NFT Utility Classification — current and prospective trends
Since the non-fungible token (NFT) market numbers hit the news back in 2021, many web3 enthusiasts and tech experts have dedicated posts and articles to explain what NTFs are and how they work. So significant was the hype that NFT was named the Word of the Year by CollinsDictionary and soon became one of the most discussed topics worldwide. The massive market growth, with individuals making millions of dollars on trades, and huge valuations with a 69 million dollar art auction made the tech c...
NFT Utility Classification — current and prospective trends
Since the non-fungible token (NFT) market numbers hit the news back in 2021, many web3 enthusiasts and tech experts have dedicated posts and articles to explain what NTFs are and how they work. So significant was the hype that NFT was named the Word of the Year by CollinsDictionary and soon became one of the most discussed topics worldwide. The massive market growth, with individuals making millions of dollars on trades, and huge valuations with a 69 million dollar art auction made the tech c...
Tokenization Is Eating the World
The world is becoming increasingly tokenized. Similar to how Marc Andreessen described the way in which software was eating the world in 2011, tokenization has led to the emergence of a whole new industry and era of technology and entrepreneurship known as web3. Despite the headlines and market conditions today in June of 2022, the web3 ecosystem has seen unprecedented growth over the last 13 years, growing at a 270% CAGR. Source: a16z 2022 State of Crypto Report Over the past two years, we h...
Tokenization Is Eating the World
The world is becoming increasingly tokenized. Similar to how Marc Andreessen described the way in which software was eating the world in 2011, tokenization has led to the emergence of a whole new industry and era of technology and entrepreneurship known as web3. Despite the headlines and market conditions today in June of 2022, the web3 ecosystem has seen unprecedented growth over the last 13 years, growing at a 270% CAGR. Source: a16z 2022 State of Crypto Report Over the past two years, we h...
Why I don’t believe in the Blockchain technology narrative
This is a kind-of, sort-of follow-up to “Why I don’t believe in the Web3 narrative” Because I work on and around the Metaverse, people often ask me about blockchains and are quite surprised when I dismiss them as extremely limited technology, surrounded by false narratives.Why is Blockchain?To explain my opinion, I won’t start with what a blockchain is, but why they exist in the first place. Technology is all about decision making to create a solution optimized to solve a specific problem. It...
Why I don’t believe in the Blockchain technology narrative
This is a kind-of, sort-of follow-up to “Why I don’t believe in the Web3 narrative” Because I work on and around the Metaverse, people often ask me about blockchains and are quite surprised when I dismiss them as extremely limited technology, surrounded by false narratives.Why is Blockchain?To explain my opinion, I won’t start with what a blockchain is, but why they exist in the first place. Technology is all about decision making to create a solution optimized to solve a specific problem. It...
7 BEST tools for building your NFT community (2022)
Are you in the process of building an online community? If you are, the skills you are learning now will take you far in the near future. Research by GovLab.org has discovered that in 11 out of the 15 nations surveyed, the majority of people said the most important group in their lives is primarily online. Forty-six percent of Americans say their most important group is online. In Brazil, among those with access to the internet, it’s 50 percent online and 13 percent in person. With more immer...
7 BEST tools for building your NFT community (2022)
Are you in the process of building an online community? If you are, the skills you are learning now will take you far in the near future. Research by GovLab.org has discovered that in 11 out of the 15 nations surveyed, the majority of people said the most important group in their lives is primarily online. Forty-six percent of Americans say their most important group is online. In Brazil, among those with access to the internet, it’s 50 percent online and 13 percent in person. With more immer...
We’re drowning in subscriptions. The subscription economy might just get disrupted.
We are drowning in subscriptions! In fact, we might be at a tipping point when the subscription economy gets disrupted (or is less abused). ~7 years ago, Zuora’s investor pitch deck opened with “We now live in a subscription economy.” They coined this term. Just a few years ago, the subscription business model was disrupting traditional monetization models of annual prepaid contracts and monthly postpaid bills. Monthly micro-subscriptions caught fire because of: • Low cost for customers to tr...
We’re drowning in subscriptions. The subscription economy might just get disrupted.
We are drowning in subscriptions! In fact, we might be at a tipping point when the subscription economy gets disrupted (or is less abused). ~7 years ago, Zuora’s investor pitch deck opened with “We now live in a subscription economy.” They coined this term. Just a few years ago, the subscription business model was disrupting traditional monetization models of annual prepaid contracts and monthly postpaid bills. Monthly micro-subscriptions caught fire because of: • Low cost for customers to tr...