A popular criticism of NFTs is that they are just static JPEG files. Technically, they are not, of course. They are pieces of code on a blockchain, which means that they can be programmed to have various qualities. The NFTs that go on sale on marketplaces such as OpenSea are already programmed with instructions on the royalties to be provided to the owner, for instance.
But what if they could be programmed to do much more?
That’s a trend we have seen in recent quarters. Pearpop introduced dynamic NFTs earlier this year that gain value as a social media post goes viral. The NFTs on Axie Infinity change their properties as a user makes inroads in the game.
A new startup, called Revise, is attem …
