What is NFT? How can ordinary people participate in NFT and make money?
Since the outbreak of the metaverse concept, another digital collection NFT has emerged. What is this NFT? What does it have to do with us ordinary people? Ordinary people want to participate, or even want to make money, how should they participate?
> > What is NFT >
Its full name is Non Fungible Token, which is often translated into non-fungible tokens in Chinese, or non-fungible tokens. To simply understand it is an entry of the blockchain, and the blockchain is a cryptocurrency similar to Bitcoin. You can also understand that there are works of art, property rights, and even physical assets that exist in the real world in the virtual world. Bills, as well as various tickets, commemorative cards, peripherals, and figures, digitize all these things and can be cashed out. This method is called NFT. So why do we take NFT out and talk about it now? It means unique, such as the Great Wall, such as the Mona Lisa.
There is a milestone event in the history of NFT in 2021, that is, the creation of artist Beeple, which is composed of 5,000 relatively small images to form a digital NFT that he owns and auctioned at a bidding price of $69.34 million. It sounds absurd, but it is actually not difficult to understand. If collectors collect in real life, is the headquarters also in krypton gold? If it is in the virtual world, doesn't this just show the collector's status in the digital field? And looking at the value of the entire NFT market three years ago, it was only 40 million US dollars, and now a painting has exceeded the original size, so the more people get on the car, the more and more people will get on. Jay Chou and his good friends co-organized the trendy brand. He also teamed up with the Metaverse platform to release a limited amount of NFT. The limited release of NFT is 10,000 copies, priced at 6,200 yuan, and sold out in 40 minutes, with a total value of 6,200 Ten thousand.
> > How to participate in NFT >
How to participate next will be sorted out for everyone. If you are still a novice, you really don’t know what is going on with NFT and the Metaverse. If you want to know more about it, there is a chance that is suitable for you. It is free and special. There is a sense of participation. A certain platform is launching a digital snowflake activity, which happens to be based on the theme of the opening ceremony of our Winter Olympics, which is also a snowflake. This event brought together Olympic champions, stars, and trendy artists to create a variety of snowflake works. Each snowflake is a digital collection, and each work is limited to 1,000 copies. You can get one-thousandth of a snowflake, and it can be enjoyed up close in AR augmented reality. You can also take a photo with this art work. Of course, it is up to you how to play, so the first way to participate is like everyone can experience it. The limited edition of this NFT is scarce, original certification, exclusive display and interesting experience. can feel it.
The second way to participate, if you are a person who can create, you don’t necessarily have to be an artist, no matter if you can draw or write calligraphy, or create games or create music, as long as you can put the works you create NFTization can gain more opportunities in the primary market. Of course, in addition to your creation cost, you only need to pay an NFT fee.
The third way to participate is to choose NFT works for collection and investment. Of course, the risks are high, and these types of participation are all risk-increasing. In any case, the first to eat crabs is to take risks, but it is true that early investors have reaped dozens of times of returns.
Fourth, some people will definitely say to pay attention to the NFT market. The answer is no, because there are too many bubbles and traps. Those who understand must understand how to distinguish them. It is not recommended here. In fact, the secondary market can consider relevant listed companies, and focus on identifying whether it is rubbing against the theme of NFT. For example, some listed companies will announce announcements. For example, the West Lake No. 1 digital collection platform launched by Wansili is based on the block. Chain of Metals R&D and operations for digital collections of products and services. In addition, Visual China, which we are familiar with, has created a digital product platform for visual arts, including official websites and small programs. The recent launch is also a reference for everyone.
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