#104 - Wachtell Lipton's David Adlerstein and Kevin Schwartz on Decentralization, Smart Contracts, Tornado Cash & NFTs
Law of Code
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The Future of NFTs
The use cases we've seen to date with NFTs are largely limited to profile pictures and collectibles. There's no reason because the technology now exists where something like the title to your car could not be in the form of an NFT. If you sell your car rather than rummaging around for the piece of paper you got from a Hyundai dealer or whatever, you could just transfer it on chain. A great example is something like royalties for music, which is something that you're already seeing. You can get a streaming royalty whenever it's paid for technologically that exists. I'll just say it's a fascinating technology. As you said, the use cases are manyfold.
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