Non-Fungible Tokens (NFTs)

1/ We’ve all heard the NFT elevator pitch. -infinite royalties for artists -ownership for communities -24/7 marketplaces -token-gated unlocks That’s all well and good, but what NFTs do next is going to 🤯 your mind. 🧵

Sorry to be a hater but as someone who has run a business around collectibles (vinyl records) and worked for independent artists... ...NFTs are just shadow money, generated by artists, passed onto consumers.