Improving NFTs through licenses and enhanced liquidity

<p>There are three problems with artwork NFTs at the moment:</p> <ul> <li>the buyer isn't getting much more than a row in a database,</li> <li>sales are linear and infrequent, so there is no liquidity, and hence price discovery is speculative rather than investment or trade-driven, and</li> <li>ongoing royalties are difficult to implement</li> </ul> <p>Through the use of capped Automated Market Makers and an interesting token-to-license path, Vitomir Jevremovic is aiming to solve all of those problems in one go.</p> <p>In this video, I talk about the mechanism he is proposing.</p> <p>(Full disclosure: I hold no tokens or equity in the NFT-PRO project.)</p>