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# System prepended metadata

title: NFT & SSI

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# NFT & SSI

What are the questions i want to answer?

- Why are people opening their doors with NFT's but not with SSI?
- Why are NFT's mainstream and SSI not?
- Why are credentials not cool?

[Samsung-backed university to issue NFTs to select graduates](https://forkast.news/headlines/samsung-backed-university-nfts-graduates/)


[NFT and SSI: unlocking a new gaming experience](https://www.cheqd.io/blog/nft-and-ssi-unlocking-a-new-gaming-experience)


[Man unlocks door using ETH, by verifying a NFT (ENS) ownership!](https://www.reddit.com/r/theinternetofshit/comments/r5n9pj/man_unlocks_door_using_eth_by_verifying_a_nft_ens/)



## Why the SSI space should embrace million dollar apes

[By: Jan Rietveld](https://twitter.com/jan_rtvld)

A few weeks ago i stood upon this article: [Samsung-backed university to issue NFTs to select graduates](https://forkast.news/headlines/samsung-backed-university-nfts-graduates/). This reminded me of a reddit post i saw a while back of a someone [opening his door using Ethereum](https://www.reddit.com/r/theinternetofshit/comments/r5n9pj/man_unlocks_door_using_eth_by_verifying_a_nft_ens/).

From a technical point of view this is hillarious. I can think of ten better ways to securely open your door. But i think there's more to these stories. These people are trying to come up with solutions that are in line with most of the core values we in the SSI space have been working on for years.

Web 3 has seen a big rise in popularity in the last year. A lot of people (including me) are getting to know this new version of the internet by exploring cryptocurrencies, NFT's, DeFi and blockchain games.

Now, i know what you're thinking. We've seen hypes come and go. Most of this stuff is just marketing agencies building on the hype around cryptocurrency, Metaverse and other buzzwords to raise venture capital money. But fundamentally these projects don't differ that much from what we are working on in the SSI space.

*Met NFTs proberen we X op te lossen door x, met SSI proberen we x op te lossen door x.*


- Some cryptocurrencies provide a safe haven in a world were no country is safe from problems like inflation, corruption or even fraud. 
- Online ownership has been an issue for years, where the most viable solution was dumping your stuff at some centralized organization that handles it for you, while also taking a bug chunk from your revenue in the process.
- More recently, the decentralized gaming space gained a lot of popularity. These solutions allow you to port over your in game items and progress from one game to another. This opens up a lot of new opportunities for game franchises while also giving gamers the oppurtinity to take some control over their time and in-game belongings.


Identity verification using verifiable credentials will help with KYC in the decentralized finance space, that is very much still unregulated. An identity layer will help the DeFi space handle the upcoming regulations regarding KYC and AML.


NFT's might not be the best for opening doors or issueing diploma's. However, they do provide ownership-based access management, which allows rights for products and services to become tradable. [This recent whitepaper from walt.id](https://walt.id/decentralized-identity-explained/ssi-vs-nfts) states this as the following: 

**SSI is for proving who you are, NFTs are for proving what you own.**

This recent article from [Cheqd](https://cheqd.io) explains how the uniqueness and scarcity from NFT's combined with verifiable credentials can also make [a big impact in the decentralized gaming space](https://https://www.cheqd.io/blog/nft-and-ssi-unlocking-a-new-gaming-experience). 


Most of [the princples](http://www.lifewithalacrity.com/2016/04/the-path-to-self-soverereign-identity.html) written down by Christopher Allen can be traced back to these developments; Control, Interoparability, Transparency. These are all fundamental things both communities strive towards. So why are we not embracing this?


I think there is alot of sceptisicm around NFT's and the crypto space among some of my peers right now. But what if we embrace the hype that is created around this technology to nudge people into the right direction? Instead of hating on apes and pixelized figures, embrace the attention the whole Web 3 space is getting and start teaching people about online privacy and decentralised identity solutions.

So next time your old highschool buddies are trying to sell you a story of why a jpeg is worth half a million, show them the **real** value that decentralised technologies can bring them (you can use [our demo](https://demo.animo.id) for that). 





# Ana 

## Wat moet de opbouw zijn?

- Luchtige introductie met real life voorbeelden
- Benoemen van het punt van de blog (in line with values of ssi)
- Web 3 opkomst, hypes, veel onzin, veel chaos.
- MAAR onderliggende probleem is hetzelfde.
- Met NFTs proberen we X op te lossen door x, met SSI proberen we x op te lossen door x. 
- Wat nu als we ze combineren an allemaal niet zulke cynische klootzakken zijn. + voorbeelden van vette opties
- Punt nog een keer maken 
- Luchtige afsluiter.







## Why the SSI community should embrace million dollar apes

[By: Jan Rietveld](https://twitter.com/jan_rtvld)

- Luchtige introductie met real life voorbeelden


I was reading my RSS reader to other day when i stood upon this article: [Samsung-backed university to issue NFTs to select graduates](https://forkast.news/headlines/samsung-backed-university-nfts-graduates/). Another one that i stood upon was a [reddit post of a man opening his door using ETH](https://www.reddit.com/r/theinternetofshit/comments/r5n9pj/man_unlocks_door_using_eth_by_verifying_a_nft_ens/).


From a technical point of view this is hillarious. I can think of ten better ways to securely open your door. But i think there's more to these stories.

- Benoemen van het punt van de blog (in line with values of ssi)

These people are trying to come up with solutions that are in line with the cores and values we in the SSI space are trying to achieve for years. 


- Web 3 opkomst, hypes, veel onzin, veel chaos.

Web3 has seen a big rise in popularity in the last year. A lot of people are dipping their toes in cryptocurrencies, NFT's and decentralised gaming (GameFi). 
Now, i know what you're thinking. We've seen hypes come and go. Most of this stuff are just marketing agencies building on crypto and metaverse buzzwords to gain VC money.



- MAAR onderliggende probleem is hetzelfde.

But the fundamentells of these projects dont differ that much from what we're doing in the SSI space. 

Online ownership has been under discussion for years now where the most compelling answer was dumping your stuff at some centralised party that handles it for you and takes a ridicuolous cut from your revenue. 


- Met NFTs proberen we X op te lossen door x, met SSI proberen we x op te lossen door x. 



- Wat nu als we ze combineren an allemaal niet zulke cynische klootzakken zijn. + voorbeelden van vette opties

Most of [the princples](http://www.lifewithalacrity.com/2016/04/the-path-to-self-soverereign-identity.html) written down by christopher allen can be traced back to [both NFS and SSI]. Control, Interoparability, Transparency. These are all fundamental things both communities strive towards. So why are we not embracing this?

Just think about what we can do if we combine the uniqueness and scarcity from NFT's with the capabilities of verifiable credentials. A recent article from [Cheqd](https://cheqd.io) explains how this [unlocks a new gaming experience](https://https://www.cheqd.io/blog/nft-and-ssi-unlocking-a-new-gaming-experience).  

*add more examples of the possibilties with SSI and NFT's*


- Punt nog een keer maken.

I think there is alot of sceptisicm around NFT's along of some of my peers right now. But what if we embrace the hype that is now created around this technology to nudge those people into the right direction? Instead of hating on funny apes and pixilised stick figures, embrace the attention the whole web 3 space is getting and start teaching people about online privacy and decentralised solutions.

- Luchtige afsluiter

So next time your old highschool buddies are trying to sell you a story of why this Ape is worth half a million, show them the real value that these technologies can bring us in the future (you can use [our demo](https://demo.animo.id) for that. :) ) 




 






The thing is, as Sam Curran recently pointed out in [this disccussion about NFTs and DIDs](https://www.youtube.com/watch?v=sGXyekD0kZk): DID's and VC's never had their NFT moment.