0 – Introduction Web3 extends human rights into the digital realm. Web3 users are empowered with the Right to Digital Privacy, Property and Inclusion. Digital privacy is about users controlling their own application data, digital property about the ability to own and custody scarce digital assets, and digital inclusion about Read more…
Introduction: What is the Metaverse Billions of people interact in digital spaces daily, whether it’s checking social media, sending a work email, or playing video games. In fact, over 80% of the world’s population (6.5+ billion people) own a smartphone, which pushes access to digital experiences even deeper into our Read more…
Introduction Let’s analyze what social media is based on first principles. Users choose a username. Then they start following other social media accounts to populate their feed with the posts of friends, family, and creators. Overtime, users interact with these posts by liking, commenting, and resharing. And, finally, users make Read more…
Introduction Think of all the internet applications you use. You might use several messaging apps like Telegram and Discord, several work apps like Notion and Google Docs, several social apps like Twitter and Instagram, and several media apps like YouTube and Netflix. And you have a separate identity for each Read more…
Problems with Centralized Storage Storage is costly on blockchains, which makes it economically infeasible to store most NFT media on the blockchain itself. Instead, NFTs typically point to a media file that is hosted somewhere else; however, problems arise if the NFT’s media file is hosted on centralized storage like Read more…
NFT fractionalization and financialization is another emerging trend right now. Let’s start with the first term. NFTs, by design, are single tokens that only one person owns at a time; however, emerging tooling make it so that NFTs can be broken into fungible tokens that represent fractional ownership of the Read more…
Mirror is a Web3 project revolutionizing the publishing space with “writing NFTs”. It’s perhaps best described as a blogging platform that allows creatives to mint their posts as cryptomedia (1 of 1 or limited edition) that can be sold in auctions or at a flat price. Additional functionality is built Read more…
Cryptomedia presents a new, and better way, for artists to monetize their works. NFTs make digital files “collectible”, thus acting as a value-capture mechanism for digital art. This has enabled some digital creatives to earn a living from their work for the first time. Many believe cryptomedia has the power Read more…
While on the topic of innovative new art forms, let’s talk about “programmable art”. This is cryptomedia that is dynamic in appearance and can change over time. Changes can occur either autonomously based on factors like time of day, weather, and market prices, or from deliberate changes made by the Read more…
The cryptomedia discussed so far is first produced by an artist, and then minted into an NFT. Thus, the media exists before the NFT is minted, and the NFT simply points to that media. Generative art is different in that the artist builds a computer script that generates art. The Read more…