Getting started with NFTs
Non-Fungible Tokens (NFT) — Index Page
2 min readOct 17, 2021
Last updated: 5th April 2022
This will be a map of contents page of me trying to make sense of what’s happening in the NFT space that can hopefully also act as a resource for someone getting started with NFTs.
Introductory articles and a quick summary
- Currently best described as art or collectables with the potential to be more. Built upon blockchain which commoditizes trust allowing for verifiable provenance.
- A new way to signal wealth and taste. Currently little utility in owning NFTs besides speculation about their future value. NFTs may set a new standard for digital rights management and digital ownership.
- More in-depth essay about signalling and utility. Projects that have inbuilt scarcity (eg. 10,000 tokens), are one of the first of their kind and stand the test of time can become extremely valuable (see Cryptopunks).
Power to the Person — The Creator Economy, NFTs, and the Rise of the Solo Corporation
- People follow people, not companies (Related: Companies want to be people, people want to be brands). There is a shift towards individuals mattering more than institutions as a result of software tools that can enable individuals to compete with them. NFTs could…