Why does the NFT launched by crypto.com dare to auction for tens of thousands of dollars?
Condary
2021-04-01 06:14
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NFT has driven a new industry direction, promoted the outbreak of many high-quality applications and became known to everyone, but in contrast to these projects, which one has not been accumulated after a long period of polishing and scrutiny.

At 17:00 on March 26th, Beijing time, the NFT platform launched by the cryptocurrency debit card company Crypto.com officially launched the first batch of products - Aston Martin Cognizant F1 Team NFT.

Previously, on March 2, Crypto.com announced the establishment of a partnership with the Aston Martin Cognizant F1 team and sponsored Aston Martin's Formula One racing team, which also paved the way for today's NFT sale.


When the NFT goes online, there are 5 moments for everyone to buy. The price is divided into 3 types: 300 US dollars, 3000 US dollars and 10000 US dollars. The payment method can be credit card or wallet.

Unlike the blind box nature of NBA Top Shot, there is no need to wait, and you can receive the NFT directly after the purchase is completed.

Looking at the NFT categories open to the public this year, it can be seen that many companies or projects that are new to NFT are not blindly linked to NFT, but anchor the value of NFT in the form of joint name, so that the degree of recognition of NFT Higher and higher, resulting in a panic buying boom.

Previously, VaynerMedia CEO Gary Vaynerchuk tweeted: "99% of NFT will not be a good investment, there will be some large-scale collapse in the next 12 to 24 months. Many people will be confused and think this is a fashion , that’s when it gets good. It’s going to be an interesting decade. That 1% is going to be the biggest return ever.”

I agree with this point of view. It is true that there are too many NFT collectibles following hot spots on the market. After the hot spots, the value of these NFTs will shrink sharply, but now the proportion of valuable NFTs is gradually expanding. Combined with IP has become a major trend.

In my opinion, the greatest value realized by NFT is the transfer of the value of non-homogeneous assets of entities and the establishment of personal ownership. Now everyone can see that many new and old projects are chasing the NFT hot spot and want to combine with it, but what happens when this hot spot fades? It is possible that the development path of DeFi will be similar to that of last year. Most of the hot pursuits will end up in one place, and the positive content brought by this concept to the industry and some top projects will last forever.

In fact, this itself is exactly the same as the company. For example, when shared bicycles were the hottest, there were hundreds of companies doing shared bicycles. When people really accepted and used them, in fact, there were only a few that could be truly used by the public. .

Now the development direction of NFT is mainly based on cooperation, integration and innovation, such as NBA Top Shot in cooperation with NBA, fan token CHZ launched in cooperation with football clubs, application OVR combined with AR real scene, and games introduced based on sandbox The Sandbox, BCA, an on-chain exhibition platform combined with artwork, DEGO, an application combined with DeFi, etc.

In the future, I think that the gradual maturity of NFT in the game field will attract some young people to enter. The fun and operability of the game will be an important factor for NFT to go out of the circle. The reason why DeFi cannot go out of the circle is because of its The financial attribute is too heavy. Only by investing and managing money frequently can you play DeFi applications, and NFT is something that is rooted in everyone’s heart. A painting, a graffiti wall, a toy, etc. are all types of NFT. This human The natural judgment ability determines whether it can be used by most people, it is only the strength of the judgment ability.

It is not difficult to see that NFT has driven a new industry direction, promoted the outbreak of many high-quality applications and became known to everyone, but in contrast to these projects, which one has not been accumulated after a long period of polishing and scrutiny.

Some projects that are hotly hyped and followed blindly will eventually end up in a mess.

Condary
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