
Mainstreaming NFTs: Use Cases, Art, More
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Apple's NFT Announcements and the Oligopoly in the Tech Industry
The recent news about Apple's NFT announcements and in-app purchases has raised concerns about the oligopoly in the tech industry, particularly in mobile phones. The high take rates imposed by dominant firms are questionable, especially in a future where most of the economy will be digital. The argument that these rates are justified, similar to app stores, is bizarre when compared to the lower take rates in the crypto space. OpenC's openness makes it vulnerable to attacks, while centralized firms would never share customer data. This highlights the need for open systems and consumer empowerment in the digital world.
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