Fintech: Southeast News

Fintech Southeast News curated each weekday for Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee

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Posted November 08, 2021

 

We’re big believers in the transformative power of blockchain — for the uncompromising transparency, unmediated creativity, and unparalleled community that it generates.

To our team, the early adoption of NFTs represents a watershed moment in crypto. For the first time, citizens of the global Internet are carrying their unique assets across the web instead of leaving them locked in walled gardens. Genuine relationships are already being formed as we trace out the early social graph on-chain. Communities are buying into creators’ work to create positive collaboration and feedback loops. As the $FWB leaders describe, users can “gather around a vibe.”

Everything is its opposite. Despite tremendous adoption this year, we’ve noticed that NFTs have gotten even more difficult instead of less. More marketplaces mean more creators, but also fragmented data and frequent context switching for users. More projects mean more art, but also more noise and risk. More blockchains mean more flexibility and scalability, but also more disjointed identity management.

MomentRanks is here to help solve those problems; to make collecting about passion and building meaningful connections, instead of a buying process.

 

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