The NFT Invasion Nobody Noticed
While headlines obsess over JPEG speculation, NFTs have quietly become the backbone of modern DeFi. Uniswap positions, Polymarket bets, and Sablier payment streams all run on ERC-721s.
The infrastructure takeover is already happening 👇
~~ Analysis by @punk0439 ~~
Why Everything Will Be an NFT
"Everything will be an NFT."
So tweeted
@pbrody, Chair of the Enterprise Ethereum Alliance. As an NFT wonk, I concur. Ontologically, NFTs are ownable handles for unique onchain state. Their flexibility and programmability position them to permeate every area of human life.
Since 2021, most associate NFTs with art, PFPs, and game assets. While experiments like
@normiesART
, and
@DXRGai
continue in these categories, the format simultaneously colonizes finance and business infrastructure.
The Infrastructure Reality
These protocols already use NFTs as core infrastructure, though none market themselves as "NFT projects":
>
@Polymarket. Underpins Yes/No prediction market outcomes with conditional ERC-1155s.
>
@Uniswap. V3 and V4 liquidity positions are minted and managed through ERC-721s.
>
@LiquityProtocol "Trove" borrow positions transfer as ERC-721s, enabling onchain debt markets.
>
@eth_strategy. Issues long bonds composed of American call options represented as ERC-721s.
>
@flaunchgg. Lets coin launchers access trading fee revenues via ERC-721 Royalty NFTs.
>
@Sablier. Represents Flow and Lockup-style real-time payment streams as ERC-721s.
>
@ensdomains. Domain ownership and transferability function via ERC-721s.
>
@Courtyard_io. Tokenizes physical collectibles like Pokémon cards as ERC-721s to streamline secondary markets.
> FundingWorks by
@token_works. Vests raised ETH through soulbound NFTs and issues patron NFTs burnable to reclaim unspent funds.
>
@RAILGUN_Project. Deploys ERC-6551 NFT smart wallets inside shielded addresses for private DeFi access.
>
@thewarren_app. Supports deploying multi-file websites onchain with no external dependencies via NFT containers.
> zOrg by
@z0r0zzz. Mints membership badges as NFTs for its onchain DeFi corporation.
For these protocols, the NFT is simply the most elegant tool for the job—an ownable, programmable handle for unique state. As Brody suggested, this quiet proliferation across finance and business will only accelerate, even as the NFT label fades into infrastructure.
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