NFT Unpack

In the long run, the market will need to contend with the transaction and environmental costs currently associated with using crypto technology. We will also need to establish more explicit legal frameworks around NFT ownership, and clarify how NFTs relate to existing forms of ownership rights — especially around intellectual property. At the same ... See more

We’re already primed to pay real money for digital goods, be it a skin in Fortnite or an animation pack in Roblox, but the value of those items is limited as they’re only usable within the walled garden of the game. With the arrival of NFTs we’re now able to explore new ways to create, share, buy and sell digital goods, that are both platform agnos... See more

That’s a 100x improvement over how most virtual goods are bought today - through centralized, siloed platforms like gaming giants where scarcity is in the eye of the gamemaker alone. Contrast that with NFTs, which 1) connect users to a universe of creators 2) for lower fees while 3) giving both parties provable ownership of their virtual assets acr... See more