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Solana Co-founder: NFTs are the Early Starts of True Web Social Networks

Amy Liu

Summary: In a recent interview with Business Insider, Solana co-founder Anatoly Yakovenko remarked that NFTs are in fact the early prototypes of how social media networks will look in the future. In fact, over 73,000 NFT sales worth a whopping $271.5 million have been made in just the past week alone.  Yakovenko noted, “I think these ...

In a recent interview with Business Insider, Solana co-founder Anatoly Yakovenko remarked that NFTs are in fact the early prototypes of how social media networks will look in the future. In fact, over 73,000 NFT sales worth a whopping $271.5 million have been made in just the past week alone. 

Yakovenko noted, “I think these are the early starts of true web social networks that do not rely on ads for monetization, that don’t rely on Google or Facebook to function. They are purely these digital communities.”

By Amy Liu

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