NFTs Are An Open Utility Not Just A Speculative Asset

Photo by Alexander Mils on Unsplash

Utilities can be assets if they can be bought and sold. The commodities markets in traditional finance are proof of this. You can buy and sell contracts in the “utilities” space (gas, electric, oil, etc). However, access to those utilities is not what is bought and sold. In fact, there are few to no markets where access to a utility (and utility here is defined as anything that allows a person to…

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Justin Hunter

Justin Hunter

Writer. Head of Product at Pinata. Builder.