10 Stable Coin NFT Concepts
As far as I know, there is not a stable-coin based blockchain that supports NFTs.
A new or existing stable blockchain will need to be built. It will need to be programmable like Ethereum.
ETH NFTs are financially tied to the Ethereum crypto, this is why the have the greatest worth amongst other less performing crypto blockchains. Part of ETH NFT worth is the speculation. If there was a stable coin NFT blockchain, the speculation would only be about the worth of the asset.
Stable NFT = SNFT (I just made this up)
A new or existing stable blockchain will need to be built. It will need to be programmable like Ethereum.
ETH NFTs are financially tied to the Ethereum crypto, this is why the have the greatest worth amongst other less performing crypto blockchains. Part of ETH NFT worth is the speculation. If there was a stable coin NFT blockchain, the speculation would only be about the worth of the asset.
Stable NFT = SNFT (I just made this up)
1. No extrinsic value, only intrinsic.
2. Price = Price
If you list your SNFT for $10, even if ETH crashes or moons, the SNFT will sell for $10.
3. Power of smart contracts
I just remember that Louis CK(I think) at one time was upset about scalpers reselling his tickets for his shows. He wanted to guarantee that people only paid $40 for a ticket. Somehow they were tracking which tickets were sold via scalpers, and those were invalidated- and they were not let into the show.
BUT with a programmable SNFT, it cannot be resold at a higher price if the smart contract denies it. AND after the date of the show, the ticket could then be resold as a collectible at any price- programmed via smart contract.
4. Safe for crypto critics
5. Mass adoption
6. Eco friendly
Dont forget, credit card processing destroys the environment more than crypto.
Credit cards are destroying the environment.
7. Publishers can still control price
8. Amazon will have its own stable blockchain
Kindle books are only owned within Amazon... you dont really own it. You permanently borrow it. You cant resell you digital book- yet.
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