With @TarantinoNFTs announcing their launch date on Jan 17th I wanted to do a short thread on the project & why Quentin Tarantino decided to use the SNIP-721 token standard built by the @SecretNetwork to launch his #NFT project.
Imagine owning 1 of 7 #NFTs that contain never before seen handwritten scripts, notes & commentary from Quentin Tarantino related to his award winning cult-classic #PulpFiction.
Sounds amazing right? But why is it valuable if everyone can view it?
That's a fair question & a major flaw w/ traditional #NFTs. However, this is something #SecretNFTs and the SNIP-721 token standard solve.
What makes @TarantinoNFTs so valuable is both the scarcity (only 7) but also the exclusivity of being the only one to see the content.
4/🧵
With traditional #NFTs the content would be viewable to EVERYONE by default & you would have no option to make the content private or control who can view or use the content you own...
I can certainly see why an artist would have issues w/ this...