Why NFTs Are Attracting Everyday People to Crypto Unconfirmed

Jake Brukhman, cofounder and CEO of CoinFund, explains why people are excited about non-fungible tokens, how they can be used, and what new behaviors and businesses they might enable. He discusses:
what a NFT or non-fungible token is
how they can be "liquid intellectual property"
what kinds of digital assets can be turned into NFTs
what new types of behaviors and new products and services can be created based off NFTs
why consumers would prefer to use an NFT photo or song vs. one from Shutterstock or Spotify
why someone would want to buy an NFT when it's so easy to make digital copies of things like art or ebooks or mp3s
how disputes over digital objects could be adjudicated in a global marketplace
how NFTs enable fractionalized ownership
how NFTs can be used as collateral to manage risk
how NFTs are combining with DeFi to create NFTFi
how NFTs and NFTFi bring non-crypto people in to the space and expose them to finance
why the NFT space is much bigger than people probably expect, and how it's drawing a new crowd to crypto
 
Thank you to our sponsors! 
Crypto.com: http://crypto.com
Cosmos: http://five.hackatom.org
 
Episode links: 
Jake Brukhman: https://twitter.com/jbrukh
CoinFund: https://coinfund.io
 
CoinFund’s NFT thesis: https://blog.coinfund.io/all-digital-content-is-going-on-chain-ae26a7071657
 
Rarible: https://rarible.com
 
Unchained show about Aragon: https://unchainedpodcast.com/how-aragon-hopes-to-improve-on-democracy/
 
The LAO: https://www.thelao.io
 
https://twitter.com/thelaoofficial?lang=en
 
Yield farming on digital collectibles: https://www.coindesk.com/yield-farming-expands-from-finance-to-digital-collectibles-rarible-nfts
 
NFTFi: https://tokentuesdays.substack.com/p/defi-x-nfts-nftfi
 
Aavegotchi: https://aavegotchi.com
 
$MEME: https://medium.com/@dontbuymeme/nft-farming-guide-how-to-stake-meme-and-earn-crypto-collectibles-ac8121e93e8
 
Links from news recap:
https://unchainedpodcast.com/why-uni-could-be-a-security/