Fungible ideas around NFT (non-fungible token)

Ayush Bhadauria
2 min readSep 24, 2021

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As I see it, ideas are fungible.

It’s the same concept everyone has. Originality is like a buzzword; NFT club membership appeared to be an idea with tremendous potential. Still, it seems to be losing its grip as the introduction of numerous applications and similar ideas revolving around the NFT world are still existential. However, if we’re talking about creating an Ethereum-based DAO economy, The NFT market is still in its infancy, and there is more territory to be covered. Few growing concerns are yet to be looked upon. The most important thing I can say is that there is no standard answer; each project in the NFT Space is distinct yet similar and has its own set of difficulties — not only technical but also legal, economic and business-related aspects.

NFT Club’s

However, the primary problem in the NFT business right now is a lack of fresh solution possibilities. It’s hard to find something original and exciting for this kind of technology, so it looks like we will have to wait until someone comes up with a good idea before building the next hot project.

Due to the nature of NFT, the idea of an idea has become more fungible than it used to be. When people talk about ideas, they don’t mean the process of generating new ideas; they represent the idea itself. This is something I think we need to rethink.

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Ayush Bhadauria

zk 🦈 | Researching tech trends and innovations to keeps me sane, mostly 🧘🏻‍♂️