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Games, artwork, fragmentation, tokenization, what exactly is NFT?
2021-04-10 09:09
This article is about 2820 words, reading the full article takes about 5 minutes
NFT will go out of the circle to attract more people into the circle. They don't need to understand the blockchain, as long as they can recharge


NFT, I feel that I have written a lot of related articles about NFT in the past six months, but none of them are very in-depth or specialized, so I plan to write an article, which I personally think may be more specialized.

A non-fungible token (English: non-fungible token) is a data unit on a digital ledger called a blockchain, each token can represent a unique digital item, so they are not interchangeable.

Non-fungible tokens can represent digital files such as paintings, audio, video, items in video games, and other forms of creative work.

While the digital files themselves are infinitely replicable, the tokens representing them are tracked on their underlying blockchain and provide buyers with proof of ownership.

ps: From Wikipedia.

So in fact, NFT is non-homogeneous, that is, tokens that can be split into individual units, or small "fragments" that can be combined to form a complete body, or a "puzzle" , and other homogeneous tokens are the small puzzles above, which are combined to form a complete "puzzle", which is indispensable.

Of course, there are people who turn the ownership of something into an NFT. Every holder is the owner of the thing and enjoys the right to "own". Because of holding the ownership of this collection, but the ownership is divided, when a person collects all the NFTs representing this collection, he can enjoy the ownership of this collection.

Here I will explain it step by step, or follow me, let's learn NFT together! ! !

Game articles.


NFT was originally represented by games. Whether it was Ethercat in 2017, Mana, Enj, SandBox, Flow or the current Alice or Alien World, they all use games as the entrance and exit, exporting games ➡️NFT this piece.

At the peak of Ethercat, a cat was worth hundreds of thousands of dollars, a piece of virtual land in Mana and Sandbox was auctioned for millions of dollars, Flow’s star card was sold for hundreds of thousands of dollars a piece, and the upstart Alice World was listed on Binance because of its tokens. Mining has led to a hundred times, or even a thousand times of one coin, and Odaily's land has also been several times.

Turn the former game currency ➡️ official trading platform ➡️ legal currency into game currency ➡️ legal currency, and the game currency will "fluctuate", it will not be the same, there will be middlemen to make the difference, don't you see the treasure house of Fantasy Westward Journey, the handling fee is as high as 11%, and it seems to be charged in both directions.

More importantly, it can break the solidification of class in the real society. It is also different from the previous games. It all starts from 0, but it is more transparent. If you want to krypton gold, your channel can only be obtained from other players. , turning the game into a second world, so that in the game and in the real society, you can "make money to support your family with peace of mind".

At present, most games exist in the form of:

1. Card game; (represented by Meme)

2. Virtual city sandbox games; (represented by Mana, Enj, Sandbox)

3. Big IP star cards, F1 racing cars and other IP products; (represented by Flow, Revv)

4. Fund disk; (represented by Brc, Egt)

5. Pet raising games; (represented by Axs and Ethercat)

Welcome everyone to add, mainly I haven’t played these games very much, and I really don’t know why these things are so expensive, but even if you have played Fantasy Westward Journey or Legend, you also know that a non-level weapon can sell for several million Renminbi, blockchain games are just derivatives of krypton gold games, after all, they are the only ones.

NFT games ➡️Krypton gold ➡️Recharge ➡️ Awesome, the summary of NFT games is hype, and then krypton gold.

NFTization of artwork.


The NFTization of artworks is actually quite easy to understand. It is nothing more than that the artworks you see no longer exist in the form of entities, but form a token. However, does this matter? You collect artworks not because you think This thing is ok, but from the value behind this thing.

For example, can the things painted by Picasso have the same value as the things I copied?

More deeply, anti-counterfeiting is actually very simple.

Don’t you see that on opensea and rari, a lot of artworks have been forked on a large scale. Whether these things are valuable depends on the people who buy them and the people behind them. If you want to hype an encrypted painter, then you only buy Its, like Beeple, can you believe that it sells tens of millions of dollars for a painting?

It is also a painting, and it is also an NFT. Why is Beeple worth a thousand gold, but you are worth a thousand catties? Isn’t this a matter of personal IP?

And the most interesting thing is that the NFT of artworks is more conducive to collection than physical artworks, and the storage is also nicer. Of course, I have never bought artworks, so it depends on what free people who collect artworks think.

IP is the greatest value of artwork NFT!

NFT Fragmentation/Tokenization



Fragmentation, this thing is actually a bit like equity, a complete thing is divided into pieces, and then everyone buys it.


There is actually a problem with this thing, that is, there is no price for a rivet. Suppose there are 10 holders, one with a mark of 1u, one with a mark of 10u, and one with a mark of 0.1u. It is a difficult problem at present, so unless the fragmentation can be as large as the normal token, and then the transaction is smooth, there will be a fair price.

At this time, the market will give a price, which is the same as our coin speculation. Not everyone bids very differently, so how to keep the fragmentation value in a reasonable range may be a place that needs attention in the fragmentation process. .

At present, many projects will acquire NFT assets and then issue tokens in fragments. Whether it is NFTX, B20 or ShardingDao, they are all doing this.

However, it is still unclear whether it is the right direction for NFT, because the road has been walked out step by step, at least no one has been able to prove how the price of fragmentation is determined.

Basically, it is equivalent to using a certain NFT as an asset, and then issuing a coin based on it. All the value of the holder comes from the value of this NFT. Isn’t this a listed company that uses xxxx as its asset and then issues shares? what.

I can't make it up.

What is driving NFT forward?


1. Various FoMos: Various funds have begun to enter the NFT market, and the news all over the sky is introducing NFTs, which makes many people who have missed DeFi fear that they will miss NFTs.

2. Digitization of traditional gameplay: Whether it is blockchain games or artworks, they are relatively traditional things, but the current difference is only reflected in digitization. Both scarcity and certainty make it possible to discover whether it is "counterfeiting" or "theft";

3. Consumer psychology: I have been playing the blind box game on bsc for the past two days, and I found it too addictive. Fortunately, it was for free, otherwise the phone will be smashed, and I can’t open any good things at all. I can only say that it is a card Dude is too dude.

It is very valuable to get the previous blind box, so because of the "rich" effect, many people are willing to participate in this. What's more important is that in the traditional circle, there are loyal players, and it is really krypton gold. Returning to the main theme, krypton gold is the main theme.

Let’s not talk about hype about NFT. Everyone is not a fool. Although there are indeed bubbles, there are not as many bubbles as imagined. Of course, many projects on the market have begun to change from the previous DeFi to NFT. This is also the most recent Many institutions in the primary market are suffering from headaches, but it will indeed greatly promote the industry.

Chat casually about the market.

Chat casually about the market.

The market really changed suddenly on Saturday. Someone who read the article recently should have noticed that it was mentioned on Wednesday that the big market started on Saturday. After all, it is the end of a triangle shock. At present, the direction is chosen to be upward. But the daily line has not been confiscated, so continue to pay attention.

I know a lot of friends who do contracts, and the contracts are all closed.

But pay attention to one thing, the strength of the short sellers is very weak. It feels that the short sellers have run out around 43,000 in the Shanghai wave, and only leeks are left to sell themselves.

All articles of Professor Suo cannot be used as investment advice and recommendations. Investment is risky, and the risk in the currency circle is even worse. It is recommended to evaluate personal risk tolerance and prepare psychologically before entering the market.

|Risk warning


All articles of Professor Suo cannot be used as investment advice and recommendations. Investment is risky, and the risk in the currency circle is even worse. It is recommended to evaluate personal risk tolerance and prepare psychologically before entering the market.
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