On September 28, Conflux and Odaily held an offline event "When Thinker Meets Artist", hoping to connect the artist market with the mainstream market through this event, and jointly explore the combination of art and innovation.
On September 28, Conflux and Odaily held an offline event "When Thinker Meets Artist", hoping to connect the artist market with the mainstream market through this event, and jointly explore the combination of art and innovation.
In addition, she believes that NFT will become a form of breaking the circle. In the future, NFT will gradually integrate with more fields across borders. "Everything can be NFT." Many industries and assets in the real world can use the NFT protocol.
The following is the content of the speech, enjoy~
The following is the content of the speech, enjoy~
Today is actually quite special. At this time last year, we released the Roast Boy IP blind box, and we were still talking about NFT. This year, NFT has exploded in the industry and has undergone great changes. Today I want to talk about my point of view. If there is something wrong, I welcome your corrections.
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(1) Everything can be NFT
First, NFT brings another form of value to the blockchain. We used to say that projects are closely related to financial attributes, and NFT allows the blockchain to move closer from the financial system to the real world and the human world.
At the beginning of this year, I joined an NFT art exchange group. Everyone will discuss issues such as the copyright protection of NFT in the field of artwork. The atmosphere is very enthusiastic, and there will be hundreds of messages in a while. In other communities, everyone may pay more attention to the rise and fall of token prices, and there is a clear difference between the two.
In addition, I think NFT will become a form of breaking the circle, and NFT will gradually integrate with more fields in the future. It is often said that "everything can be NFT", and many industries and assets in the real world can use the NFT protocol. For example, we browse the web, download files, or scan the QR code to make electronic payments. In fact, the NFT protocol will become a common method in the future-a general protocol that can put our offline assets on the chain.
The current application of NFT is mainly concentrated in the fields of digital certificates, games and metaverse. Digital certificates are all the information we store on the chain, such as copyright certificates, copyright transfers, identity information, academic certificates, and certificates, etc. Some off-chain assets can also be uploaded to the chain as certificates. The other is the collectibles market, which is also a big market, because it has very consistent characteristics with NFT-it cannot be copied and is relatively scarce. Facebook, Christie's (Christie's), NBA, UFC, GUCCI, JAY-Z, etc. are all there. Actively deploy this industry.
Furthermore, games are also an area that can be well combined with NFT. Now all the props in the game are actually owned by the game project party. However, through the NFT protocol, the props can be turned into NFT, and all props cannot be tampered with. It becomes an asset on the chain that belongs to the game player completely. Even if the server is shut down or down, the asset still belongs to the player.
However, this kind of game application still has strong technical requirements on the underlying technology of the public chain, and many games are still based on Ethereum, so there is no way to better innovate. In fact, the tree map (Conflux) does a better job in this regard. Its processing speed is faster and more stable, and it is also a relatively cutting-edge public chain, which can effectively help the game field to achieve breakthroughs.
In general, collectibles account for the largest proportion of NFT at present. It is indeed the most suitable for NFT, and it is also the first to be combined; followed by artwork, social networking, games, and finally metaverse, music, etc. In fact, it can be seen from this distribution that in some relatively complex scenarios, the current proportion of NFT is relatively small. In addition, NFT is still in the early stages of development, and everyone still needs to explore how to develop in the future. Its development space is still very wide of.
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(2) NFT problems and challenges
Because NFT is closely integrated with real application scenarios, it will have a legal currency market, which is actually integrated with the real world. From an overseas perspective, Marvel, Facebook, and GUCCI are all making efforts in this field; from a domestic perspective, Alipay launched Feitian’s IP NFT this year, and NetEase, Byte, etc. also announced their plans to deploy in the NFT field.
Of course, NFT is still in its early stages of development and will also be affected by the environment and policies. Its biggest market is the combination of collectibles, so there will be some bubbles in the price, and getting it back to the regular value may be a key to making it go further. In addition, NFT has realized the digital assetization and circulation transaction of virtual items. With the continuous enrichment of digital technology and applications, the landing scenarios of NFT will become more diverse.
Finally, I would like to talk about digital transformation. The "14th Five-Year Plan" proposes a digital transformation. Coupled with the impact of the epidemic in recent years, enterprises are already facing the transformation of the digital economy, which is already a survival mode. You can also realize that with the ups and downs of changes in the market economic environment, consumption characteristics, and information technology iterations, the "difficulty" of the market has been further accelerated. Enterprises need to break through from the original "successful experience", embrace changes, and master new ones. "Playing" can really improve the "immunity" of enterprises.
To sum up, the decentralization of technology produces trustworthiness for centralized management; the centralization of management produces practical value for decentralized technology. In response to various challenges, institutional confidence, cultural confidence, and technical confidence are the deep foundations for the development of the industry.
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(3) The future of NFT
Let's talk about NFT compliance.
On September 25, 2021, Slovenia will become the first country in the world to issue a non-fungible token (NFT) to promote the achievements of its businesses and tourist destination. The tokens will be given to visitors of the Slovenian pavilion at the Dubai Expo, which opens on October 1.
On August 10, the official Weibo of Audi, a subsidiary of FAW-Volkswagen, announced that it will issue a limited number of NFT art blind boxes created by artist Cheng Ran based on the new Audi A8L 60 TFSIe through the xNFT Protocol. A new Audi A8L 60 TFSIe owner. Among them, NFT works will be jointly released by Audi, FAW-Volkswagen, Robb Report, and xNFT.
In terms of Fiat-to-NFT, Shanghai Tree Map Research Institute proposes a general compliance solution for NFT transactions using legal tender. Fiat-to-NFT uses cryptographic technologies such as MPC and threshold signatures to shield the technical details of the blockchain, making operations such as signatures, authorizations, and transfers transparent to the application layer. Fiat currency transaction NFT is only one of the supported scenarios. In the future, Fiat-to-NFT can be used as a technical channel to open up the blockchain world and the real world, allowing traditional Internet applications to explore infinite possibilities on the blockchain.
Hand-painted Peking Opera facial makeup NFT, hand-painted facial makeup of intangible cultural heritage cultural entities through offline mailing, and online binding to send facial makeup NFT. Ms. Xu Yana, a folk artist and inheritor of intangible cultural heritage, has inherited the cultural heritage of the Chinese civilization for five thousand years, and used digital technology to help intangible cultural heritage burst into new brilliance.
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("Su Yue" is on the chain, and the ink is cast into NFT)
Now Tspace's NFT involves games, souvenirs, product entities, film and television entertainment, etc. Through some opportunities, many unique NFTs have been produced, which are deeply loved by everyone.
We can also boldly imagine what the future looks like. In the future, most NFTs may have centralized issuers and endorsers, and they will be supervised by a decentralized system. Endorsement determines the consensus of NFT, not everyone can release it, and NFT will be fired into a big bubble. In addition, many companies in this era will be game companies. Whether it is showing off the points system, or various coupons, or the Haidilao entrance makes the waiting time very short, etc., they are all playing games. It is possible to combine NFT protocols or blockchain technology to improve digital transformation.
In the end, I want to say that the needs of each generation have not changed from beginning to end, and everything is worth doing once. What is the culture of young people? What is the youth economy? All of this is our next biggest opportunity. This is a particularly good time, and everyone has the opportunity to participate in this great change. The world of NFT is non-accessible, and it is also a very diverse opportunity.
