Walden: NFTs act as canonical identifiers linking arbitrary metadata to digital assets
Jesse Walden · a16z Podcast | Crypto And The Evolution Of Open Source · Jan 2, 2019 · at 16:34
Jesse Walden explains the technical architecture of non-fungible tokens (NFTs) as shared identifiers for tracking media context and ownership on open blockchain networks.
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“NFTs, non-fungible tokens, are an embodiment of the same idea, where you have a canonical identifier for a thing. It could be an image, a song, you know, a you know, anything, literally anything. And hooked to it is metadata, and the metadata is arbitrary, and it can be application-specific, it can be who made it could be you know, it could be all the retweets.”
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