4min chapter

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MoFi Consensus [August 13th] - JPEG Summer

Modern Finance

CHAPTER

The Frustrational Art Movement Is Just Getting Started, Right?

i think we're going to see a financialization of this asset class. The only scury piece there is your introducing smart contract risk. Most of these nfts exist without really any additional trust assumptions, right? So crypto punks, for example, they just exist. There's no road map. And youll be able to borrow against them and sell pieces of it in the future.

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