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HBR presents.

Hi everyone. You're listening to after hours. I'm young me. I'm Felix. I'm here. And I feel like I haven't seen you guys in a while.

For too long. I know. I'm sorry. Like weeks and weeks. But you've been having fun without me. I can tell. But it's not the same.

So, you know, I'm actually in a pretty good mood because I feel like we've hit some kind of tipping point where more and more people around me have either gotten their first vaccination or they've signed up for you.

Are you feeling the same thing? Very much so. I mean, I can see it around me. I can see it in the people who I know. But also even walking around. I walked by one of these places where people are getting shots. You feel like something big is happening.

Yeah, it's real. And I start thinking about what it's like to fly. What it's like to go places. What it's like to have to enter parties. It's like even though I know I have to be patient. But it feels like, oh, I can think about all of these things because it's not so far now.

Yeah. I've had to kind of readjust my thinking around returning to some kind of normal. So you mean no pajamas at noon.

Hey, let's not give personal take that back. I can invest that like I know this return to normality when it comes will be great. But I've kind of got a rhythm to this life.

And like any rhythm, even if you know the new rhythm will be better, I wouldn't call it like a sense of loss. But there is a sense of like, oh, yeah, I got to change again.

And it's weird that even if you know you're changing to a better world, can still inspire a little hesitancy in me. At least a little bit, I think.

For me is so different. I can't wait. Yeah. So there's good and bad. Okay. So here you walked in tonight with a really fun idea.

I think we got to talk about NFTs. Oh, no. Join the crowd. I know. Well, look, so these things called non fungible tokens.

They're either completely brilliant or completely crazy or both. And feel like we also might need to do an intervention with young me.

Only the NBA top shots. They're so fun.

Some remedial work. Yeah. And I want to talk about the music industry. So this should be fun.

Okay. Me here. This thing is all over the headlines, by the way. Yeah. These non fungible tokens. So let's talk about it.

Because these are one of those topics where I just don't entirely know what to think about. And I need to talk to you to figure out what to think about.

So here's what these non fungible tokens are. So that's what NFT stands for non fungible tokens. And they are the ability in the digital world to create ownership of a very specific kind of digital asset.

So for example, a digital painting can be copied many, many times. But what an NFT does via the blockchain and via a cryptocurrency kind of background is allows you to stipulate that this particular version of it is in fact the original.

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