Demystifying Web3, NFTs, and the Blockchain for Everyday Businesses and Consumers

NFTs aren’t just pictures on the internet, or a fad that has come and gone. Rather, they’re a new technology for creating digital assets and providing irrefutable proof of ownership. NFTs open up markets that have never before existed, and are already revolutionizing commerce and brand-building at everything from hot startups to Fortune 500 companies. 

Steve Kaczynski and Scott Duke Kominers have created a framework that explains what NFTs are, why they’re valuable, and how businesses can leverage them to build highly engaged and intensely loyal communities around their products and brands.

Through original research and industry experience, Kominers and Kaczynski describe the possibilities of this new digital frontier with clarity and rigor. The Everything Token is the essential primer on this innovation that has the potential to transform all aspects of business.

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Meet the Authors

Steve Kaczynski

Steve Kaczynski has more than fifteen years of experience as a communications and marketing professional, including stints in leadership at Progressive Insurance and Nestlé. Now a tech entrepreneur, consultant, and commentator, he cohosts the popular Web3 morning show Coffee with Captain, and served as the Community Lead for Starbucks Odyssey, the coffee company's NFT-based loyalty program.

Scott Duke Kominers

Scott Duke Kominers is the Sarofim-Rock Professor of Business Administration at Harvard Business School; a Faculty Affiliate of the Harvard Department of Economics; and an a16z crypto Research Partner. He co-leads Harvard's Crypto, Fintech, and Web3 Lab. He also advises companies and serves as an expert on marketplace design, NFTs, and Web3 strategy.

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