Baking Utility into NFTs
summary
Argues that NFTs must do more than scarcity and gives three concrete alternatives: usefulness as yield — example videogame swords where a single sword returns 200 loot in 10 hours and a double sword returns 500 (a 2.5× productivity boost); bridge design gaps — a built prototype called NFtweets mints your tweet on-chain and links it to a wallet; and specialization+governance — tokenized debt and property examples (Dharma, TrustToken) that coordinate roles rather than rely on collectible scarcity.
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chapters (8)
- 0:00Start
- 2:17Non-Fungible Tokens
- 2:57Problem
- 3:40Value Drivers
- 7:55Measuring Productivity
- 10:01Dharma.io
- 11:02Downside
- 15:17Mario Party 4
