So #NFTs are everywhere - WTF are they and why should you care you ask? Here& #39;s a little thread i& #39;ve created to distill my thoughts https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">
Searches for NFT& #39;s are exploding!
And there& #39;s big money to be made in them right now... credit: @spencernoon
So what& #39;s special about NFTs?
Gimme an example? Sure thing: #NBATopShot but @garyvee & #39;s #veefreinds that were launched yesterday are probably a better example (i& #39;m very excited to see how Veefriends does btw!)
So an NFT is simply a file that lives on the blockchain
Critically, there& #39;s more to NFT& #39;s than Digital Art. Because they are files that live on the blockchain, they benefit from the qualities of the blockchain...
NFT& #39;s will enable things like access to #communities, power the future creator economy, solve problems like on-time payments for freelancers (and much more) etc.. I personally think their utility to provide access to websites will be a key use case in the near term.
If you enjoyed this thread, give me a follow. If you found this interesting / got some value from it, please feel free to DM me - would love to chat!
You can follow @nikovijay.
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