RE: NextGen Blockchain: On the Brink of Mass Adoption

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NextGen Blockchain: On the Brink of Mass Adoption

in hive-175254 •  3 years ago 

Well, the part where you said NFT might make less sense totally make sense to me. I have my doubts and reservation about it but there is no denying that it has been the flag bearer for crypto for some months now.

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I was using a (argumentative)abduction reasoning. The thing I wanted to dismiss was comparing the epic fail of the ICO craze to NFTs.

There's a lot of reasons, but most importantly is that NFTs empower individuals immensely, whereas the ICO craze tended to create an unhealthy corporate culture.

I believe NFTs are the natural extension of crypto. For a healthy corporate culture, DAOs can be combined with premium smart contracts. Public DAOs might use scaled down smart contracts to make interaction easier for small businesses.

NFTs should empower individuals more than companies regardless- even at the level that someone like McDonald's might use them.