What are the core values of NFT?

> > One of the values, the uniqueness of NFT >

Now the pictures, audio and video on the Internet are not unique. The famous real painting "Mona Lisa" is worth 3.4 billion US dollars, but its digital copies have been flying all over the sky, and some have been changed by magic. The Internet is convenient for people free of charge Sharing, but unable to determine who is the original and which is the original. On the other hand, NFT can uniquely digital files, including pictures, videos, and audio, making them unique and irreplaceable. NFT challenges the underlying logic and business logic of the entire Internet.

> > The second value, NFT is a tool to confirm rights >

NFT is the beginning of the assetization of digital products. The Internet has penetrated into all aspects of our lives. A digital picture, a social account, virtual characters and equipment in games, etc. have their own value in the digital world. In the 21st century, with the rapid development of digitalization, more and more digital virtual products, more and more abundant material life, people's consumption concept has also undergone tremendous changes, and they pay more attention to spiritual needs. Digital assets such as virtual identities, game equipment, skins and other digital assets in the virtual world have quickly become the top demand in people's spiritual needs, but at present these digital assets have a fatal flaw, that is, centralization, and institutional platforms control almost all of them. Control, as long as these centralized institutions shut down the server, users cannot retrieve their digital assets, and the equipment, skins, and pets that have been invested in real money are all wasted, and users have no real interest in digital assets. Ownership, if you want to turn digital assets into truly private assets, you must achieve decentralization.

NFT is the best solution. NFT is a valuable code on the blockchain, which can permanently preserve the user's ownership of digital assets and cannot be tampered with by anyone. Once this model is successfully practiced, fields such as games and VR will usher in a decentralization change. If you want to say which track is the most popular and most popular in the current blockchain field, it must be NFT. In just four years from 2017 to the present, the global market value of NFT has reached nearly 13 billion US dollars, and it has also appeared in recent years. There are phenomenal products, but for now, the vast majority of projects in the NFT market are still at the level of financial value, which means that if you buy an NFT product, you cannot cash it out immediately, you can only wait for it to appreciate and then sell it. To appreciate in value, hype is inseparable. Crazy hype has spawned sky-high NFT transactions. The reason for sky-high NFT works transactions is mainly because the market has not found a correct way to participate in and consume this emerging market with a market value of over 10 billion. .

It is believed that with the development of blockchain, VR, virtual reality and other technologies, NFT will penetrate into our daily life in a more benign way. If we want to make NFT develop lastingly and healthily, we must practice correct application scenario. For example, the current mobile game is one of the main ways for people to buy digital products. All kinds of cool equipment have also created an economic value of over 100 million, but if they are separated from the game scene, these game equipment is a bunch of virtual models. That's it, it has no role or value. With the application scenario of Chain Game NFT, it can also meet the needs of people's entertainment spirit, and it is a digital asset on the chain. In the scenario of cross-chain exchange, it can even be transformed into the field of art, compared to Centralized game equipment has more market value.

From the product point of view, everything can be NFT, the key is to use blockchain technology to practice necessary and value-maximizing application scenarios. At present, NFT is still in the initial verification stage, and the application scenarios that have been realized can be subdivided into games, artworks, finance and intellectual property. an important way.

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