Building Authentic Brands with NFTs – The Inside Scoop

October 24th 2021 new story

Non-fungible tokens (NFT) tokens are being used to build a brand before having a product. Generative Profile Picture (PFP) projects are a great example of a quickly adopted and higher-priced (therefore presumably higher value) NFT, that has kickstarted this wave of brand-building innovation. The Doodles NFT project launched in mid-October, with a high floor price and hence a high level of exclusivity, making them more valuable to their communities. Many of these headless brands will eventually form Decentralised Autonomous Organisations.

@chrissirise

Chris Sirise

Partner at Saison Capital, writes about embedded fintech, DeFi and NFTs.

by Chris Sirise @chrissirise. Partner at Saison Capital, writes about embedded fintech, DeFi and NFTs.Read my stories

Explore Blockster – Be The First In Crypto & Blockchain Industry

Related Stories

Subject Matter

Interest in Play-to-Earn Games Soars as Covid-19 Fallout Fails To Deter Gamers by @mashacryptoprlab

#nft

Why We Should All Pay Attention To Recent Food Tech Innovations by @omrihurwitz

#foodtech

How to Visualize Bias and Variance by @vaisakhbabu

#bias-and-variance

How to Get Paid in the Metaverse Creator Economy Today by @versetech

#gaming-metaverse

Tags

#nft#nft-economy#crypto-adoption#blockchain-top-story#utility-tokens#non-fungible-tokens#nft-gaming#hackernoon-top-story

Join Hacker Noon

Create your free account to unlock your custom reading experience.

Building Authentic Brands with NFTs – The Inside Scoop
Source: Super Trending News PH