The design of the a16z describes the thinking of NFTs and thousands of fans.

Cryptocurrencies and NFTs offer three new ways to steal profits.

Kevin Kelly, in his classic 2008 article “1000 True Fans,” predicts that the Internet will change the business benefits of these new businesses.

You don't have to go through "millions of steps" to become a successful designer. You don't need millions or millions of users, millions of users or millions of fans. As an artist, photographer, musician, designer, writer, animator, app developer, entrepreneur, or developer, you only need a few thousand true fans to live.

Real fans will buy anything you create. These enthusiasts will travel 200 miles to see you sing along and purchase hardcover, paperback and audio versions of your books. They will buy your photo even if they have never seen it before. They will be on your YouTube for free. Payment channel. Your "best" DVD version, even if you go to the Chef's table, they'll watch it once a month.

Kelly's vision is that the Internet can be the ultimate middleman and “sponsor” to support growth in the 21st century.Developers, whatever their niche, can now find real fans and will share their passion for meeting those fans with direct financial support.

But the Internet has changed. Centralized social platforms have become an important way for developers and fans to connect. These platforms take this opportunity to become a new middleman and use the conventional algorithm to insert multiple ads between developer and user to generate income, most of it in their pockets.

The good news is, the internet likes to come back to Kelly's vision. For example, many of the best Substack writers do more than their usual job. With its lenders, the impact of low interest rates will work well. 1,000 monthly subscribers paying $ 10 on Substack can earn more than $ 100,000 authors per year.

The crypto industry, especially the non-fungible token (NFT) industry, is able to establish direct business relationships between developers and fans.While social platforms are still very useful for building an audience (these platforms will also be replaced by better platforms), developers can rely on NFTs and other means of monetization, such as crypto systems. .

NFT is a blockchain-based certification, with each certificate representing a unique medium. This media can be anything digital including movies, videos, music, gifs, games, text, memes, and code. NFT contains reliable historical and historical data and allows you to send special issues (one of the most commonly used features of this code is to allow the original author to receive profits on second sales). NFTs have the same responsibilities as Bitcoin, which allows hundreds of millions of people around the world to hold Bitcoin and represents hundreds of millions of dollars in value.

NFTs have recently gained attention because of their large eyes. Over the past 30 days, NFT's sales have exceeded $ 300 million.

There is also a spread of conflict and bankruptcy in the cryptocurrency world, and NFTs appear to be changing as well.

NFTs provide value added manufacturers that are made up of three main components.The first is to eliminate rents in search of intermediaries as mentioned above.The logic of blockchain is that when you buy NFT you have everything, just like you buy a book or sneakers in the real world. NFT platforms and marketplaces exist today and in the future, but their use may be limited. This is because, as a member of the blockchain, permissions are returned to developers and users. forces trade to become responsible. the price. (Note that lowering the brokerage rate has a greater impact on the manufacturer's income. For example, if your income is $ 100,000 and your debt is $ 80,000, you would give 50% discount and your income would increase to 20 US $ 10,000 Disposable income is multiplied by 6 from $ 20,000 to $ 120,000.

A second way for NFTs to alter the business advantages of manufacturers is to achieve competitive costs.In advertising models, no matter how satisfied the fans are, they generate revenue. Like Substack, NFT allows manufacturers to “predict” the preferences of their users by offering unique products at a higher price. However, NFTs go further than unencrypted commercial products because they can be easily broken down into degraded commercial products until “fragmentation”. The value of the best NBA Star Cards can range from a hundred thousand dollars to a few dollars. For Bitcoin users, depending on their passion, they can buy as many as they want, up to 8 digits. The granular nature of cryptocurrencies allows manufacturers to capture a larger area according to the desired curve.

The third way that NFTs change the profitability of manufacturers is the most important way for users to become owners, reducing costs to get zero users.When you open the S-1 technical documentation, you can see the Big Customers / Paid Customers for Online Advertising and Sales Staff. In comparison, the total market value of cryptocurrencies has reached over $ 1,000 billion, but with little to no market value. No organization after Bitcoin and Ethereum, let alone a financial market, but it is loved, accepted and used by tens of millions of people.

Best NFT Performance Now: The NBA Top Shot grossed $ 200 million in sales last month with little to no trade spend. It can thrive because users feel like they have a true master skin in the game. It is a truly peer-to-peer industry driven by community, passion and creativity.

NFTs are still in their infancy and will continue to do so. Creating digital experiences around business, conversations, presentations, games and the virtual world can only improve them. Unlike NFTs, it can also provide cryptocurrency to other consumers. Modern movies like "Fortnite" have industrial models that blend like V-Bucks with materials like NFTs / skins. In the future, each community on the Internet will have its own microeconomic system that users can use, own and register NFTs and FTs (Fellow Tokens).

The "fan theory" is based on an old concept from the Internet.: Users and developers connect with the rest of the world, distraction-free, sharing ideas, and with financial confidence. Existing social media platforms differentiate this vision by locking developers into inconsistent distribution processes and pure benefits. So there are two ways to fight them: remove users or steal perks. Cryptocurrencies and NFTs offer three new ways to steal profit. Let's do it.