They are enormously different strengths of social contract though both in terms of number of participants and consequences for breaching it.
Five of my friends agreeing to share a dirt bike is a social contract after all.
Five of my friends agreeing to share a dirt bike is a social contract after all.
We can also see that many blockchain projects actually rely on more mundane social contracts like our legal system and governments with actual terms and conditions, registered companies and the like.
If you think NFTs are going to radically alter social contracts around ownership on a wider scale I've got a lovely plot on the moon to sell you.
In reality, at the moment a government had authority over those under it.
So perhaps this idea of social contracts reveal both the aim (destroying of society, hype and illusion to create communities) and the weakness (government, monopoly of violence, status quo)