NFTs, explained

NFTs, explained

2021 was the year NFTs entered global consciousness.

Most viewed it as another technological fad, some as a new chapter in the concept of ownership, reflecting an economy that is increasingly conducted over the internet.

A technology that enables peer-to-peer markets for digital goods.

This visual depicts the difference between the unattributed files that have dominated digital life for decades, and NFTs.

An NFT represents a social contract between creator and owner, stored immutably on a blockchain. 

Leverage is as much about where you are standing as how much force you are applying.

If you are building something, it is far more useful to focus on the work you are doing to produce the result than the result itself.

The constraint we apply to package our idea determines their reach & resonance. "Make 1 decision to eliminate 1,000 decisions."

Labor is generally a more interchangeable resource than vision.

To help understand this idea, consider the contrast between the two concepts ancient Greeks used to think about time.

It should be relatively simple to identify when we aren't accumulating net new experience, but in practice, it doesn't seem to be.

Language is an incredible tool. It makes it possible for us to externalize what we think and communicate it to others.