Non-fungible tokens can’t solve problems that matter, without which NFT communities, in effect, are like playing a computer game with fake currency and no real world rights.
Blockchain is now the Web 3.0 solution to tackle all of our problems. But you already know that. A bundle of rights, freely transferable—what’s not to like? Blockchain is perfect, a truly immutable ledger that speaks to power. And it is heartening to see that it is finally getting its moment in the sun. But for every new technology that promises to transform the world, there are always fly-by-night opportunists working in the shadows, ready to prey on the unsuspecting investor. Remember the coin issuance fad? At one point, they were threatening to replace shares and stock. And quite …
Suhas is a corporate lawyer and legal entrepreneur with an interest in the law, technology, startups and all things innovation. A graduate of the National Law School, Bengaluru, he is also the founder of ContractReader AI, a technology platform for the review of contracts.
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