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NFT digital collection development issue - digital collection platform

2022-08-10 15:07:00 【InfoQ】

In 2022, the active topic in the market is NFTs.
How to determine the scarcity and value of NFT?
The value of an NFT lies in what it represents. If it is a virtual currency artifact, the value evaluation index is very similar to any other type of artifact.We need to take into account the original creator, the artistic value of the work and the needs of collectors from all walks of life.
If the NFT is released in limited quantities or is part of a series of collections, the NFT with a special serial number usually has more room for appreciation.#1 is usually the most popular, and special serial numbers like #13 or #7 are also very collectible.Value and scarcity lie in a range of elements, including those mentioned earlier.
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The vast majority of people are interested in NFTcognition is utilitarian.For example, because it is estimated that the price of NFT will increase, it will be possible to obtain monetary benefits by selling NFT at that time, so it chooses to buy NFT.This is the utilitarian value that NFT can provide, and it is also the motivation for many speculators to flock to the NFT market.
Another common NFT value belongs to enjoyment value. For example, your favorite singer or player sells NFT. Out of sincere love, you want to establish a connection with the NFT issuer, and chooseto buy NFTs.This emotional purchase motivation also belongs to the enjoyment value that NFT may provide.
NFT is suitable for representing any kind of virtual value that has been created, such as props, virtual crafts, novels, songs and even online college degrees, stored in the customer's own wallet, and can be used forIt is a very simple way to identify authenticity, but NFT is not omnipotent. The property rights it represents are not the property rights of objects or works, but rather a piece of property right certificate that cannot be faked.
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Properties from NFT aloneLooking at it, we can find its distinctive value, which is indispensable, cannot be tampered with, and has certain ownership. For some data information that needs to be archived, it will be a crucial breakthrough.Whether it is security, personal privacy protection, or approval and certification, data archiving at this stage requires a lot of financial and material resources to maintain, and there are still many problems in the final result.
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The birth of NFT, let thisStress is greatly reduced.According to news reports, at this stage, some universities in South Korea, Japan and other countries have issued digital graduation certificates to fresh graduates through NFT.Such an example is obviously that the NFT application field is developing rapidly, and its potential value is still being developed.
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