Current Problems with the NEAR NFT Landscape

Hi all

Well…this is a discussion that has been going on within NEAR for pretty much the whole of the last 18 months of my time in the ecosystem…and probably well before that. (Maybe with the exception of the the January/Feb explosion in interest/transactions)

The “MagNFTify” telegram group set up a year ago was brain-dumping ideas to turbocharge mainstream adoption of NEAR NFT’s on the back of the BAYC summer…and while there were lots of good ideas…both long-term and short-term…nobody was really invested full-time in delivering…which makes the ASAC @antisocialstudios “Y Combinator” style proposal interesting:

http://gov.near.org/t/antisocial-studios-identify-incubate-accelerate/

TENK have been the key NFT innovators on NEAR…and really should be involved too… if it suits them.

Personally…I believe that the opportunity/issue is multi-faceted…which probably suggests a broad spectrum approach is required…and that many things are probably true at the same time…rather than in conflict:

  • NEAR should be focussing on NFT innovation and long-term sustainable programs/solutions that increase adoption of Web3 - ticketing, sweatcoin, mintbase redeemables etc.
  • NEAR should also probably be sensitive to dominant high volume trends…which the PFP/NFT communities have clearly been for the last 12 months . These ‘trends’ may be short term…or they may even be the sustainable long-term future for onboarding the next 1bn…
  • At the same time…NEAR has ground-breaking technology…maybe it should also look to promote/support ground-breaking original culture that epitomises a mature confident blockchain ecosystem

So…yes…how about a dedicated body with overall full-time responsibility for a unified NFT strategy…with divisions underneath it for separate verticals…but as @starpause says in the linked thread above…“The scale of work that goes into running a program along these lines is massive.”

Anyway…all a good discussion :+1:

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