The value of NFTs - Deepstash
Confused About NFTs?

Learn more about crypto with this collection

How to create and sell NFTs

The future of NFTs

The benefits and drawbacks of NFTs

Confused About NFTs?

Discover 36 similar ideas in

It takes just

6 mins to read

The value of NFTs

NFTs have no physical or tangible value. The technology of NFTs codifies and enforces a metric of scarcity on a digital file.

  • Functional value (What can I use this for?)**:** Most of the discussion around NFTs is about how you will use the NFTs, show people your cryptocurrency wallet, and your taste in art or music.
  • Hedonic value (How much do I like this thing, in and of itself?)**:** Things that were once treated as interchangeable on the digital space, like a virtual collectable, are existing with the added value of where you got it from.

31

608 reads

MORE IDEAS ON THIS

Understanding digital scarcity

Digital scarcity can be seen as a supply and demand phenomenon. The NFT technology gives you the supply, not the demand.

NFTs impose scarcity on something that doesn't naturally have scarcity. The free aspect of the internet means anything you make has zero reproducing value. The NFT tech...

35

622 reads

Brands are excited about NFTs (non-fungible tokens)

Brands are excited about NFTs (non-fungible tokens)

NFTs seem to have entered the mainstream. But the technology remains confusing and inaccessible to normal Americans.

Millions of dollars are poured into this emerging market for digital goods, which has rapidly increased the careers of some independent NFT creators.

31

798 reads

CURATED FROM

CURATED BY

joa_fu

Creator. Beer ninja. Travel lover. Twitter evangelist. Lifelong writer. Zombie expert.

Related collections

More like this

Understanding digital scarcity

Digital scarcity can be seen as a supply and demand phenomenon. The NFT technology gives you the supply, not the demand.

NFTs impose scarcity on something that doesn't naturally have scarcity. The free aspect of the internet means anything you make has zero reproducing value. The NFT tech...

Non-fungible token (NFT)

Non-fungible token (NFT)

  • In economics, a fungible asset is like money - it is something with units that can be interchanged. With money, a $10 can be exchanged for two $5, and it still has the same value.
  • If something is non-fungible, it has unique properties and cannot be i...

The Value Of Time

Money is tangible and easily calculated. One can see how much money they have and figure out the net worth in minutes. Time, on the other hand, is intangible and its value not easily measured. Almost as a reflex action, most of us prefer saving money instead of s...

stash-superman-illustration

Explore the World’s

Best Ideas

200,000+ ideas on pretty much any topic. Created by the smartest people around & well-organized so you can explore at will.

An Idea for Everything

Explore the biggest library of insights. And we've infused it with powerful filtering tools so you can easily find what you need.

Knowledge Library

Powerful Saving & Organizational Tools

Save ideas for later reading, for personalized stashes, or for remembering it later.

# Personal Growth

Take Your Ideas

Anywhere

Organize your ideas & listen on the go. And with Pro, there are no limits.

Listen on the go

Just press play and we take care of the words.

Never worry about spotty connections

No Internet access? No problem. Within the mobile app, all your ideas are available, even when offline.

Get Organized with Stashes

Ideas for your next work project? Quotes that inspire you? Put them in the right place so you never lose them.

Join

2 Million Stashers

4.8

5,740 Reviews

App Store

4.7

72,690 Reviews

Google Play

samz905

Don’t look further if you love learning new things. A refreshing concept that provides quick ideas for busy thought leaders.

β€œ

Shankul Varada

Best app ever! You heard it right. This app has helped me get back on my quest to get things done while equipping myself with knowledge everyday.

β€œ

Ashley Anthony

This app is LOADED with RELEVANT, HELPFUL, AND EDUCATIONAL material. It is creatively intellectual, yet minimal enough to not overstimulate and create a learning block. I am exceptionally impressed with this app!

β€œ

Sean Green

Great interesting short snippets of informative articles. Highly recommended to anyone who loves information and lacks patience.

β€œ

Giovanna Scalzone

Brilliant. It feels fresh and encouraging. So many interesting pieces of information that are just enough to absorb and apply. So happy I found this.

β€œ

Jamyson Haug

Great for quick bits of information and interesting ideas around whatever topics you are interested in. Visually, it looks great as well.

β€œ

Laetitia Berton

I have only been using it for a few days now, but I have found answers to questions I had never consciously formulated, or to problems I face everyday at work or at home. I wish I had found this earlier, highly recommended!

β€œ

Ghazala Begum

Even five minutes a day will improve your thinking. I've come across new ideas and learnt to improve existing ways to become more motivated, confident and happier.

β€œ

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Access to 200,000+ ideas

β€”

Access to the mobile app

β€”

Unlimited idea saving & library

β€”

β€”

Unlimited history

β€”

β€”

Unlimited listening to ideas

β€”

β€”

Downloading & offline access

β€”

β€”

Personalized recommendations

β€”

β€”

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates