Over the last year there’s been ample debate about the legitimacy of NFTs as an investable asset class. Some swear they are. Others acknowledge that while NFTs may appreciate financially, their real value is in the “utility” they grant owners (e.g. serving as tokens for accessing membership, as I wrote about here).

How NFTs Will Unlock Membership Economies:

I recently read Aldous Huxley’s A Brave New World. The book describes a utopian futuristic society - the “world state” - controlled by what is effectively a benevolent dictatorship. All hardships have been removed from daily life, and people exist in a constant state of happiness, ease, and perfection.