NFTs Were Supposed to Protect Artists. They Don't. - The Atlantic

In the early days of social media, companies made blogging technologies with the promise that writers would be able to communicate directly with their readers. This pattern played out in industry after industry. But these changes left creators at the mercy of companies far more powerful, far more ruthless, and far less accountable than the record l... See more

There’s only one exception to the lack of interest in blockchain apps today: apps for trading cryptocurrencies themselves. What results is an almost hermetically sealed economy, whose currencies exist only to be traded and become derivatives of themselves. If you squint, it looks like an absurd art project.

One major challenge is that the blockchain has, at present, approximately zero uses for the typical consumer. Theoretical uses abound, but no ordinary person is choosing a blockchain-based technology over its traditional counterpart. More than a decade after blockchains first caught tech geeks’ eye, not a single smartphone app that you use with fri... See more