Digital Native | Rex Woodbury | Substack

As more of our lives move online, the ability to own scarce digital items is only becoming more important, and the NFT-based digital asset market will increasingly mirror the luxury market. An authentic Birkin bag is able to fetch prices hundreds of times higher than the exact same bag in knock-off form because owning the real thing says something ... See more

8. Intellectual property will become less defensible in the short term but it is still cultural gold. From “my kid could do that” to “right click and save,” new media from the early 20th century onward has been poorly received. As W. David Marx writes of NFTs in Dirt, “whether or not this particular NFT bubble bursts, we should take them seriously ... See more

On his blog, gaming company founder Kyle Russell envisioned a successor to Marvel’s cinematic universe popping up on a project like Loot: Assuming the project’s originators went with the direction of the Loot zeitgeist, all of this would be [intellectual property] that could be re-used and remixed by anyone. That might sounds crazy — isn’t the... See more