The Pros and Cons of NFTs

3min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

I would say I've always been very excited about NFTs. So like crypto kitties were definitely my first foray into this, but I also really like art. One thing that I think that I was personally surprised by in the past bull market was just how large NFTs actually became. And to your point, being able to have it a little bit more open and kicking people out are all things DAOs do uniquely enable - we're not previously there.

Eva Beylin is the Director at The Graph Foundation Eva Beylin's Twitter: @evabeylin The Graph's Twitter: @graphprotocol The Graph's Website: https://thegraph.com/ Logan Jastremski's Twitter: @LoganJastremski Frictionless's Twitter: @_Frictionless_ Frictionless's Website: https://frictionless.fund/ Try out NEW Orca: https://bit.ly/neworca_logan ___ This Podcast was sponsored by Squads (https://squads.so) & Orca (https://www.orca.so/). Squads Protocol: the multisig standard you were looking for on Solana Securely manage your treasury, program upgrades and tokens with your Squad. - Multi-signature - A multisig requires multiple digital signatures in order to approve transactions. This is opposed to individual web3 wallets, which only require one signature. - Security - Multisigs spread the attack vector necessary for your assets to be compromised. By requiring confirmations from multiple private keys, a single point of failure is eliminated. - Collective Ownership - Multisigs allow teams to own and manage their on-chain assets together. You get to choose who is on your multisig. - Self-Custody - Your on-chain assets are always in your team’s control. By securing them in a multisig, you forego the risk of centralized entities losing your funds. ___ Orca is a Concentrated Liquidity Automated Market Maker (CLAMM, for short). - Orca is the easiest place to trade crypto and build applications on Solana. - On Orca, you can trade tokens lightning fast and confidently (thanks to our Fair Price Indicator). Additionally, you can provide liquidity to our concentrated liquidity pools (Whirlpools) to earn trading fees and token emissions.