Framework for the Next NFT Unicorn

Written By Martin Casado

Let’s dive into the core components needed to reimagine NFT serial numbers away from monkey pictures, and towards representing all value on earth with real world assets.

“Tokenization” of real world assets requires 3 things

  • Blockchain: - a (protocol) to securely store and share information in an incorruptible trusted way with a path to scalability

  • NFT: The ability to create and record discrete units aka (non-fungible) serial numbers onto a blockchain that represents something in the real world

  • Infrastructure: A way to move serial numbers around on the blockchain from one owner using smart contracts and cloud software.

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But what blockchain? What kind of NFTs? and what kind of infrastructure? will the next RWA (real world asset) unicorn need to succeed..

Part 1: Why Ethereum is the infrastructure for tokenization

Remember it’s not the best technology that wins, it is the most widely adopted. Network effects are powerful things that once initiated, tend to stick around. Eventually we are all Ethereum

Which Blockchain: Ethereum and scaling equivalents

Why?

Martin Casado
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