How to value NFTs
In just a few months, “NFT” has practically become a household term in 2021. Trading volume surged past $10.7b in Q3. Visa bought a CryptoPunk for $150k. Quentin Tarantino announced he was auctioning never-before-seen scenes of Pulp Fiction as NFTs. Taco Bell, Burger King, McDonald’s, and Pizza Hut minted their own NFTs. Clearly, NFTs are here to stay; while many have explored different methods of classifying and valuing fungible tokens, few people have considered a framework for value driver...
How to value NFTs
In just a few months, “NFT” has practically become a household term in 2021. Trading volume surged past $10.7b in Q3. Visa bought a CryptoPunk for $150k. Quentin Tarantino announced he was auctioning never-before-seen scenes of Pulp Fiction as NFTs. Taco Bell, Burger King, McDonald’s, and Pizza Hut minted their own NFTs. Clearly, NFTs are here to stay; while many have explored different methods of classifying and valuing fungible tokens, few people have considered a framework for value driver...
Recent Trends in Token Distribution
IntroductionSince the summer of 2020, the DeFi ecosystem has been experimenting with progressive decentralization – that is, the process by which founding teams of token-based startups relinquish control of their networks over time. Of course, crucial to that process is the distribution of tokens. In this piece, we’ll be diving into three of the key trends we are seeing in token distribution, with some actionable guidance for early stage teams. Until recently in DeFi, token distribution usual...
Recent Trends in Token Distribution
IntroductionSince the summer of 2020, the DeFi ecosystem has been experimenting with progressive decentralization – that is, the process by which founding teams of token-based startups relinquish control of their networks over time. Of course, crucial to that process is the distribution of tokens. In this piece, we’ll be diving into three of the key trends we are seeing in token distribution, with some actionable guidance for early stage teams. Until recently in DeFi, token distribution usual...
How to value an NFT
In just a few months, “NFT” has practically become a household term in 2021. Trading volume surged past $10.7b in Q3. Visa bought a CryptoPunk for $150k. Quentin Tarantino announced he was auctioning never-before-seen scenes of Pulp Fiction as NFTs. Taco Bell, Burger King, McDonald’s, and Pizza Hut minted their own NFTs. Clearly, NFTs are here to stay; while many have explored different methods of classifying and valuing fungible tokens, few people have considered a framework for value driver...
How to value an NFT
In just a few months, “NFT” has practically become a household term in 2021. Trading volume surged past $10.7b in Q3. Visa bought a CryptoPunk for $150k. Quentin Tarantino announced he was auctioning never-before-seen scenes of Pulp Fiction as NFTs. Taco Bell, Burger King, McDonald’s, and Pizza Hut minted their own NFTs. Clearly, NFTs are here to stay; while many have explored different methods of classifying and valuing fungible tokens, few people have considered a framework for value driver...
DAOs Will Define 2021 - Derek Walkush - Medium
Decentralized Autonomous Organizations (DAOs) are communities of tokenholders dedicated to the long-term success of a protocol through a shared mission based upon codified rules on the blockchain. Unlike traditional companies, DAOs are transparent, permissionless, and global, reflecting broader qualities of blockchain technology itself.Source: AragonMany ignore the more human organization layer when examining the crypto ecosystem, and instead focus heavily on the technology (granted I make so...
DAOs Will Define 2021 - Derek Walkush - Medium
Decentralized Autonomous Organizations (DAOs) are communities of tokenholders dedicated to the long-term success of a protocol through a shared mission based upon codified rules on the blockchain. Unlike traditional companies, DAOs are transparent, permissionless, and global, reflecting broader qualities of blockchain technology itself.Source: AragonMany ignore the more human organization layer when examining the crypto ecosystem, and instead focus heavily on the technology (granted I make so...