Curated Resource ( ? )

Crypto Is Cool. Now Get on the Yacht. - The New York Times

Crypto Is Cool. Now Get on the Yacht. - The New York Times

my notes ( ? )

Starts by covering the first IRL NFT/crypto conference, before seguing: "smart investors are not buying seven-figure JPEGs these days... looking past NFT artwork entirely... to Web3... decentralized internet service [running] on public blockchains, with token-based reward systems that allow users to profit from their online activities."

  • electronic health records as NFTs, seamlessly transported between doctors
  • songs as NFTs, with a share in future royalties
  • Fortnite skins as NFTs, transferable from game to game

Before turning to the exclusive party run by Friends With Benefits DAO - owning tokens required for entry: "Web3 kids trying to tear down the old social hierarchy, only to replace it with a new, tokenized one where they were on top.”

Good definition of DAO: " a new kind of leaderless crypto-club... have been described as group chats with bank accounts"

Read the Full Post

The above notes were curated from the full post www.nytimes.com/2021/11/05/technology/nft-nyc-metaverse.html.

Related reading

More Stuff I Like

More Stuff tagged dao , nft , web3

See also: Blockchain, Crypto, NFTs etc , Digital Transformation

Cookies disclaimer

MyHub.ai saves very few cookies onto your device: we need some to monitor site traffic using Google Analytics, while another protects you from a cross-site request forgeries. Nevertheless, you can disable the usage of cookies by changing the settings of your browser. By browsing our website without changing the browser settings, you grant us permission to store that information on your device. More details in our Privacy Policy.

I agree