1/ 🧵
#NFTs are gaining attention as flippable collectibles.
But the use-cases are endless for “tomorrow.”
Let’s dive into the future of #NFT:
#NFTs are gaining attention as flippable collectibles.
But the use-cases are endless for “tomorrow.”
Let’s dive into the future of #NFT:
2/ Today: #NFTs as collectibles. #cryptopunks were first.
Punks jump-started the #pfp movement with the help of @iamDCinvestor’s hoodie punk, which was one of the first featured as a twitter pfp.
Notable punk acquisitions:
- Jay-Z
- @obj
- $Visa
Punks jump-started the #pfp movement with the help of @iamDCinvestor’s hoodie punk, which was one of the first featured as a twitter pfp.
Notable punk acquisitions:
- Jay-Z
- @obj
- $Visa
3/ Then came along @boredapeYC
The PFP movement continued; then, many copied the #BAYC formula
= Art + Web3 Development + Marketing
Some do this better than others.
BAYC + #BAKC + #MAYC is the gold standard.
The PFP movement continued; then, many copied the #BAYC formula
= Art + Web3 Development + Marketing
Some do this better than others.
BAYC + #BAKC + #MAYC is the gold standard.
4/ Tomorrow: #NFTs as Real Estate.
Wrap your mind around a property being tokenized, providing a 1-2% "royalty" on every secondary sale, in perpetuity.
The buyer of your home decides to sell? Boom, fees in your pocket.
Your grandchildren will thank you.
Wrap your mind around a property being tokenized, providing a 1-2% "royalty" on every secondary sale, in perpetuity.
The buyer of your home decides to sell? Boom, fees in your pocket.
Your grandchildren will thank you.
5/ #NFTs as music.
The music industry has a lot of middlemen. Record labels are required to get exposure, yet take huge cuts of profits.
Imagine a future in which music artists fractionalize songs as an #NFT, then allow profit-sharing for the holders.
@3lau pioneering
The music industry has a lot of middlemen. Record labels are required to get exposure, yet take huge cuts of profits.
Imagine a future in which music artists fractionalize songs as an #NFT, then allow profit-sharing for the holders.
@3lau pioneering
6/ #NFTs as event access.
Teams can issue tickets as NFTs with a secondary sales fee. This incentivizes ticket buyers to go to events rather than scalp.
@garyvee is “Crushing It” with @veefriends
Teams can issue tickets as NFTs with a secondary sales fee. This incentivizes ticket buyers to go to events rather than scalp.
@garyvee is “Crushing It” with @veefriends
7/ Historic moments happen often in sports.
Home runs, points scored, touchdowns, goals. Ticket stubs become collectible in these cases, providing potential value to the attendee and the team.
@mcuban agrees
Home runs, points scored, touchdowns, goals. Ticket stubs become collectible in these cases, providing potential value to the attendee and the team.
@mcuban agrees
8/ #NFTs as brand builders
Easily recognizable art and free-use policy is the beginning for widespread brand awareness. Communities form to speculate on value.
Easily recognizable art and free-use policy is the beginning for widespread brand awareness. Communities form to speculate on value.
9/ The brand gives away airdrops of tokens/#NFTs, event access, or private channel access in Discord.
Gold Standards:
@cyberkongz
@boredapeYC
@garyvee’s @veefriends
Gold Standards:
@cyberkongz
@boredapeYC
@garyvee’s @veefriends
10/ #NFTs as social identities
The flex is moving away from a staged Instagram photo, away from “fake.”
The truth lies on the blockchain.
The ultimate flex may be publicly verifiable #cryptopunks or #fidenzas.
The flex is moving away from a staged Instagram photo, away from “fake.”
The truth lies on the blockchain.
The ultimate flex may be publicly verifiable #cryptopunks or #fidenzas.
11/ As you can see, there are so many use-cases for #NFTs, and I plan to provide more #NFT-centric content in the future.
So if you learned something, or just found this interesting, please like, retweet, and/or follow me, @creigh_creigh.
@AnthonyOhayon do you agree?
So if you learned something, or just found this interesting, please like, retweet, and/or follow me, @creigh_creigh.
@AnthonyOhayon do you agree?
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