A key thesis, substantiated by many others in the industry, is that digital collectibles, through non-fungible tokens (NFTs), can reinvent the creative economy. It’s subverting the creative work: make it as accessible as possible and sell digital collectibles related to the creative work. Thus: instead of trying to restrain or restrict creative works, it’s more valuable if it’s more freely available and accessible. It’s a holy grail for content. I chose to experiment with this for stories.

In the creation of patronage as an asset class, one creates virtual collectibles whose beneficiary earns revenue at a specific rate from an always specified self-assessed price by the owner. An outstanding question is what rates to set.

What is the optimal size for a blockchain collectible (NFT) economy? How many unique items should be in a collection? How does one maximise the value of this economy? These are very interesting questions, because there's a trade-off between scarcity of a collectible economy & its inclusivity (allowing users to participate through ownership of a collectible). Currently, many projects in the space simply thumb-suck the size of their economies or employ unproven generation of new collectibles. The projects either generated too much or too little.