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I agree. Interoperability of digital goods would allow the creator economy to grow in very cools ways. NFTs only solve one part of the problem though - rights
by pbronez 5y ago
I agree. Interoperability of digital goods would allow the creator economy to grow in very cools ways.
NFTs only solve one part of the problem though - rights management. You still need a good way for a cosmetic designed for game X to work in game Y. That's similar to any multi-platform development challenge. There are many other economic decisions that will have to be experimented with, including tax collection, platform fees, creator fees on resale, etc. It needs to work for everyone or it won't get the reach it needs to really empower users.
Whether or not NFT actually add anything here comes down to the remaining technical challenge of interoperability. Is it common for parties to agree on a common asset definition but not a common rights management platform? That's the situation where NFT help.