The Everything Token

By Steve Kaczynski, Scott Duke Kominers,

Book cover of The Everything Token: How NFTs and Web3 Will Transform the Way We Buy, Sell, and Create

Book description

NFTs cause excitement and skepticism. How much value can a token hold? What drives this value?

To properly appreciate NFTs we must first understand what they actually are, how they work and in what contexts they are used.

The Everything Token is an essential primer on NFTs (non-fungible tokens), explaining…

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Why read it?

1 author picked The Everything Token as one of their favorite books. Why do they recommend it?

Well, the author is a friend of mine but it’s also on a topic close to my own academic research interests. So it was kind of compulsory reading for me, but it might be the most enjoyable compulsory reading I’ve ever done.

I thought NFTs were just a gimmick to do with internet pictures. But the authors explain, with great examples, that NFTs are best thought of as a new technology for creating digital assets. And better still, providing the true owner with irrefutable proof of ownership of these digital assets.

What I took away was that NFTs are a…

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