Vitalik Buterin discusses how to utilize NFT for "the better cause"


In a recent blog post titled “The Most Important Scarce Resource is Legitimacy,” Ethereum’s co-founder Vitalik Buterin shared his thoughts on the recent NFT hype and the “social” function of NFT’s. Buterin believes that the NFT technology can be good to put use and be applied to socially relevant causes such as charities and funding public goods. However there needs to be a change of mindset away from the current one that considers it a “casino that largely benefits already-wealthy celebrities,” since “there is little social value in helping celebrities add another $1 million to their bank account by selling NFT’s.”
Source: Igaming