1/ The future of NFTs. 🧵

Vertical Marketplaces

NFT projects will shift towards DTC marketplaces like @larvalabs and @SolanaMBS. Managing user experience is critical for retention, and eliminating 3rd parties doesn’t hurt.

The decentralization of code bases makes it possible.

“Soulbound” NFTs

NFTs are lauded for their transferability, but there are many use cases for non-transferable tokens: driver’s licenses, diplomas, certifications, proof of attendance, etc.

Soulbound NFTs lock in provenance, and can not be sold.

Retail

Retailers from 7-11 to Gamestop will use NFTs to incentivize IRL transactions, leveraging creators to drive traffic to storefronts.

For example, Yeezy NFTs that airdrop with purchases from Gap stores, or NFTs that unlock exclusive features for Tesla vehicles.

Borrowing Platforms

Because NFTs can unlock temporary access—like entry to conferences—markets for short-term lending are emerging. For example, I’ve personally leant friends $FWB so that they could attend local events.

Imagine this as a marketplace: StubHub, but for NFTs.