The World Intellectual Property Organization (WIPO) and European Union are exploring a new idea around using NFTs to protect intellectual rights and prevent counterfeiting.
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Changpeng Zhao explained he has yet to ask Musk for a detailed plan but that charging for comments and blue ticks are both in the pipeline.
This sudden surge comes just as NFT innovators are beginning to reimagine what it means to engage in online collection or digital ownership.
Soulbound tokens, with their air of myth and legend, have very real applications that could significantly disrupt the finance sector, bringing decentralization to DeFi and creating a whole new way of thinking about society.
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