Markets
- Ticketing
- Documentation
- Media
- Identity
- Events (live)
- Gaming
- Music
- Sports
- Books
Obstacles
- You don’t understand the psychological value of owning art
- Try to find something more practical than psychological value
Concepts
- Ownership
- Psychological value
- Programmable NFTs
- Programmable money
- Fungability: value/price is obvious to everyone
- Ex. All loonies are the same value, not all diamonds are equal
- Token: unique identifiers stored on blockchain that’s assigned to an owner
- DAO: Decentralised Autonomous Organisation
- Shared identity
- Social currency
Benefits
- Blockchain = single point of truth
Analogies
- Merit badges
- Hand stamp or bracelet in live events
- University student card
- Hospital wristband
- Game/virtual marketplace
eBooks
- Transfer of ownership
- Benefit to og source upon resales
- Limiting supply in order to increase resale
