{"id":3610,"date":"2025-03-13T16:51:34","date_gmt":"2025-03-13T16:51:34","guid":{"rendered":"https:\/\/ma8.company\/?p=3610"},"modified":"2025-03-13T16:51:40","modified_gmt":"2025-03-13T16:51:40","slug":"nfts-explained","status":"publish","type":"post","link":"https:\/\/ma8.company\/zh\/2025\/03\/13\/nfts-explained\/","title":{"rendered":"NFTs Explained"},"content":{"rendered":"
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NFT stands for non-fungible token. It is a niche kind of digital asset in which each token is unique \u2014 as opposed to \u201cfungible\u201d assets like Bitcoin and dollar bills, which are all worth exactly the same amount.<\/p>\n\n\n\n

Because every NFT is unique, they can be used to authenticate ownership of other digital assets like artworks, recordings, and virtual real estate or pets.<\/p>\n\n\n\n

NFTs are simply a technological medium that allows any digital asset to be stored and circulated (or traded) virtually on a blockchain.<\/p>\n<\/blockquote>\n\n\n\n

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THE NFT ECOSYSTEM IS CATEGORIZED INTO SIX SEGMENTS:<\/strong><\/em><\/p>\n\n\n\n

Art<\/p>\n\n\n\n

NFTs created on artistic marketplaces, from individual collections of artists or a generative art algorithm.<\/p>\n\n\n\n

(Example: \u201cEverydays\u201d a digital artwork, sold for $69 Million at Christie\u2019s auction)<\/p>\n\n\n\n

Collectibles<\/p>\n\n\n\n

A project, the aim of which is to be collected. They may be PFPs (profile pictures- a digital image that can be used on social media), animals, aliens or any other type of digital item. These collectable assets may have several uses from forming part of a community and being used for video games.<\/p>\n\n\n\n

(Example: Cryptopunks, is a highly valuable PFP collection of unique pixelated characters, in 2021 the collection reached $1B in trading volume.)<\/p>\n\n\n\n

DeFi<\/p>\n\n\n\n

NFTs are basically value-based assets. High-value NFTs are being used as collateral in the Decentralized Finance (DeFi) space to obtain loans in its underlying cryptocurrency which can then be converted to Fiat currency. (Example: In Feb 2022, an NFT collection valued at $5M was used as collateral to receive a $1.25M loan using the DeFi lending platform, Arcade.)<\/p>\n\n\n\n

Gaming<\/p>\n\n\n\n

The gaming industry is rapidly adopting NFTs into their gameplay. NFTs are can be used as tokens to acquire weapons or equipment, as well as a collection of unique skins for weapons or characters.<\/p>\n\n\n\n

Metaverse<\/p>\n\n\n\n

Metaverse(s) are virtual worlds where NFTs mainly represent virtual land. NFTs can also take the form of wearables and accessories to personalize your avatar (character that represents you in a virtual world).<\/p>\n\n\n\n

Utility<\/p>\n\n\n\n

Utilities cover a myriad of uses from domain names to concert tickets. NFTs that are utility-centric can also be used as badges or access codes enabling access to exclusive content.<\/p>\n\n\n\n

HOW TO BUILD A LUCRATIVE NFT INVESTMENT STRATEGY?<\/strong><\/em><\/p>\n\n\n\n

Several factors determine the intrinsic value of an NFT, such as:<\/p>\n<\/blockquote>\n\n\n\n