But let’s look at why some NFT believers think fungible tokens for communities don’t work. Here’s GMoney, the cutesy, pixelated, half-man, half-monkey NFT collector making his argument: A stash of tokens is first held by a creator who distributes the tokens to fans. As the creator creates more valuable work, those tokens rise in price. But to realize those gains, the creator … [Read more...] about The Future of NFTs Is Fungible
fungible
Why NFTs could be fungible after all
Among the many offshoots produced as a bi-product of the ongoing cryptocurrency experiment, nonfungible tokens have turned out to be one of the most explosive. In a few short months, over half a billion dollars worth of NFTs changed hands, as celebrities (from lists A to Z) clamored to profit from crypto’s latest craze.But amid the rush to jump on the bandwagon, few have … [Read more...] about Why NFTs could be fungible after all