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. 🧵

NFTs = property rights We just added property rights to the internet, a place w/ 4.6 billion ppl What happens when you add property rights to an economy that didnt have any? in 1978 China (1.2b ppl) added property rights to its economy, 40 years later = worlds... See more