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History is replete with examples of societies transitioning from autocratic to more democratic systems. The current transition is well underway, and its consequences are more evident by the day. DeFi is democratizing access to financial services and while important, it does not capture the attention of the youth in ways that gaming and entertainment do. NFTs and the creator economy may be the real catalytic breakthrough for mainstream crypto adoption. This new set of tools for incentivising and rewarding participation is synergistic to an opt-in model driven by values alignment. The services that exist today will steadily be rethought, and rebuilt, for the metaverse. It will bring the same diversity of opportunity as we saw with the web – new companies, products and services will emerge to manage everything from payment processing to identity verification, hiring, ad delivery, content creation, security, and so forth. These new platforms help service the creator economy and give birth to a new middle class. In both the real and digital worlds, a strong middle class leads to higher levels of societal trust, provides a stable source of demand for products and services, and drives innovation. We are witnessing a pivotal point in human history where technology is reshaping our culture, antiquating our laws and inverting our institutions. By rebalancing the flows of money and power, this new digital economy provides paths for upward mobility and democratises the opportunities to succeed. This revolution will not be televised, it will be decentralised. 30PDF Image | Primer on Non-fungible Tokens NFTs
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