Almost overnight, it seems like non-fungible tokens (or NFTs) have shot into the mainstream. Every day there’s a new headline about a celebrity, social media influencer, or youtube star selling a piece of digital art on the blockchain for an insane amount of money.

Ever since Ethereum exploded onto the cryptocurrency scene and enriched early investors, numerous blockchain networks have been jockeying to capture a piece of its market share. This is understandable— smart contracts and programmable money could disrupt many sectors of the world economy in much the same way email disrupted the post office or Amazon disrupted retail, especially in areas like government and law. Cardano is one of the frontrunners in this competition.

The 2017 crypto rally spawned thousands of projects. Many likened it to the dotcom bubble, where a speculative boom and bust led to hundreds of low quality projects folding, while a few companies emerged triumphant from the chaos. For many who were investing during the last cryptocurrency bubble, the question was “How do I pick the next Amazon, Google, or Facebook?”

In December 2010, the (now defunct) website UndergroundEconomist.com was one of the first to declare “bitcoin can’t be a currency.” In the decade since, , 99Bitcoins has tracked almost 400 articles from naysayers proclaiming Bitcoin as a scam, worthless, or dead… During this time, the “dead” king of crypto has risen in value from a humble …