Financial Apocalypse, PUNK6529, and a Blockchain-Based Hollywood Social Club | Decentralized Arts
banklessdao.substack.com
Dear Bankless Nation, We’ve been tracking non-fungible tokens (NFTs), the underlying technology, and their adoption for almost two years. Though NFTs have been around since 2014—the first NFT to be minted was “Quantum” on the Namecoin blockchain—their prevalence didn’t come to fruition until 2017 when the ERC-721 standard was accepted and implemented by the Ethereum community. Since then, NFTs have arguably become more popular than cryptocurrency itself, leading many to speculate on whether or not the true value of blockchain technology lies in NFTs.
Financial Apocalypse, PUNK6529, and a Blockchain-Based Hollywood Social Club | Decentralized Arts
Financial Apocalypse, PUNK6529, and a…
Financial Apocalypse, PUNK6529, and a Blockchain-Based Hollywood Social Club | Decentralized Arts
Dear Bankless Nation, We’ve been tracking non-fungible tokens (NFTs), the underlying technology, and their adoption for almost two years. Though NFTs have been around since 2014—the first NFT to be minted was “Quantum” on the Namecoin blockchain—their prevalence didn’t come to fruition until 2017 when the ERC-721 standard was accepted and implemented by the Ethereum community. Since then, NFTs have arguably become more popular than cryptocurrency itself, leading many to speculate on whether or not the true value of blockchain technology lies in NFTs.