🪙 Entanglement Chains and Inscriptions in Web3: Non-Fungible Fungible Token (NFFT) Explained by Expert Eric Pulier of VATOM with Enchain.ai!
Edge of NFT Podcast - A podcast by Eathan Janney, Jeff Kelley & Josh Kriger
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In this special Edge of NFT Live episode, join us at the VIP: Venice Innovator Party during NFT LA Community Week to explore the cutting-edge world of blockchain technology. We're with serial entrepreneur and CEO of VATOM, Eric Pulier, as he discusses Smart NFTs, non-fungible fungible tokens (NFFT,) and the grand unification theory revolutionizing the crypto world. 🤝 Join us at Outer Edge - Riyadh on April 23, 2024, for an exclusive dive into the future of Web3 and AI technology, where innovation meets collaboration. 🎟️ Apply to Attend: https://www.outeredge.live/riyadh Support us through our Sponsors! ☕💲 Simplify your crypto payments with Request Finance and get 1 month FREE through our referral link: https://bit.ly/RequestFinance 🎥 Want to make content like ours? Sign up with Castmagic to make your creative process easy: https://bit.ly/CastmagicReferral 🌐 Want to own a Web3 domain? Check out our frens at Unstoppable Domains to get you a piece of the web - no annual fees EVER: https://unstoppabledomains.com/?ref=outeredge 🛈 When you purchase through these links, we may earn a commission.🔑 Key Takeaways: ◆ VATOM is a Web3 platform that partners with giants like Samsung, Intel, P&G, Verizon and more to transform blockchain usage globally with their Smart NFTs and the new NFFT standard. ◆ The NFFT standard merges existing NFT utilities from ERC20 and ERC721 into a revolutionary token type. ◆ Enchain.ai's mission is to revolutionize token interoperability and preserve digital identities across blockchain platforms like VATOM. ◆ The Potential of NFTs for Community Engagement: Stake behavior can gamify community engagement, enhancing token rarity and value, highlighting the potential for NFTs to create deeper community involvement through gamification. This is important as it emphasizes the role of NFTs in fostering community participation. ◆ Flipping Units from Fungible to Non-Fungible: The concept of flipping units from fungible to non-fungible and the involvement of blockchain in the process is discussed, showing the potential for evolving and changing assets without losing anything. ◆ Revolutionizing the Approach to NFTs: The origin of the idea for a non-fungible token that can scale and bring gamification together with liquidity is discussed, demonstrating a shift in perspective and approach to NFTs, potentially impacting the industry's future. Fungible tokens gain more utility and scarcity through the attachment of an NFT, potentially transforming the way digital assets are perceived and valued in the market. 💬 Quotes from Eric Pulier: ◆ What makes something cohesive is that shared sense of humor - that communal value that drives a community! ◆ NFTs have the power to provide ongoing communication and galvanize communities. ◆ What you are allowed to do is to create interesting game mechanics for people as a whole in the broader blockchain sector, and only then is your community allowed to engage. Explore the potential of NFTs as a human engagement tool and their applications in the fast-changing technology landscape. More from Edge of NFT:🐦 Twitter 📸 Instagram 🖱 Website 👥 Facebook🧳 LinkedIn 🥾 Reddit 🕹 Discord🤖 Follow our AI podcast, the Edge of AIThis is not financial or tax advice. Edge of NFT content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Whenever making financial decisions, we recommend doing your own research and talking to your accountant for financial advice. Disclosure: From time-to-time we may feature sponsored content for which we receive value and we may share links for which we receive a commission if you make a purchase through one of these links. See our full Disclaimer, Terms & Conditions, Privacy Policy, and Copyright Notice for details.