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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Important caveats: This piece assumes context about Protocol Guild and narrowly focuses on its economic implications. For an introduction to PG, see Cheeky Gorilla’s EDCON talk. For a more philosophical read on its role, see Trent Van Epps’s article on Capital and Enclosure in Software Commons.
This makes the earliest NFTs akin to rare digital fossils, while in the current Popularization Era—where cheap mints reign via Rodeo, Zora, onchain games, etc.—we've seen hundreds of millions of NFTs created.
Indeed, nearly 98% of all NFTs have been minted since 2021!
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