Agenda: What’s the hype? What are NFTs? History of NFTs NFTs + DeFi + DAO = Superpowers Other use cases Challenges Demo (if time permits) Other resources

1. NFTs
A new era in sports memorabilia
collectables has begun!
Chinmay Patel:
CEO @ BlockX Labs

2. Some of our clients...
.... and more!

3. Agenda
● What’s the hype?
● What are NFTs?
● History of NFTs
● NFTs + DeFi + DAO = Superpowers
● Other use cases
● Challenges
● Demo (if time permits)
● Other resources

4. NBA Top Shot
$230 million in
buying & trading
digital collectibles
of NBA highlights
… WTF?

5. Beeple Art
Beeple sold an NFT
for $69 million,
making him “third
most valuable living
artist”.

6. Jack Dorsey
sells his first tweet
ever as an NFT for
over $2.9 million.

7. What are Non-Fungible Tokens (NFTs)?
Digital provenance on blockchain
Unique Indisputable
Transparent Immutable
Programmable

8. First NFT - CryptoPunks (June 2017)
● Randomly generated 10,000 faces
● Total of 8,612 sold for 143.92KΞ
($330.14M USD) so far
● Minimum price is 20.25 Ξ ($46,453.09
USD)

9. Landscape
Source: https://coopahtroopa.mirror.xyz/A16NP2XXi9RdHptfdF9WHR0Xq_E1XDmUgMwPmJYOG7w

10. Token Standards
● Most of them are minted on Ethereum blockchain.
● ERC-721 Non-Fungible Token Standard
● EIP-2981: ERC-721 Royalty Standard
… coding is fun, but let’s not talk about it today.

11. NFT + DeFi + DAO = Superpowers
NFT20
… and all can be used inside a flashloan. It’s the best kind of leverage!!
Facemelt

12. Other NFT use cases
Anywhere you need to prove the ownership or the
trail of ownership or have a complex payment
structures, NFTs are great.
● Property deed
● Car ownership (VIN#)
● Insurance (and claims)
● Company ownership
● Pay music royalties
● School/Course certificates
● Marriage certificates
.. take a minute and tell me what you can think of!

13. NFTs are awesome, but …
● Gas fees are crazy and slow to mint.
● Technical security is still a challenge!
● Who owns the art, really?
● Are they a financial security?
● User experience is not the best.
● Still hard for new artists.
● Hype is real!

14. Demo

15. But Keep Exploring!!
● https://3lau.medium.com/operation-melt-faces-96c0c4710194
● https://www.coindesk.com/nifty-gateway-nft-hack-lessons
● https://www.theartnewspaper.com/news/nft-breakthrough-ethereum-c
o-founder-joe-lubin-creates-energy-efficient-blockchain-and-damien-hir
st-is-its-first-artist
● https://medium.com/superrare/superrare-raises-9m-to-build-the-future-
of-art-collecting-e2b3ded227e8
● https://coopahtroopa.mirror.xyz/A16NP2XXi9RdHptfdF9WHR0Xq_E1X
DmUgMwPmJYOG7w
● https://www.youtube.com/watch?v=DYpGONb0jPI
●

16. 34 King St E, 2nd Floor, Toronto, ON @blockxlabs
Thanks!