One of the keys to NFTs will be portability across mediums. A Twitter blue check can’t exist on Instagram, but the NFT equivalent of a Twitter blue check can — and deliver credible authenticity, thanks to that NFT deed. This is the metaverse vision of interoperability that could help make digital belongings feel similar to physical belongings.
I was a serf, a voiceless and expendable user at the base of a virtual fiefdom. The longing for sovereignty over my networking stack was connected to deeper desires. I may not own my own home or feel that I have much say in the direction of the country, but online, at least, I would have both freedom and agency.
But at least one thing has always felt clear to us: If you want to try and do something fun, strange and special on the internet, it helps to owe nothing to anyone but your readers.
Maybe there isn’t much we can do about legislation or swaying big tech shareholder decisions, but there’s a lot of fun to be had on the feed. The feed is not safe, but posting has not been taken away from us yet.
Digital belongings exist on the internet, but there aren’t that many types of them. On Fortnite you can acquire guns and outfits. On Reddit you gain badges. Point is: There’s a lot of stuff on the internet, but there isn’t much stuff that’s yours.
If you try to make your online presence more lore-worthy in order to be legible to these platforms, you could end up falling asleep at thewheel of the algorithm. You might even wake up one morning to find that the fancamyou liked to imagine watching you has suddenly become real.
Web3 creates tools where this becomes practical. Allowing us to opt-in and out of value systems that add to our identities and contribute to understanding who we are and what is important to us
“How do you exhibit that? Does that create a new economy for artists? Does that require new governance structures between the institution and the artists exhibiting that work? How do we show people how exciting this is?”