Magic Beans - by Venkatesh Rao - Ribbonfarm Studio
studio.ribbonfarm.com · 5,801 words · saved by 1 readers
What is the best mental model for NFTs?
As you might know if you’ve been following me on Twitter, I’ve been heads-down exploring Web3 for the last month or so. Much of my initial experimentation has been focused on NFTs, or non-fungible tokens, which are sort of the entry drug of Web3. I’ve minted a handful of simple ones, both by myself and in collaboration with others. You can see the ones I’ve sold here. I’m starting to think about more complex experimental ones I might do, and have earmarked my earnings so far towards those experiments. So what exactly do you buy when you buy an NFT? And on the selling side, what exactly do…
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