NFTs Are More Than Just JPEGs. They Are The Future Of Community, Access, And Ownership

Ultimately, being able to interact with NFTs beyond trading and ownership opens up new data relationships, new monetization opportunities, new communities to dive into, and new narratives to discover. This data, the relationships, and the people behind them should not stay stuck inside walled gardens.

NFTs are new keys to internet: NFTs (non-fungible tokens) are a special kind of crypto asset where each token is unique. They authenticate ownership of any kind of digital asset. NFTs represent more than unique digital objects, they are objects described by code. As such they become programmable keys to media and gaming communities.

They are technically complex, but socially promiscuous in a way only much simpler digital things, such as plain text files or JPEGs, have been so far. As we’ve discussed, they’re also kinda content-free. They bear no necessary payloads, pointers, programmed affordances, or rights. All those things are optional extras. The NFT itself is just a token... See more