Apr 12, 2022
In Wellness Forum
This concept, which seems to only be popular in the geek circle, is now extremely popular "outside the circle". Beginning in 2020, from Elon Musk to Yao Ming, from Coca-Cola to Disney, Marvel, to LV, GUCCI, eBay, Facebook, everyone from all walks of life began to play NFT. The sky-high auction is an important promoter of NFT's emergence - a set of works by digital visual artist Beeple, "Everydays: The First 5000 Days", was auctioned at Christie's in the form of NFT. The "world's first tweet" consisting of only five words was sold for $2.9 million. At present, there are 4 crypto artists in the world worth hundreds of millions due to their works in the NFT field. Alibaba and Tencent have entered the game, what is the magic of NFT? Digital visual artist Beeple's "Everydays: The First 5000 Days" sold for $69.35 million in an NFT auction All kinds of strange things have been cast into NFTs, such as Jobs' handwritten "job application", NBA highlights, sneakers, WeChat/QQ avatars, virtual stones, Buddhist amulets, real estate, World Wide Web source code, Nobel Prize papers, "Times". Weekly cover, etc. In the scene of "everything job title email list can be NFT", what is NFT? NFT is a non-fungible token (Non-Fungible Token), and its "non-fungible" means that each NFT is unique and indivisible. This means that when a work is cast into NFT, the work becomes a unique digital asset on the blockchain. Technological revolution, copyright protection variables, speculative bubbles, metaverse prelude... The meaning of NFT in the eyes of different people is very different. With the rapid progress of NFT in overseas markets, more and more players in China are embracing this new thing. After the rise of the art field, domestic Internet giants have also sought to enter the NFT. What changes will it bring, and what do the big manufacturers intend to do? 1. How did NFT become popular? Judging from the most practical technical results, the entertainment and art industries are currently the most enthusiastic embracers of NFTs. It has always been extremely difficult for creators to protect the copyright of their works - most artistic creations can be easily copied, but it is difficult and costly to investigate every infringement, which seriously dampens the enthusiasm of creators. NFT provides new ideas for solving copyright issues. When a work is cast into NFT and put on the chain, the work is given a unique code that cannot be tampered with to ensure its uniqueness and authenticity. In this way, no matter how many times the work is copied and distributed, the original author is always the sole owner of the work.