The f(x) = e^x | 5 Challenges of NFTs
Good Day! This is my weekly newsletter, with a dose of insights into the future. The topic of this newsletter is the exponential times we live in, hence the title of f(x) = e^x, which is the (natural) exponential function.
Why NFTs can be Amazing, but Not Just Yet; 5 Challenges of NFTs
My latest article:
In the past year, many people have been drawn to the Non-Fungible Token (NFT) collectibles, art, music, digital real estate, or digital fashion in the past year because they can relate to it. A lot more than with the start of bitcoin. However, a large part of the billions in trading is done only by a very small group, and NFT trading is anything but mainstream. NFTs that offer utility can be amazing, and NFTs will define the metaverse economy, but we will first need to solve these five NFT challenges.
Three Useful Nuggets of Information
My weekly tips from around the web to get you thinking.
1. The dangers of automated decision-making.
As more governments turn to artificial intelligence to automate decision-making, the opposite effects of these efficiency savings become clear as well. Wrong decisions can cause a lot of stress and directly impact the health of people, sometimes leading to suicide. (Sifted)
2. A stunning photo captures the ISS crossing the moon.
A beautiful photo by Thierry Legault captures the International Space Station in jaw-dropping detail as it passes in front of the moon. An incredible image. (Mashable)
3. What happens to your crypto if you die?
Inheriting crypto is possible, but it is a lot more difficult than inheriting fiat money. Without a plan, crypto investors could leave their heirs locked out of a valuable source of financial support and no way to get it back (Vox)
Four months ago, Wiley approached me to write a book about the metaverse. The book is now available for pre-order, and it has been an incredible journey down the rabbit hole of the future version of the internet.
I interviewed almost 100 stakeholders involved in building the metaverse, over 130 people completed my very long survey, over a dozen people proofread my book, and Jamie Burke wrote the foreword.
The metaverse is real and coming, and we have a chance to build an open, decentralized and interoperable metaverse not controlled by BigTech but by its users. This book is an attempt to describe how to achieve that. The book and Kindle are available for pre-order now.