Raoul's Unified Thesis on NFTs
Raoul Pal: Real Vision
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What Is a Smart Contract?
Smart contracts are the base layer of society that build on trust. They can be written in code and agreed by all parties without need for lawyers, notaries or accountants. The smart contract element is stored on a decentralised database called a blockchain. NFTs fulfill so many different elements of what makes web 3, web 3. It's kind of like a limited edition print or a unique painting where you own it.
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