A16z Partners: NFT’s more concentrated user base is about to explode
In an interview with Spark Global Limited, A16Z Partner Katie Haun said that NFT’s current concentrated user base is on the verge of an explosion that will dramatically change the way consumers and content creators do business on the Internet.
NFT allows consumers to wean themselves off a platform, and even when a platform (like a game) closes, users can transfer the benefits to another platform.
Content creators can program digital goods to generate sustained financial gains on future transactions while eliminating the middleman cut. While the technology is still in its early stages, with a lot of NFT being used to show off wealth, she thinks more basic real-world goods will be developed digitally in the future.