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Regarding NFTs, what type of believer are you? | NFT Writing Fund Weekly 0711 – 0717

(edited)
If NFT holders also decide to purchase or obtain a specific NFT based on a certain "consensus", can we say that based on "consensus", NFTs have gathered a diverse group of "believers"? Whether it's based on community ideas, money, or national policy, the people (or believers) involved are gathered by "consensus." Regarding NFTs, have you ever wondered what type of believer you are?

Since its launch on April 25th, " NFT Writing Fund " is about to enter its fourteenth week. There are currently 269 articles , of which 88 articles have received more than 1 hour of reading hours within 7 days of publication. There are 117 articles supported by readers, and the highest matching donation record for a single article is as high as 2200 Likecoin !


The essence of money is consensus, and finance can operate without banks. Centralization is not the only option. by @徐明恩

To borrow the words of the author Xu Mingen; if NFT holders also decide to purchase or obtain a specific NFT based on a certain "consensus", can we say that based on "consensus", NFTs have gathered a diverse group of "believers"?

Under the rapid iteration of WEB3, the manifestation of "consensus" is still more manifested in "empowerment" driven by monetary interests. However, in this issue of works, we see more possibilities, whether it is for artistic value. Perseverance, or the spiritual value of loving Hong Kong, or even in the paper published by Vitalik and others in May this year, through the "soul binding token SBT", people began to explore the soul of WEB3; in China at this moment, it is similar to NFT. The market for "digital collections" in China is also developing rapidly; and all of this, whether it is based on factors such as community ideas, money, or national policies, the people (or believers) participating in it are gathered because of "consensus".

Regarding NFTs, have you ever wondered what type of believer you are?


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Why should you care about the practical value of NFT? by @hydroponic coriander

Instead of using various evaluation criteria to calculate the price of NFTs, it is better to believe that the ultimate value of NFTs is only artistic value, and artistic value is often difficult to measure with money. Of course, art can be valuable, even very valuable, but only artistic value. The creative process is also often unpredictable.

The author classifies NFT holders into two factions, one of which is "utility value faction", or "enablement", which means what the NFT can exchange in real life, such as physical exchange of products or services. , or coupons or receipts with commemorative value; however, are there any project parties who are " NFT for NFT "?

The other school is the "artistic value school", who believe that the author of "Art is everything" calls himself a "NFT believer whose artistic value is higher than everything", and the process of art creation is difficult to be valued like a commodity; if you buy NFT, it is a collection Behavior, is it necessary to give functional value to NFT?


🦄 Carefully selected themes

01 Block D Weekly Report - What can you use if you can't sell it? Three ways to keep your NFT from becoming a useless JPG in your wallet by @UncleD

Like holding the top blue chips like CryptoPunk and BAYC, the most valuable part is not the airdrops provided by the project itself or the white list obtained from it (although these are also great), but "being part of this community". Access to contacts, information and opportunities. There is no way to get it without deep involvement in the community.

In addition to selling, how to make the most of the NFT in the wallet? The author helped us sort out three methods, one of which is "hidden empowerment". In addition to the common white orders, airdrops, and lottery draws, you can also obtain contacts, opportunities or lecture learning resources by participating in the community; the other two are respectively In order to "make good use of intellectual property rights (IP)" and "lending/pledge", the latter needs to be used with caution; and the use of IP, such as through the well-known NFT projects that are openly licensed, adds marketing and publicity effects to their own products!


02 Polygon | Analysis of the value of NFT in the movie "The End of the Road" by @Daisy

Spiritual value is more important than practical value: the teachings in a book can change a life, so why not a play? Even if the NFT project has the same concept as its own, it will be very comfortable after buying it, and it will be very happy to have it. In fact, is it not a value?

"The Edge of the Mountain" is the first NFT project in a movie officially released in Hong Kong. For the author, the value of purchasing this NFT is not only reflected in physical exchange, commemoration, membership, charitable donations, etc., but more importantly, it supports the project. The spiritual value generated by the film, she said: "Because the whole project is to use images to preserve Hong Kong's values. There is no reason not to love you who love Hong Kong."


03 Soul Binding Tokens: "Identity Cards" for a Decentralized Society by @徐明恩

Economic incentives have their limits, and people's lives are not all about money all the time, but there are things that are purely for fun, kindness, or self-fulfillment. If in the Web3 world, people can think of "consequences" before doing bad things, or can expect "effects" before doing good things, then the operation of this decentralized society can become more diverse. At least not as coppery as it is now.

Vitalik, co-founder of Ethereum , and Glen Weyl, the author of "Radical Markets" and others, jointly published the paper " Decentralized Society: Finding Web3's Soul " in May this year. , while programmable social trust relationships are not yet visible . This phenomenon is especially obvious in the NFT market, and the way to reduce the "copper smell" is to "create a non-transferable soul-bound token" - that is, a unique identity system; the author of this article uses a simple tone in the text Explains what "Soul Binding Token SBT" is, how it works, and scenarios that can be used in the future, such as credit borrowing, voting , and solving the problem of airdrop hunters .


04 42. Analyze the differentiated development of the NFT market at home and abroad, and comprehensively explain the key differences between the data collection market and the NFT market .

Personally, I define Shuzang as an existence more similar to an e-commerce platform. Sales is the core of Shuzang. The various empowerments of Shuzang are also to achieve higher sales. In NFT, the operation direction will pay more attention to creativity, design and technology. For example, NFT PASS, NFT fragmentation scheme, NFT liquidity scheme, NFT lending scheme, etc.

The author conducts research and analysis from the aspects of policy impact, technology and operation for digital collections (referred to as digital collections) mainly in the Chinese market and NFTs facing the world. Shuzang has flourished under the influence of the public opinion of China's central media. At the same time, "hidden rules" have also been formed in the industry, such as "publicity does not mention NFT", "secondary transactions are not allowed", etc.; compared with NFT in terms of technology It is less sensitive, and there are even works that are sold in a centralized manner; although the two are mostly driven by "speculative interests," the author believes that the market for Shuzang will be larger in mainland China in the future, whether it is due to low technical thresholds, or The country's "natural moat".


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