OPEN TALK: Demystifying NFTs

DeveloperWeek Main Stage
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Tejas Chopra
Netflix, Senior Software Engineer

Tejas Chopra is a Senior Software Engineer, working in the Data Storage Platform team at Netflix, where he is responsible for architecting storage solutions to support Netflix Studios and Netflix Streaming Platform. Prior to Netflix, Tejas was working on designing and implementing the storage infrastructure at Box, Inc. to support a cloud content management platform that scales to petabytes of storage & millions of users. Tejas has worked on distributed file systems & backend architectures, both in on-premise and cloud environments as part of several startups in his career. Tejas is an International Keynote Speaker and periodically conducts seminars on Micro services, NFTs, Software Development & Cloud Computing and has a Masters Degree in Electrical & Computer Engineering from Carnegie Mellon University, with a specialization in Computer Systems.

Non-fungible tokens have taken the world of digital art by storm. The growth in NFTs this year is a staggering 1500%+, and is set to revolutionize art & collectibles. In this session, I present the basics of NFTs, and delve into industries disrupted by NFTs: art, collectibles, gaming. I will discuss how to dip your toes into the NFT world by minting your unique collectible as an NFT on platforms such as OpenSea.
NFTs started off on Ethereum blockchain, but soon, Ethereum ran into scalability issues since it only allowed 10-15 TPS. This sparked a surge in different blockchains designed specifically for NFTs, such as WAX, FLOW, etc. We will discuss about how they open up new types of dApps and marketplaces, such as NBA Top Shots.
Finally, we will touch upon some of the perceived environmental impacts of NFTs for users to make informed decisions about platforms they use for trading.