#138 - Non-Fungible Tokens: Is It the Future for SW? w/ Lorilee Fedler of Fantasy Digital - a podcast by STEPHANIE SIA

from 2022-09-25T07:00:16

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There has been so much interest in cryptocurrency, blockchain and decentralized systems and with our payments methods constantly being threatened by big financial processors, people have been seeking out alternative methods on how to get paid and other platforms that we can thrive on. Lorilee Fedler, the founder of Fantasy Digital, reached out to me to speak about her new company, a creator-specific platform powered by blockchain. We speak about what we can expect from the platform both as a client and as a creator, how it is structured to "give back" to its creators, and the incentives for all parties. We also discuss and explain in entry-level terms what a non-fungible token is and how Fantasy Digital is injecting more value behind their NFTs. A brief, yet needed discussion on ownership, anonymity and why this might be a viable option for SWers. Lastly, we discuss the monthly NFTease contest that Fantasy Digital is putting on and what that might entail. Of course, I'm no expert at this so I continually would encourage everyone to do their due diligence and conduct proper research before getting into this.


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