In practice, an NFT, is simply a unique token that represents a digital file, a piece of media, that can\u2019t be copy-pasted, edited, or deleted. NFTs introduce a different path for creators to retain ownership of their content and to monetize directly with their fans. NFTs make the spread of ownership economy possible and provides a blueprint for how this could work in real world as well.<\/p>\n
The idea of ownership economy started in 2009, when Bitcoin arrived and promised a new environment, in which anyone with an internet connection could participate by \u201cmining\u201d the network and getting an ownership stake in the network \u2014 minted Bitcoin. Later, Ethereum enabled a broad range of applications by giving developers the opportunity to gain more ownership from their contributions. Nowadays, the Ethereum token enables new ways to reward your favourite artists, comedians, brands, and curators with a cryptocurrency token. The idea is to build a network of volunteers who support one another\u2019s social media posts, content creation, and other services. As they do, the community is rewarded with digital tokens, which can be converted to dollars, euros, and other currencies.<\/p>\n
In a nutshell, NFTs offer better economics for creators, as they remove intermediaries and make users owners, that reduces customer acquisition costs to near zero. Having said that, creators make more money by selling directly to their fans, consumers are better off as they combine social and long-lasting patronage benefits and developers make money developing the infrastructure to enable existence of these markets.<\/p>\n
New integrated platforms encourage entrepreneurs to monetize individuality and creativity, which will continue to grow, while emphasizing unique skills and knowledge. This will generate significant innovation and create a new breed of entrepreneurs, turning their passion projects into business.<\/p>\n
In the years to come, we envision more employee-owned business, allowing them to generate greater returns, achieve more stability and prosperity in general.
\nThe overall principle is incentive alignment that comes from having skin in the game.<\/p>\n
At Kavedon Kapital, we are dedicated to ownership economy and having skin in the game is one of our core principles.[\/vc_column_text][\/vc_column][\/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_spacing=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/4″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_column_text]\n
The crypto market is booming tremendously nowadays, with the overall capitalization of cryptocurrencies approaching USD 2 trillion. Everyday more and more people are investing in cryptocurrencies to make a living. But as different technologies develop, these new \u201ccoins\u201d come with different sets of risks.<\/p>\n","protected":false},"author":1,"featured_media":4938,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[15,32],"tags":[],"_links":{"self":[{"href":"https:\/\/kavedonkapital.com\/wp-json\/wp\/v2\/posts\/4937"}],"collection":[{"href":"https:\/\/kavedonkapital.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kavedonkapital.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kavedonkapital.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kavedonkapital.com\/wp-json\/wp\/v2\/comments?post=4937"}],"version-history":[{"count":2,"href":"https:\/\/kavedonkapital.com\/wp-json\/wp\/v2\/posts\/4937\/revisions"}],"predecessor-version":[{"id":4941,"href":"https:\/\/kavedonkapital.com\/wp-json\/wp\/v2\/posts\/4937\/revisions\/4941"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kavedonkapital.com\/wp-json\/wp\/v2\/media\/4938"}],"wp:attachment":[{"href":"https:\/\/kavedonkapital.com\/wp-json\/wp\/v2\/media?parent=4937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kavedonkapital.com\/wp-json\/wp\/v2\/categories?post=4937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kavedonkapital.com\/wp-json\/wp\/v2\/tags?post=4937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}