development: What NFT v. 2.0 will bring into the crypto sphere? Interesting NFT v. 2.0 projects

< Show Wisdom Collection: What NFT v. 2.0 will bring into the crypto sphere? Interesting NFT v. 2.0 projects Rick Spindler

Investor

What are the differences between NFT and NFT v. 2.0 in your own words?

NFT 2.0 DOES stuff that will hold or increase its value other than just getting the next sucker to buy your NFT for more than you paid. Right now, Defi NFT’s like those one can mint on MidasDao lock a yield bearing instrument within an NFT that will theoretically provide a perpetual yield. It’s the next generation of the OHMDao model and the idea is early. Other 2.0 models will provide governance for DAO’s without being a representation of the projects token. NFT 1.0’s were mostly the end showpiece of the web3 tech coming together; the decentralized storage, algorithmic generation of images and the residing of the NFT on an immutable blockchain. NFT 2.0 will let NFT’s participate in the life of a blockchain and the human who own them.

What NFT v. 2.0 will bring into the crypto sphere?

With NFT 2.0 you will see activity. Interaction with value schemes and with the representation of ownership. 2.0 might bring about the era of buying houses and cars with blockchain instead of forests worth of paper. You’ll also see NFT’s interact more fluidly with game systems and DEX’s. They won’t be fungible, but they’ll be infinitely more sellable.

Based on your research, which NFT v. 2.0 projects do you find most interesting and why?

MidasDao making perpetually yield bearing NFT’s into reality. There are more features in the works, but the project is in active development and all the newest hooks haven’t been unleashed on the world yet.