Non-fungible tokens (NFTs) have received a great deal of attention in the media over the past few months given the eye-watering sums being paid for some of these new assets. As a result, I see NFTs as a great place to start a portion of the newsletter to compile resources on new, exciting topics (audience feedback will impact how regularly this section appears in the newsletter, so let us know what you think). We are already working with clients who are active in the space and the underlying cryptography will expand into other uses in the near future.
If you want to read a quick primer on NFTs, consider this article from the Wall Street Journal or this article from the New York Times. For those of you who prefer audio, an excellent explanation was provided by Katie Haun (now a general partner at Venture Capital firm Andressen Horowitz–if you want to go deep on the subject there are a series of videos published by the VC firm here) in a podcast interview with Tim Ferriss. The whole conversation is fascinating, but the NFT discussion begins at 61:16. Links: Spotify or iTunes. If a YouTube video is more to your liking, two of the better ones are here and here.
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