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  • February 9, 2024
  • Article
  • Project Syndicate

The Rise of Consumer Crypto

By: Steve Kaczynski and Scott Duke Kominers
  • Format:Electronic
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Abstract

Although non-fungible tokens are often misunderstood and even derided, they remain a general and flexible solution for establishing and tracking ownership in the digital domain. As a superior solution to existing technology in many areas of the consumer economy, their widespread adoption is all but inevitable.

Keywords

Cryptocurrency; Crypto Economy; NFTs; Non-fungible Tokens; Internet Of Everything; Market Design; Technological Innovation; Demand and Consumers; Web Services Industry

Citation

Kaczynski, Steve, and Scott Duke Kominers. "The Rise of Consumer Crypto." Project Syndicate (February 9, 2024).
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About The Author

Scott Duke Kominers

Entrepreneurial Management
→More Publications

More from the Authors

    • June 2025
    • Journal of Finance

    Collusion in Brokered Markets

    By: John William Hatfield, Scott Duke Kominers and Richard Lowery
    • March 14, 2025
    • Harvard Crimson

    Harvard Students Should Ignore Calls to Boycott Israel Trek

    By: Jesse M. Fried, Paul A. Gompers, Scott Kominers and Mark C. Poznansky
    • March 2025
    • Faculty Research

    O2X: Optimizing to the X

    By: Scott Duke Kominers, Thomas Jennings and Maisie Wiltshire-Gordon
More from the Authors
  • Collusion in Brokered Markets By: John William Hatfield, Scott Duke Kominers and Richard Lowery
  • Harvard Students Should Ignore Calls to Boycott Israel Trek By: Jesse M. Fried, Paul A. Gompers, Scott Kominers and Mark C. Poznansky
  • O2X: Optimizing to the X By: Scott Duke Kominers, Thomas Jennings and Maisie Wiltshire-Gordon
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