How much does reputation really matter in crypto? Opinion by lil_smush for 'The Node' newsletter.
and pitch decks. The promise of early adoption is that you, too, can be ahead of the curve. Buying in now can feel like owning a piece of on-chain history, something that’s bound to appreciate once everyone else catches on.
This article is excerpted from The Node, CoinDesk's daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the fullEnter Kevin Rose, co-founder of the news aggregator Digg. The site brought him a decent amount of press in the late aughts. In 2006, a Businessweek cover story declared him the leader of a “new brat pack of Silicon Valley entrepreneurs.
That confidence was on full display this past weekend when a new NFT project called Moonbirds made its public debut. The tokens – 10,000 pixelated images of owls – initially sold for 2.5 ether each, and are already being traded for tens of thousands of dollars. As of this morning, the cheapest Moonbirds will cost you around 20 ETH, or $58,000.It’s one of the clearest examples to date of the way in which crypto can assign a monetary value to reputation and social clout.
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