Raoul Pal: In a completely digital world, NFT is really the basic building block of value, ownership, ID and contract

According to reports, Raoul Pal, CEO of Real Vision and former Goldman Sachs executive, said on social media that in our digital index era, the links between culture, technology and community are very strong. This is also very important… In our almost completely digital life world, NFT is really the basic building block of value, ownership, ID and contract. The digital trend is something you may not like, but you can’t stop it. If a major technological change is taking place and is irresistible (AI also belongs to this category), the best way is to understand it, understand it, and possibly embrace it. In the dynamic NFT community world, whether based on art, pfp (pure community), membership, hybrid, or anything else, they are scattered in the digital society on the Internet… But they are all part of the larger digital society, Web3 world, closer to the network state.

Interpretation of this information:

The message highlights the significance of NFTs in the digital age and how it has become a fundamental element in the world of ownership, value, ID, and contract. Raoul Pal, the CEO of Real Vision, and a former Goldman Sachs executive, points out that in our current era, the links between technology, culture, and communities are very firm, and it’s crucial to understand them. He emphasizes that despite people’s opinions towards the digital trend, it’s not something you can stop, and it’s essential to understand and embrace it.

Pal further explains that in the dynamic NFT community, which ranges from art, PFP, memberships, and hybrid, among others, they all exist on the internet as part of a larger digital society or the Web3 world. This ecosystem, which is closer to a network state, shows the interconnectivity between technology, culture, and communities, which Pal initially highlighted.

In conclusion, the era of digital indexes has created strong links between technology, culture, and communities. NFTs have become the building block of value, ownership, ID, and contract, which all exist on the internet. The dynamic NFT ecosystem, regardless of its structure, is a part of the broader digital society, Web3 world. The three keywords from the content are Digital era, NFTs, and Web3 world.