TED: How NFTs are building the internet of the future | Kayvon Tehranian

TED: How NFTs are building the internet of the future | Kayvon Tehranian

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Interactive Video

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11th Grade - University

Hard

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The video explores NFTs as transformative elements for the future Internet, addressing digital ownership issues that have persisted since the early days of the web. It highlights how NFTs, registered on the blockchain, offer a new model of ownership that benefits creators by allowing them to earn royalties. The video uses examples like Nyan Cat to illustrate the economic potential of NFTs and suggests that they can dissolve economic boundaries, providing equal opportunities for artists worldwide. Ultimately, NFTs are seen as a solution to John Perry Barlow's 1992 riddle about digital property, promising a future where creators have more control and compensation for their work.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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