Revise raises $3.5 million to build rails for programming NFTs

Revise raises $3.5 million to build rails for programming NFTs

2 years ago
Anonymous $xqL1ZTchGQ

https://techcrunch.com/2022/04/28/revise-raises-3-5-million-to-build-rails-for-programming-nfts/

A popular criticism of NFTs is that they are just static JPEG files. Technically, they are not, of course. They are pieces of code on a blockchain, which means that they can be programmed to have various qualities. The NFTs that go on sale on marketplaces such as OpenSea are already programmed with instructions on the royalties to be provided to the owner, for instance.

But what if they could be programmed to do much more?

Revise raises $3.5 million to build rails for programming NFTs

Apr 29, 2022, 1:15am UTC
https://techcrunch.com/2022/04/28/revise-raises-3-5-million-to-build-rails-for-programming-nfts/ > A popular criticism of NFTs is that they are just static JPEG files. Technically, they are not, of course. They are pieces of code on a blockchain, which means that they can be programmed to have various qualities. The NFTs that go on sale on marketplaces such as OpenSea are already programmed with instructions on the royalties to be provided to the owner, for instance. > But what if they could be programmed to do much more?