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Non-fungible tokens (NFTs) is one of those markets still to undergo its first mass adoption wave. Have a look at these NBA NFTs. Some have made 50x returns in two months on these.
Forget about the 15K price tag for a second ... how cool are these? https://www.nbatopshot.com/listings/p2p/3a0ae6ce-f22e-4d98-b1fe-906f859df983+e8a2bd7c-07e1-4bbb-a4b6-ec9851433f0f
Forget about the 15K price tag for a second ... how cool are these? https://www.nbatopshot.com/listings/p2p/3a0ae6ce-f22e-4d98-b1fe-906f859df983+e8a2bd7c-07e1-4bbb-a4b6-ec9851433f0f
Of course I could just save the video into my computer with two clicks, but it's not the same. I could also have a poster of the Mona Lisa at home.
Demand to own art/content in NFT format will be massive.
Demand to own art/content in NFT format will be massive.
Here's an idea: onlyfans' influencers storing private shows in NFT format for their fans. Then in a few years the tech could allow making interactive NFTs, letting fans relive the moment.
Today I introduced two old friends to crypto. And when I got to NFTs I told them:
"It doesn't matter if you think it makes sense or not, it doesn't matter if you think it's a good or a bad idea ... what matters is understanding that many others will think it is great"
"It doesn't matter if you think it makes sense or not, it doesn't matter if you think it's a good or a bad idea ... what matters is understanding that many others will think it is great"
You should have seen their faces when I was explaining flash crashes, degenerate traders, leverage, perpetual swaps, funding, the futures curve and the carry trade.
Another idea that will make a coder *millions*: get an OpenAI algo that generates art and turn the output into NFTs.
Yes - everything will eventually be digitized. That includes official/government documents. https://twitter.com/TheAthleticAca1/status/1353213704314056753?s=19
Of course need to address privacy limitations first. Not such a big obstacle.
Great thread on Top Shot 
https://twitter.com/andy8052/status/1353390784071004163?s=19
https://twitter.com/andy8052/status/1353390784071004163?s=19
