Digital Scarcity (Explicit)

Beeple made one piece of digital art a day for 10 years. He had never been directly paid for this work before. In one weekend, he auctioned it off for $3.5 million. How?The direct answer is Non-Fungible Tokens (NFTs) on Nifty Gateway.The general answer is that blockchains create digital scarcity. Naval explains.Sources:- Beeple on Unchained podcast- Naval on Tim Ferris podcast- Beeple on School of Motion podcast

Episode metadata supplied by the publisher feed · Published Jan 27, 2021

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Blockchains enable digital scarcity. This is enabling new business models, just as digital abundance did before it. (Explicit, because beeple likes swearing)

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Digital Scarcity (Explicit)

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