How does blockchain technology facilitate the use of NFTs?
Posted: February 3rd, 2023
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With the attached paper I need to answer the following questions:
1. What is an NFT? What are its distinctive features relative to other traditional assets like artwork or music?
2. How does blockchain technology facilitate the use of NFTs?
3. What issues with traditional trade in creative assets do the distinctive features of NFTs (that you listed in question 1 help solve)?
4. What are the sources of value of NFTs to creators of digital assets?
5. What are the sources of value of NFTs to the owners of these assets?
6. Would you invest in NFTs today?
7. How do you foresee NFTs being used in marketing/brand management?
8. Do you think NFTs are here to stay, or are they a fad?
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