Sublime

Over time, I believe the internet-native version of a trophy case and a walk-in closet will be collections of NFTs that commemorate important on-chain activity.

With a permissionless approach to creation, a huge number of assets on the platform, and a strong filtering system, it looks like a business encircled by subtle but significant moats.

The NFT does not by itself convey ownership of the underlying thing in either a legal or practical sense. It conveys ownership in some more metaphysical sense: If you buy a Bored Ape Yacht Club NFT, then the people who are part of the BAYC NFT community will treat you as the owner of your ape. This is essentially a social fact and can be true even ... See more

It’s a harmony of vibes: BAYC NFTs are literally valuable, so its new derivative currency feels like it should also be valuable, even though they are not explicitly financially linked. It’s like the way a simple Gucci T-shirt is expensive because the rest of Gucci’s products are expensive. The brand imparts an aura, no matter what the specific item... See more

In the spirit of progressive decentralization, SuperRare has begun routing all platform commissions and fees to a newly formed SuperRare DAO. Moving forward, the treasury will always be viewable at superraredao.eth.

Litwak said that the startup, which describes itself as the “Web3 curation layer for IRL social spaces,” is also in talks to license its membership management and fundraising software to a whole new class of so-called “social space entrepreneurs.” “The blockchain does not curate people other than [by] price,” Litwak said. “To buy a Bored Ape Yacht ... See more

Noble, Commonstock, Public, Finary — investing hobby