NFTs + Stable Tokens + Crypto Games = Freedom

Let's play a game which sets us free



Let's first highlight what NFT stands for. An NFT is a Non Fungible Token. These are unique one of a kind or rare collectible items. For example, Drugwars which is popular among Steemians will soon offer collectible cards. These collectible "hero" cards with unique properties will be an example of an NFT/Non Fungible Token. 

Non Fungible Tokens provide an element of luck to the mix if implemented right. For example you roll the dice via the blockchain by way of a verifiable delay function or by way of the hardware clock implemented via random number generator on the trusted execution environment. This random element allows for the lottery effect and in my opinion this lottery effect is  a mechanism of distributing opportunity in a verifiable fair way. A random number generator is all you need to implement any randomization in the blockchain context and from this you can now randomly distribute the NFTs in a manner where all participants have a fair chance to get a very rare or very unique collectible.

In the context of a game world a collectible can have unique powers, unique properties, super rare features. In the context of a social network such as Steem a collectaible token could aware unique roles, powers, abilities, access, to the receiver who has the one of a kind token. That token could be redeemed (burned) to be spent for whatever it is redeemable for in the social context.

What about stable coins? Suppose you are the player of a game on the blockchain and you actually win a rare collectible worth $100,000? This would be a windfall but the problem now exists if for example the IRS guidance is how things are. You receiving something currently worth $100,000 in the context of a game or fork or airdrop may be interpreted by tax authorities as "income" at the rate you won it at. A stable token would allow you to redeem for example your collectible for the stable token which would allow you to pay your taxes and keep what you won in the game or lottery.

When you combine these elements they produce freedom. Financial freedom, as in the ability to actually play these crypto games as a profession. You could earn a viable living playing crypto games for fun due to the advanced in crypto tech highlighted in this post. The NFT, the Stable Tokens, and the Crypto Games = Freedom.