Document Analysis NLP IA
FREQ, RAKE or TFIDF
Summary (IA Generated)
Paris Hilton revealed she is not only bullish about NFTs but also has a good understanding of potential applications of the technology, in an extensive blog post explaining her excitement about the sector posted on April 6.
In a blog post titled “I’m Excited About NFTs—You Should Be Too”, Hilton demonstrates an informed understanding she said comes from learning everything she can about the subject by immersing herself in the NFT community on social media and “working with NFT collectors like WhaleShark, Illestrater, internet entrepreneur Kim Dotcom and the founders of Origin.
“I see NFTs, or non-fungible tokens, as the future of the creator economy.
They use blockchain technology to help creators increase the value of their work and share it with fans in real time.
Often referred to as the “world’s first social media influencer”, and self-described “#bossbabe”, Hilton appears to be aiming to position herself as an authority on the NFT space, at least for a mainstream audience, as she readies to release a new drop soon.
The former reality star said that isolating at home during the global pandemic had “illuminated the importance of digital worlds—and NFTs,” as many people move their lives online for entertainment and social connectivity.
In particular, Hilton notes the potential value of NFTs in virtual reality: .
Digital art, fashion or branding can all be displayed on someone’s avatar or in a virtual environment, or traded for other goods, You can already buy virtual real estate using NFTs.
Hilton notes that NFTs could also empower the fashion industry to showcase their designs and products digitally, with the pandemic currently making it difficult to host fashion shows.
Hilton draws on the example of tokenizing authentic baseball cards as a way to explain the basic concept of NFTs to her millions of fans.
She said that “as the owner of the card, you can create a token on the blockchain representing the authenticity of that baseball card.
Hilton concluded by stating that the potential applications for the technology are so wide ranging that she’d only just starting to wrap her head around them.