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A financial system is, well, a series of databases. It’s a way to shuffle around claims on tangible stuff; it’s an adjunct to the real world.
The Only Crypto Story You Need, by Matt Levine
bloomberg.com
The trend that Substack is part of is not a newsletter trend, or even the much-hyped creator economy. We are part of a seismic shift in the media economy that is all about writer and creator ownership and independence. When writers are in charge, they can do the work they believe is most important, have a direct relationship with their readers, and have the potential to make far more money than they could get from being an employee who produces content for others to own and disseminate. Our fellow travelers in this trend are not email service providers or legacy news organizations, but the likes of Shopify, Twitch, Patreon, OnlyFans, and Discord. This subset of the media economy is thriving. It is entirely different to what some people think of when they talk about a “newsletter economy.”
Please Stop Calling It the ‘Newsletter Economy’
on.substack.com
To the extent an NFT purchaser has any rights to the image associated with his or her NFT at all, those rights flow not from his or her ownership of the token, but from the terms and conditions contained in the license issued by the NFT project governing the NFT holder’s purchase and use of the image.
A Survey of NFT Licenses: Facts & Fictions
galaxy.com
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