Yuga Labs Community and Partnership Director: The term NFT is outdated, and various projects are trying to rebrand

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On September 17, Yuga Labs Community and Partner Director Tina attended FarCon Asia, Asia’s first large-scale Farcaster ecosystem offline event, and spoke at a roundtable themed “Meme and NFT also have dreams”:

I think the term NFT is definitely outdated, I think so. NFT projects need to be rebranded, and I think we are seeing different attempts at "rebranding" from project to project, but digital identity and digital ownership are not going away. As for where it's going, I can talk about our approach at Yuga Labs and how we see people participating in NFT purchases.

If you are an Ape creator, you want to use your Ape intellectual property to build a business. To this end, we started a project called Mede by Apes. For me, NFT is just getting started on this road. Reviewing roadmaps is a tricky thing, and we have seen a lot of roadmap promises from other teams that have not been fulfilled. But you need to really pay attention to the team behind it, who is holding, the team's ability to deliver, and how the investment you see is reinvested into the community.

BlockBeats Note: "Made by Apes" is an IP (intellectual property) tool launched by Yuga Labs. Members can apply for unique on-chain licenses, register businesses or products (such as clothing, food, games, music, etc.). In addition, the platform can also be used to verify and distinguish authentic products produced by BAYC and MAYC holders.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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