Distinguished Department Seminar with Ari Juels: Non-Fungible Tokens (NFTs): How Should the Apes Evolve?

When

April 21, 2023    
1:10 pm - 2:00 pm

Event Type

This Iowa State University Seminar is an online seminar only

 

Title: Non-Fungible Tokens (NFTs): How Should the Apes Evolve?

Abstract: Non-fungible tokens (NFTs) have leapt to prominence as a technical and social phenomenon. Popular tokens such as the Bored Ape Yacht Club (BAYC) are attracting enormous sums of money and spawning whole subcultures, even in the midst of the current “crypto winter.” Platforms for NFT distribution and management have endowed NFT marketplaces with attractive features and capabilities, but have unfortunate drawbacks. For example, in “drops” of popular NFTs today, it is hard to achieve fairness: Bots often snap up new offerings and corner the market. In this talk, I’ll discuss desirable features for future NFT platforms, resulting technical challenges, and candidate solutions and offer a brief retrospective of an experimental NFT gallery opening held at Cornell Tech in 2022.  

Bio: Ari Juels is the Weill Family Foundation and Joan and Sanford I. Weill Professor in the Jacobs Technion-Cornell Institute at Cornell Tech and the Technion and a Computer Science faculty member at Cornell University. He is a Co-Director of the Initiative for CryptoCurrencies and Contracts (IC3). He is also Chief Scientist at Chainlink Labs. He was the Chief Scientist of RSA, Director of RSA

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