Please poke holes, but my thought is that APIs/blockchain can incentivize the unleashing of user-generated products. Playing "outside the walls of websites" allows platforms to properly monetize their digital assets (as NFTs).
Sorare — an NFT fantasy sports company — is my model for this. They have desirable sports IP and enable (and even invest in) users to build games around their NFTs. The end game would be a whole ecosystem of differentiated user-created products — and a differentiated reward set — all underpinned by the most desirable IP on earth.
This idea may not make sense in this comment, but I wrote about it on my page if you're interested. I guess the idea is more Sorare use cases == more Sorare card value. Through NFTs & web interoperability, Sorare is in a position to incentivize the creation of user-generated products around their NFTs.
This is awesome, Peter.
Please poke holes, but my thought is that APIs/blockchain can incentivize the unleashing of user-generated products. Playing "outside the walls of websites" allows platforms to properly monetize their digital assets (as NFTs).
Sorare — an NFT fantasy sports company — is my model for this. They have desirable sports IP and enable (and even invest in) users to build games around their NFTs. The end game would be a whole ecosystem of differentiated user-created products — and a differentiated reward set — all underpinned by the most desirable IP on earth.
This idea may not make sense in this comment, but I wrote about it on my page if you're interested. I guess the idea is more Sorare use cases == more Sorare card value. Through NFTs & web interoperability, Sorare is in a position to incentivize the creation of user-generated products around their NFTs.
https://smitbajaj.substack.com/p/sorare-and-the-future-of-digital