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How NFTs are creating a generational divide between platforms
More NFTs will unlock certain perks or privileges, making them not a fad but a long-term asset that both delivers and accrues value. The holy grail will be shifting the $150 billion virtual goods market—largely comprised of microtransactions in Robux (Roblox), V-Bucks (Fortnite), and Minecoins (Minecraft)—onto blockchain so that digital assets you ... See more
Rex Woodbury • Why NFTs Aren't the Next Asset Bubble - by Rex Woodbury - Digital Native
Madrid said that Hong Kong-based Animoca Brands shared a vision in that both companies are interested in blockchain, the decentralized ledger that brings transparency and security to cryptocurrencies such as Bitcoin and Ethereum. Pixowl is in the midst of creating a blockchain version of The Sandbox, Madrid said. Blockchain is particularly relevant... See more
Dean Takahashi • Animoca Brands acquires Sandbox game developer Pixowl for $4.875 million
That brings us to the other aspect of the cultural touchpoint — tokens. Robux are tokens in a virtual economy, similar to tokens on a blockchain. By creating an ecosystem that runs on virtual tokens, Roblox is essentially priming our kids to understand the nuances of the token economy. The only difference right now is that they can’t purchase their... See more
Tabarak Khan • Roblox is at the Nexus of Digital Currencies & the Creator Economy
There are mixed feelings about this idea- plenty of NFT artists are excited about monetizing images, plenty of people shrugging and saying it is fake ownership and doesn’t change anything about how files work online anyway (tbd- we’ll see how this settles out in legal spaces), and plenty of people horrified to see artificial scarcity imposed on dig... See more