NFTs — digitized ownership — will be bigger than DeFi
Akash Weekly - October 5th 2022 (Akash Network)
“Digitalization of ownership, I think, is going to be a lot bigger than DeFi. I think NFTs are going to be a lot bigger than DeFi… DeFi is essentially taking the old, oligopolized model of how to deal with finance and modernizing that, but NFTs unlock whole new levels of engagement with what has been traditionally very hidden and very inaccessible.” — 00:44:14
Context: Prompted by Starbucks’ NFT rewards program; he frames NFTs as composable, portable, easily custodied digital rights.