while 3) giving both parties provable ownership of their virtual assets acr... See more

For decades we’ve assumed that online items were less valuable than physical ones, and internet participation was more about connecting the physical to the digital and managing your physical life online. With NFTs, that responsibility has changed. Not only has the digital world been completely untethered from the physical world, but we are now able... See more

Over the next twenty years, NFTs will transition from novel to normal. I think we’ll look back and wonder how commerce happened at all without digital ownership, a liquid, always-on global marketplace, and items that come with experiences baked in. As with the internet, the companies that dismiss NFTs and web3 will be left behind.