In the early value formation process of NFT, most people are just looking for a value anchor with a strong consensus.
It is difficult for early NFTs to have substantial use because of the lack of basic tools. However, the era of encryption of individual rights is coming, which leads to the formation of a core consensus-stored-value NFT at this time. Since it is an early stored value NFT, it may have certain flaws (weak developability), just like BTC is useless except for stored value.
In the next NFT form, I understand that there are two types, one is the NFT category related to the physical world and the digital world, and the other is the pure digital world category.
NFT categories related to the physical world and the digital world: The commercial development and distribution process of all high and ultra-high value-added C-end consumer goods in the physical world will be reshaped. The whole process is estimated to require at least two or three years of exploration period. After this exploration period, the first diffusion effect of digital assets will come. The categories imported into the physical world are most likely to be consumer goods, or in the previous paragraph, high (ultra-high) value-added commodities are the main ones. For example, for luxury goods such as Tiffany, Gucci, and Ferrari, their future sales form may shift to the form of buying NFTs and sending physical goods. As for product development, dissemination, and release, it will also be transferred to pure online (metaverse) with a high probability. In the Metaverse, the demand for "dazzling" will be stronger than that in the physical world, because the online aggregation effect in a short period of time is stronger, but at the same time, I think the native luxury goods in the digital world should be the king, and the migration luxury goods in the physical world may only be Second, but it is also best not to assume that traditional luxury companies cannot develop native luxury in the digital world.
Pure digital world category: This category is born in the digital world and has nothing to do with the physical world. It will generate its own territory in the digital world, and it will likely spread back to the physical world. There should be many subdivided tracks in this category, let’s talk about two typical ones.
Big IP, because of the decentralization of copyright, I think there is a very high probability that BAYC will follow the trend of trendy brands, movies, games, endorsements and other derivatives and even the path of digital people (idol), what I have seen so far Those shoddy derivatives themselves are caused by the immaturity of the digital world, but with the increasing popularity and the participation of more and more powerful organizations, the end products are becoming more and more refined. I think it is a trend, which essentially comes The latecomers to this new world generally follow the path of success that the pioneers have worked out.
Land. For any kind of digital asset, there are two paths for value confirmation, either it has the function of value storage (scarcity and consensus), or it is proved that it can reproduce other values. The digital world is currently in a very early stage, and if you want it to continue to grow, the market economy is the only way to develop, which means you have to create a world with a low enough entry barrier and let everyone participate in it, not the way it is now , the state that just getting the wallet can make people annoying. I can't determine the specific way, but for now, the easier way to understand the land is a more likely direction. In fact, "land" is just an entrance, a certificate that allows companies, individuals, DAOs and other entities to participate together. This certificate has economic effects, scarcity effects, and agglomeration effects. It will attract enough external groups to intervene. This entry can generate operational value, hold value, and thus generate more liquidity. This is a set of operating mechanisms. . There may be many people refuting here, saying that the way the digital world refers to the physical world is ridiculous, but my point is that no matter how the appearance of a world changes, the essence is to serve people. You need to let enough people because of some Incentives to move forward, and this method also needs to be simple, feasible and effective. The essence of "land" is an operating mechanism based on a people-oriented market economy model. The future may not be "land" or another kind of entrance, but The essence is the same. Another point is that the metaverse must also be an oligarch, but this oligarch is a decentralized oligarch. The digital world is infinite, but human attention and creativity are limited.
It is difficult to see the clues of NFT in the current cluttered environment. The purpose of a large group of people in the market is to make money. This is due to human nature. The action of "incentive" has been attracting people in the physical world since the beginning of BTC. Influx into the encrypted world, it has an evil side, but it is this primitive impulse that makes the encrypted world like a small strong, no matter how strong the technology is, if it cannot evoke the primitive impulse of human beings, it may be drowned in the sea of history. In this case, the shaping and expectations of NFT should also be explored according to how much value NFT can create, so that NFT can systematically create "incentives" because of variables such as art, technology, and consensus.