There are still two days until Christie's auction house auctions NFT for the first time.
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(Source: Christie's official website)
According to the official introduction, this NFT auction will be conducted in the form of an online auction, supporting the use of Ethereum tokens for payment. Traditional auction houses auction digital artworks and support cryptocurrency support, which is undoubtedly a milestone event for the development of the overall NFT market.
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(Source: nonfungible)
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(Picture: CRYPTOPUNKS #3323)
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(Picture: "CRYPTOPUNKS#6965")
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(Source: nonfungible)
The first reason is that it is inseparable from the indivisible, irreplaceable, and unique characteristics of NFT. NFT has a unique and unique logo, and two pairs are not interchangeable.
"There will not be two identical leaves in this world" is the most straightforward interpretation of NFT, and it is precisely because of its unique and irreplaceable attributes that it endows it with more precious value and thus gains more recognition.
The second reason is that based on the current global economic situation, virtual assets have become the main hedging option.
The third reason is that NFT has a high turnover rate and is a high-quality liquidity tool, which has high value for the ecological development of the public chain.
In the field of NFT, art collection is the most extensive scene. "Crypto Kitties" and "CryptoPunks" are both popular art collections in NFT. In addition, NFT usage scenarios also include domain names, game assets, star cards, tickets, asset mapping, etc.
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(Source: dappradar)
In addition, Flow, which gained a lot of popularity relying on the NBA TopShot project, contributed most of the sales in the NFT market recently.
On January 26, the total turnover of NBA TopShot reached 29.42 million US dollars, surpassing "Crypto Kitties" and becoming the number one NFT. The number of collectors of NBA Top Shot launched at the end of 2020 is only 18,800, which is 20% of the number of collectors of "Encryption Kitties".
Among them, the transaction price of LeBron James' dunk NFT in the 2019-20 regular season game against the Rockets reached $71,455, the highest transaction price for NBA TopShot.
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(Source: dappradar)
At the end of 2020, the DeFi craze fell back, and NFT ushered in a wave of development. In 2021, the outlet for NFT has become clearer. Should we participate in NFT?
There are four ways to participate in NFT.
1. Participate in primary market subscription.
2. Secondary market transactions.
3. Publish your own NFT works.
4. NFT platform token
Anyone can publish their own NFT works, which has caused the uneven quality of works in the NFT market. When the value of NFT works cannot be judged, we can judge the value of different NFT works through the secondary market. However, the value of collectibles is often formed based on subjective consciousness, so having a high art appreciation ability is also a necessary ability to participate in NFT.
In addition, NFT works are easier to be copied. As long as the pictures and names are modified to be the same as the real works, the real ones can be confused with the real ones. Although it can be identified by checking the contract address, for users who are new to NFT, there are still some difficulties in identifying the authenticity. threshold.
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(Source: opensea)
In addition, NFT platform coins such as ENJ, MANA, SAND, FFF, RARI, etc. have been listed on Huobi, Binance, OKEx, Coinbase and other exchanges. However, as far as the current status of the encryption market is concerned, compared with the tokens of the DEX platform, the value of the tokens of the NFT platform is obviously inferior. consider.
Or, make an NFT work of your own, maybe you will be hit.
