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How NFTs are building the internet of the future | TED Talk

NFTs are not a scam.

NFTs are not a fad.

In fact, NFTs are the building blocks of the internet of the future.But in order for us to see this future clearly, we first need to go back into the past.The year is 1992.The World Wide Web is only three years old.This is what it looks like.For the first time in human history, we share a global commons, where, irrespective of where we are in the physical world, we can convene and share information freely.Most people at that time couldn't see what it meant to be connected by a network of computers.In fact, many people thought the internet itself was a scam or a fad.But a few early internet pioneers saw the potential in this burgeoning technology.One of those early internet pioneers, John Perry Barlow, saw both the opportunities and pitfalls inherent in our new digital world.And, of early cyberspace, he posed a prescient riddle all the way back in 1992, that I'll paraphrase for you:"If our property can be infinitely reproduced and instantaneously distributed across the planet without cost, how are we going to protect it?How are we going to get paid for the work we do with our minds?And if we can't get paid, what will assure the continued creation and distribution of such work?”

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