laitimes

Spend $100 million on tonight's moon

author:UP2U Investment Research Agency

How vast can the world we live in be?

It is no exaggeration to say that where the human imagination is at its fingertips, it is the boundaries of the world. And in the current era of multiculturalism and technology, it seems that nothing can stop the human imagination from landing on Mars? Space colonization? You can even buy tonight's moon for $100 million if you want.

The young poet Luda said in the Chronicle of Eden:

The moon shines in white for one night, and I like you in vain for a night. If you can see the bright moon, it's because I'm looking at you too. If you have also been illuminated by the bright moon, then I have not liked you in vain.

Such a romantic moonlight, no matter who it is, wants to survive, right? With the help of NFT, the ideal of "romanticism" will really shine into reality.

What exactly is nft?

The full English name of nft is non-fungible token, which literally translates to Chinese: non-homogeneous tokens, like the defi we discussed earlier, are a subdivision of blockchain technology.

Reference article: "The defi that is about to hang up is out again and scares everyone a lot"

Although we know that nft refers to non-homogeneous tokens, many people may still not understand what non-homogeneous tokens are. Since there is non-homogenization, there must be a corresponding homogenization token.

What we are familiar with, what is the homogeneous token, Bitcoin is a homogeneous token, let's look at the characteristics of Bitcoin, Bitcoin can be exchanged with each other, I can use my 1 Bitcoin can be exchanged with your 1 Bitcoin without affecting the value, in addition, I can also divide Bitcoin into smaller units, such as 1 Bitcoin can be divided into 10 0.1 Bitcoins, I can even take 100 0.01 Bitcoins and you trade.

This is the characteristic of homogeneous tokens, we will find that the US dollar is also a homogeneous token, the US dollar with different serial numbers will not affect the value, the US dollar and the US dollar can be exchanged with each other, and 1 US dollar can also be divided into 2 50 cents.

In contrast, non-homogeneous tokens are completely different, although they are all a string of code under blockchain technology, but each nft is unique, with indivisible, irreplaceable properties. There is a very interesting application about nft, called "crypto cat" cryptokitties, it is called the world's first blockchain game, in the game, people can adopt cute digital cats, each cat is an nft, they are encrypted through code, have a unique genome, and this genome determines the appearance and characteristics of cats, players can let cats breed to create new cats, unlock cherished appearance attributes.

Spend $100 million on tonight's moon

In this way we can know the characteristics of non-homogeneous tokens, each nft (like each cat) has uniqueness and scarcity, is irreplaceable, and at the same time, nft can not be divided, just like a Mona Lisa you cut him in half, the value can not be equal to a complete Mona Lisa. Crypto cats too, you can never take half a cat to trade.

Therefore, compared with homogeneous tokens, NFT is considered to have broad prospects in collectibles and the promotion of digital patents, copyrights and other fields.

Multiple application scenarios of nft

Just last month, crypto artist Beeple's digital artwork "Everyday: the first 5,000 days" sold for $6,934 (more than 400 million yuan). And that also made Beeple the third-highest-selling living artist after Jeff Koons and David Hockney.

For a time, the art circle and the coin circle produced a wonderful intersection, because the uniqueness and scarcity of the artwork perfectly fit the attributes of the nft (non-homogeneous token) and became one of the popular applications of the nft.

In addition to artwork, nft actually has a lot of application scenarios, some of the known applications include you can turn a tweet into nft, you can also turn a wonderful dunk moment of an NBA star (gif GIF) into an NFT, the famous luxury brand (jacob & co.) even launched a watch that only exists in the virtual world - epic sf24 nft (although you can't wear this watch in reality, but this unique shape, The entire 3D animated video of the watch with the old New York era was cast in the NFT) This virtual watch was expected to fetch a high price of more than $200,000 (even more than a physical watch).

Spend $100 million on tonight's moon

At the end of last year, Gucci and the newly listed game company Roblox cooperated to launch a virtual costume with Gucci elements, and at the same time, in addition to roblox players, Gucci also launched a virtual sneaker called Gucci virtual 25 with the augmented reality platform Wanna, aimed at mass consumers in the Wanna app. This is also seen as an important attempt by the luxury industry to try to step into the NFT space.

Although some people think that the birth of NFT is a new bubble, the so-called virtual transaction is just a string of code, but in the digital age, who can say that a string of code is meaningless? With a string of code, you can have a unique melody (nft application for digital music), you can have a unique scenery (nft application for artwork), or you can have a unique moon.

Faye Wong's "Moon at That Time" has such a lyric:

Look at the moon at that time

The result is the same for whoever has been represented

Overnight it turned into today's sunshine

Who can tell me which kind of faith

It can make people remember

If there was nothing at the time

What if you had something at that time?

When people give different meanings to the moon, romanticism is born, and when people code this untouchable thing, is it a beam of moonlight that romantically shines into the real world?