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The Worm NFT - What is it?

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Manage episode 314222627 series 3290288
Content provided by NFTs.WTF. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NFTs.WTF or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode, Jamie Burke talks to Megan and Felix, two of the founders of Ambition - the organisation behind the worm.
What actually is the Worm, the first share to mint NFT?
The worm is a single NFT that wants to travel the blockchain. It needs everyone's help to do that it can't move on its own. It needs to be passed around from person to person. The Worm's goal is to see as much of the blockchain as possible and to visit as many wallets as possible. And it needs each person who gets it to then determine where it goes next and pass it along. As a thank you, the worm leaves behind some evidence that it has been in your wallet; a hologram. It's a copy of itself. As the worm journeys across the blockchain, it leaves behind this numbered trail of where it's been, who gave it to who, how long it was in each person's wallet, and it starts to build this audience of helpers who have given its journey, this great story in life.

Sounds amazing, right?

  continue reading

25 episodes

Artwork
iconShare
 
Manage episode 314222627 series 3290288
Content provided by NFTs.WTF. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NFTs.WTF or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode, Jamie Burke talks to Megan and Felix, two of the founders of Ambition - the organisation behind the worm.
What actually is the Worm, the first share to mint NFT?
The worm is a single NFT that wants to travel the blockchain. It needs everyone's help to do that it can't move on its own. It needs to be passed around from person to person. The Worm's goal is to see as much of the blockchain as possible and to visit as many wallets as possible. And it needs each person who gets it to then determine where it goes next and pass it along. As a thank you, the worm leaves behind some evidence that it has been in your wallet; a hologram. It's a copy of itself. As the worm journeys across the blockchain, it leaves behind this numbered trail of where it's been, who gave it to who, how long it was in each person's wallet, and it starts to build this audience of helpers who have given its journey, this great story in life.

Sounds amazing, right?

  continue reading

25 episodes

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