Tell you what is NFT and the Metaverse in the most simple words

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Facebook CEO Mark Zuckerberg announced that Facebook will be renamed Meta, saying the new name is more in line with the focus on the metaverse. So far, he has invested $12 billion in the Metaverse Race. Major domestic manufacturers are also running. Byte acquired the Metaverse giant pico for billions of yuan, and even Chinese intangible cultural heritage collections are planning to land in the Metaverse.

This article introduces what is metaverse and what is NFT in a very popular way. Do these things have anything to do with us ordinary people? When it comes to the Metaverse, I believe that different scenes will emerge in everyone's mind. Wearing VR glasses, there are boundless stars, strange roads and buildings, cyberpunks, masked men, and sexy big sisters, all Are these the metaverse that the bigwigs from all walks of life are pursuing with huge sums of money? To understand the Metaverse, you must first understand his passport, NFT. NFT is non-homogenization. The token homogenization agent is very simple. I have 1 yuan, and you have 1 yuan, so no matter when, I can exchange my 1 yuan for your 1 yuan, they are worth The same, the same shape, always replaceable, and can be divided into five points, this is the homogenization instead of the opposite, non-homogenized.

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Tokens are different in value, in different forms, irreplaceable and indivisible. Like a piece of music or a painting. It is worth noting that not all irreplaceable and indivisible things with different values ​​and forms are NFTs, which are dedicated to encrypted digital assets. What are digital assets? Are the game skins I bought for 69 RMB counted as digital assets? No, first of all, the game skin is a bunch of code that can be copied. Even if it is limited, even if he only sells one in the whole region and all servers, individuals can copy it through technical means. Secondly, its actual ownership belongs to the game company, and the game company has the right to recycle all your things. When the game stops operating, you will have nothing.

Only after the digital product is NFTized, encrypted, and stored on the blockchain, can it become incomparable, there is no way to replace it, it can always exist, and it is a digital asset that only belongs to you. NFT is the combination of art and technology, and an inevitable product of the development of modern technology and culture. It solves the problem that works of art are difficult to trace and seek truth. You can use the same image, and I can use it too, but only the NFT will tell you who its real owner is. A football star bought an NFT image for $180,000, and a singer bought a virtual land for $120,000. On the surface, they seem to be huge leeks. In fact, the unique characteristics of NFTs make the value of these things incalculable. Everything you can think of in the huge metaverse world may be a cool racing car or a melodious song, including your character may be an NFT. Originally, the metaverse was just an unreachable concept. It was the emergence of NFTs that made the metaverse world possible.

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Why do you say that? Because the metaverse is not a pure virtual world, it is a decentralized concept, and blockchain technology and the resulting NFT can make it truly decentralized. Simply put, the Metaverse is a platform where users can freely create and create. But there is no intermediary on this platform. Before you go shopping on any domestic platform website, it will first flow to a third party, and then the third party will transfer it to the seller, including bank transfers. The bank is the center, or the intermediary. The existence of a third party makes the exchange of goods and money risky. What if the third party freezes your property, or it goes out of business?

In a huge financial crisis, banks will also go bankrupt. There is no such problem in the metaverse world, each user is a node, node-to-node, and everything is decentralized. It is no different from exchanging three yuan for two bottles of water in reality. Because it is very similar to reality in many aspects, ordinary people can also open a canteen to make money, go shopping in the mall or work for others. This sounds a bit miserable, but it is indeed possible. It may replace Douyin and Taobao as a new entertainment and shopping platform for the masses, or it may become a paradise for artists and creators.

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Besides, all our existing games have limited map size capacity, and in what we call a metaverse world, you don't hit a wall of air or get stuck in a bug. Go, let alone queue for hours because the server is full, and everyone can create what they want without waiting for new products from game companies every day. The ideal game world is nothing more than that.

This article was originally published on the "MetaFarm" public platform, so stay tuned for more in-depth interpretations of the Metaverse.

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