The Year the NFT Died and Came Back to Life

The thread connecting most of these applications is the use of NFTs and economic incentive as the foundation for community-building. Even creators originally drawn to NFTs for the monetization opportunity are cottoning on.

“It’s bigger than the money,” says King Saladeen, a prominent Philadelphia-born artist who turned to NFTs when lockdown stopped him working on physical projects. Around his NFT projects, King Saladeen fostered a community on messaging platform Discord, where fans can chat with him directly. “It’s about the connection you get with somebody you’ve been following for a long time.”

There is a shadow of uncertainty hanging over all of these endeavors as a result of a lack of

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