Five New Frontiers for NFTs

Other companies are exploring how NFTs could be used in establishing and recording people’s identity and reputation online. MIT recently started offering blockchain-based digital diplomas, which are effectively non-transferable NFTs. Meanwhile, both established players like Facebook (now Meta) and new ventures like POAP and koodos are providing way... See more

NFTs give us new tools to solve this problem — by representing previously infinitely-reproducible creative works as scarce, tradable digital assets. This means that artists can now sell a scarce digital asset representing an essay as a unique collectible or artwork, while the content itself remains open and freely accessible