NFTs, The Creator Economy, and the Case for Hypertokenization

Written by golemnetwork | Published 2021/06/10
Tech Story Tags: nft | tokenization | blockchain | open-source | community | good-company | blockchain-technology | nfts

TLDR Cryptocurrency is permissionless, decentralized (well, at least for the most part) and community-led by nature. The token economy and the creator economy are a perfect match. The Cambrian explosion caused by these two economies colliding gave birth to multitudes of use-cases, communities and creations. NFTs are proving to be a great funding mechanism as well as a way to sell your digital art, or collectible virtual figurines and cards. These tokens are now called Social tokens. They are community-born and serve to incentivize, interact with and access communities.via the TL;DR App

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Written by golemnetwork | works at Golem Network
Published by HackerNoon on 2021/06/10