The Ledger Podcast cover image

#66 Storing the value of attention in digital objects w/ Derek Edwards

The Ledger Podcast

CHAPTER

How Can a Digital Thing Have Value?

I think it's important just to plant the flag now. Let's talk about like why digital objects can exist and be valuable, says Richard Branson. Blockchains are really just a database that allows you to do programmatic activities on top of that database. And one of those programmatic activities is the ability to wrap through standards like the ERC721. The trick though, is that there hasn't been a way to create scarcity that travels with unique digital property.

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