It is estimated that every 20 years 95% of all digital information is lost. Before the blockchain, the concept of eternal information didn’t exist. All information is eventually forgotten if there is no active effort to maintain it, but even in that case, information remains vulnerable when it relies on trust. The amount of knowledge that we did not inherit from previous civilizations because it was not properly maintained is incalculable. How much information was lost in the library of Alexa...

It is estimated that every 20 years 95% of all digital information is lost. Before the blockchain, the concept of eternal information didn’t exist. All information is eventually forgotten if there is no active effort to maintain it, but even in that case, information remains vulnerable when it relies on trust. The amount of knowledge that we did not inherit from previous civilizations because it was not properly maintained is incalculable. How much information was lost in the library of Alexa...

An NFT is information. Specifically, it is a set of variables structured in .json format. Together these parameters make up the "metadata" of an NFT and contain all the information needed to be able to interact with it. Example:{"image":"ipfs://QmThmAZhf8ByfLZeeHgJphkBAr27ouKrQFsp9nk94iXdyb","name":"Doodle #3574","description":"A community-driven collectibles project featuring art by Burnt Toast. Doodles come in a joyful range of colors, traits and sizes with a collection size of 10,000. Each...

An NFT is information. Specifically, it is a set of variables structured in .json format. Together these parameters make up the "metadata" of an NFT and contain all the information needed to be able to interact with it. Example:{"image":"ipfs://QmThmAZhf8ByfLZeeHgJphkBAr27ouKrQFsp9nk94iXdyb","name":"Doodle #3574","description":"A community-driven collectibles project featuring art by Burnt Toast. Doodles come in a joyful range of colors, traits and sizes with a collection size of 10,000. Each...