Anyway, I have this as digital content now, but it’s usually like a photo file, jpg, to prevent duplication of important substantiates, and then it opens as a pdf. The thing itself isthere and you can think of it as buying a receipt. Then, even when it is actually a transaction, this is content that people can see anywhere and can use anywhereanyway, but through this receipt, we can see who the owner is. Buying and selling can also be regardedas buying and selling acknowledgments. I am buying an apartment with a certified copy of your cross-file, but it’s not about taking the apartment with you and buying it. Yes, you cando it this acces, so you can think of it as this certificate.Hello Nice to meet you. Hello. Last time you materialized as a metaverse, what’s the topic this time? It’s nft. Primarily, this is a topic that should come first and then the metaverse. But now in Korea extremely The trend wasreversed, and I wrote the book virtually in the oppositeway. What is the name of the book you wrote this time? Lasttime was the age of the metaverse.This is the era of nft. First of all, what is nft? It’s a engineering that concludes thingsand it’s non-replaceable. So, digital documents aren’t worth the toll because they can be imitated as then there , so take a picture of Carre Rice and tell someone to buyit. I’m thinking, is there any route to make this worthwhile? But digital documents can’t be prevented from being replica. Then affix a token to the photo and attach a reputation tag. If there are 500 photos, situated 500 identify calls. How are you able not facsimile it? Now, this is the 3rd envision, thisis the 120 th draw, like this, this in itselfis irreplaceable picture 120. There is another person whose birthday is March 4th. Then I want to buy the number 304, and thenthere will be a competition. That’s why nft skill that comes out these daysand billions of groups come out at auctioneers. So, some kind of irreplaceablefile, the technology to create that digital asset Primarily, it’s that kind of technology, but yousay you bought n ft.When you did that, the digital virtualasset Speaking of itself, it is being used with a slightly expanded symbolizing these days. So, what are the digital contents that are able nfted? Usually, nfting is now called minting. Minting is the mintingof money. The thing I do the most is a picture, a jpg record, something like that, I can do video and music, Ican do text, and even in the US, Ihave turned real estate properties deeds into nfts and fixed real estate properties deals. So, I can do everything that can be a digital fileAnother thing, for example, in the metaverse or in video games, if I say I got a great sword, Ican nft it again and add value to this sword itself. Then, if it is worthwhile to employ a appoint tag on one fragment of content, at leastif you positioned a mention tag on someone who can hear it, you are aware of the fact. It’s worth it, butit’s all worthwhile time because it’s nfted and each has its own name Is there a sense you just said? Youattach that representing. This work is a concept that endeds that worldview simply because it has a story like this and a worldview like this. Yes, actually, I think that buying this is a means of finance because I believe that this worldviewis complete and if you want it to come out, then it will grow a little bit bigger as a columnist. As for what value and what token it will have, the currentstage is like this, and I don’t know whatwill happen in the future. No, I’m doing well in the future. The call isCabos. Since 2010, the picture of Cabos has been verypopular and has become popular. When I assure that situation and said, Oh, this is fun, the silver I performed is Dogecoin.Its a portrait Ive been around a lot, so there are a lot of characterizations. But the original proprietor In 2021, this is the original, Isaid I want to buy this, and I induced it into nft and placed it up for auction. So, this is the original, but you own it, and so on I bought this and it’s justfloating around on the internet. Uh, this is mine, so why don’t you use it? No, because, for example, we have a Van Gogh painting, and it’s acclaimed because it’s a Van Gogh painting, so if the original is put up for auctioneer, it’s veryexpensive. But if It’s the person who bought it.This is mine, so nobody should be able to see it. I moved it impossible to facsimile or use it.After 30 years , no one knows about Van Gogh. Then no one will buy it simply because the original is out. Yes, the more famous it is, the better it sells. I’m a person who buys to sell it last-minute, so the more I have it, themore it spreads. It’ s not about see oddity by exploiting it, it’s aboutspreading the word and having the original for it. There are a hundred people by emerge a small number of things, and it is very rare to publish simply one. That may be the case, butthere is a way to increase consumers. The statement nft itself has not been widely used in awhile, so in the case of this nfted material that is being sold now, the things you did in the first place also have making. Butwhat can be said that this is really the beginning of nft is a cryptopunk constructed in 2017. It’s an 8-bit pixel persona. It’s just a humanface. It’s useless. I typically use it as a chart portrait, so Icall it pfp.This is another gigantic thing. If one of these is about 20 billion won , now, as you has been said, youare trying to give meaning to everyone by adding some kind of story or something like this. Is there any possibility of go? In fact, nfts are called art auctioneers or collectibles Saying that there is something , now toget attention In fact, nft is much more meaningful than that Elementary school kid draws and sells for time 0.5 Ether on nft So, when I am doing nft artistry or collectible prowes, I envisage the main thing for nft artistry right now is whether the real artist is a famous person.Is it a famous person ora person who continues with what meaning? In the case of collectibles, they say that collectibles are some kind of project grey paper They specify other files like services for the people who bought them, or even once rented a ocean liner in New York forthose who have these monkeys and had a party. It is advantageous to choose a project thatdoes just the way it is. Yes, I think there are some rooms like this It’s Leum.The the special characteristics of Ethereum is second-generation smartcontracts. Before that, the blockchain is adistributed ledger, so it’s a guarantee that several people participating in this marketwill become this contract. It’s not in the centre for human rights, but this If it is the 1st contemporary, the 2nd contemporary block series is When it comesto fruition, these and these conditions must exist for the contract to be made. I decided to buy strawberries in that land. But when I bought this, I already paid. Proof that no pesticides were used on these strawberries will come to me only when proof is submitted Because this is the second-generation blockchain, that’s Ethereum I’ve seen it I’ve seen it I’ve seen it I know that I can’t manipulate the data because I can’t convince allthese beings I know it all too. Uh, this is a transaction only when there is a condition value like this. I visualized that very There are two parties, but if you certify next to them, these people arethe people who helped me anyway.Then they said that I should hand something now, so I give them a little bit now. To those who participated, that ismining. When you say mining, you turn on the computer and run for your lives. That’s why I’m guaranteeingcontracts that are made somewhere. I nfted Rice’s photo. When I did, I articulated it on the Ethereum chain.A lot of people say yes, this is the only nft thing now. Then you have to compensate these beings again. It’s 0.0001 or something like gaspi. The loading is too heavy. So the gas price goes up.If there aren’t many events, the gas cost goes down. In the beginning of 2020, there weretimes when it was 50 prevailed and 100 won. Then, to do these kinds of drive, first of all, Ethereum is the best existing infrastructure to build. Thats whyI work a lot of nft content with Ethereum, and it was like that at first. Whats the problem with this? Cryptopunk Then There was a project called Crypto Kitty on the cat. Peculiarly in the case of vehicles of a friend who is called Crypto Dragon, it wasa cat picture, and it sold for about 6 billion. Come out, then, because this is also unique, the more uncommon it comes out, the more it can besold. Then you buy him, buy him, and then crossbreed to get something new. When something new comes out, it expenses gas. It expenses gas when you transactions. You crossbreed andwhat you do, and when you do that, gas blood payments formerly, twice, three times, four times. People who do it nowsay that Ethereum is defrosting. This doesn’t matter when the Ethereum price is small, but it’s a problem because it gets bigger. There was a way to walk around and make a way to make this a little cheaper, and there was a brand-new chain There’s a way to develop a recreation that’s all came to see you thesedays, things that lower gas expenditures like this are on the increase It wasmade by nfting basketball players’ basketball cards This is what the card business is like. It’s not just buying this card. It’sselling a container. When one thing comes out, Isell it now and make money, and I’m doing it this course, but in less than a year, it has been an increase tremendously. It’s okay to see that. Why is this now the first commercialattempt? It’s an nba top shot . Crypto Kitty and CryptoPunk, I’ll exclusively impel ten thousand, so that’s why there’s a scarcity. It’s collapsing. That’s why it can’t expand commercially. It really prevents inventing inside. But in the case of the nba, it can keep coming out. Ifyou say you will merely print ten thousand portions, the company has nothing to generate any more profit other than the ten thousand articles printed in the firstplace. Its the same, but when you paint a picture and sell it. Every time a transaction pass, there is one thing that says 5% are now in to me, and thenI sell this painting for 100,000 triumphed now. The event went well, and the 10 th busines happened, and I received 10.5 billion. From there, 500 million came to me. Foreach transaction, you said that nft was originally firstly, and then metaverse came out. Please explain. The metaverse is basically like a game where ourvarious social works go into it, and as long as social acts pass, the most importantthing is that economic acts come about there, so jobs and commerce are created there, and the metaverse. can become a brand-new alternative It can become anew world It was this. Financial task is most important. But what is nft? Iworked hard on the metaverse, acquired goods there, and bought acre in the metaverse. But I woke up after sleeping. There was a bugand this arrive was blown away, or at least Ibought the district next to the beach, but simply the tract next to the beach sells well, so the make unexpectedly elongated the sea and constructed a lot of indistinguishable residences. There is no need to conclude or is everything. Yes, its appreciate can change at any time. Yes, it is nft that prepares itimpossible. No material how much private developers plays, numerous parties prove that this is yours So this is the value of digital resources In digital, we just copyand paste everything every day, so this is of no value. Then, if the metaverse is a house, it’sactually when you build a house. The first thing you do is civil engineering. You build a house and promote a room with civil occupations done. You can think of nft as this civil acts. This abstraction of this digital virtual resource needs to becaptured. All activities in the metaverse have representing. This is virtual, but it is an asset.In the end, this is what finance determines the most money. It is through the margin of the deposit and the interest rate difference between the deposit and the credit, so the more you give, the more advantageous. It’s the moor for won. Well, then, if I take my quality as collateral, it’ll be 5 million won anytime, so I’ll credit you 60% of 3 million won.This is what prepares it is feasible. Loan digital virtual assets. First ofall, if you can explain DeFi, decentralized financing is decentralized finance. So, you can think that the block series has even gone to financial services. Actually, I don’t think it’s been fully advanced so far. However, many works that can utilize digital virtual assets are being planned, and those areas is within the banks.This is going to be a bit of money, because in reality, banks areless likely to expand now.Well, the pies are already shared with each other, but it’s a new opening on the digital feature. It’s global, so banks are turning their sees on it andtrying to get into DeFi now. A little bit of DeFi is primarily decentralizedfinance, but now it’s central. D.Pie is primarily a 10,000 -won bill, whichis guaranteed by the Bank of Korea. You know, hey, this is 10,000 earned. That’s right. If you guarantee this, you and I both admit that this is 10,000 triumphed, so thishas a meaning as coin. It’s just thateveryone knows, right? Yes, and that’s why this valuedoesn’t mutate easily. That’s very important. In fact, this cryptocurrency. The is why this blockchain started is when it started during the 2008 financial crisis. It was probably Ben Bernanke or the FedThis looks like a documentary, butI interviewed him and he’s giving me a great deal of money. I’m lending it to a bankrupt company. No, what if I precisely spread it out like that? There must be a limit to money, but I said yes , no, fund has no limit.It’sjust fixing digits. Come to think of it, all you have to do is change the numeral in your bankbook. When you “ve learned that”, the general public is duped. Oh, if it’s money, the elites above, play around with themiddle, and tap and sounds to paste two zeros, thenthat’s money. Copying money. That’s right. Even in the financial crisis, such upper-class were playing around. Politics has been democratized a lot in the meantime, but financial resources and things like this have not been democratized at all. It’s a dictatorship. That was the first time it came out. Even if no one guaranteesit, it is worth it if everyone knows its value. Besides, if that happens, you can’t play around. So this is the concept of democratization of finance, and the design attached to it isDecentraland, Defy, or whatever. It’s a rised decentralization, so everyone is heading towards that concept.Now, within this framework of nft, those who are active as scribes or all those people who actively engaged in material acts can make money with any business pattern through this.There are also opportunities, there are a number of them, yes, but the public There’s no way at all. Just look at the pictures. Before nft art, the number of people who could just show and sellwas very limited. But now I can outline and sellit. There is no one who buys it. The hall has to be in the middle. Now that the nft age is coming, someone can get itand kept it in my cover because it is crazy. You have to give it out as a bible, right? Or Sinchon Literary Arts Elect. Yes, but now you can just upload network stories and things like thatYes, in fact, nft is the core of the Web 3.0 era. You can think of Web 1.0 as the epoch of time the Internet. I made a homepage. Then, someonecan come and check the homepage. Web 2.0 can be viewed as something like Facebook or Instagram. I imparted it like this, but there are comments.So, interactive communication is possible, but the central thing stillexists and it is platform-centric. Then I don’t go in to see any content, I go to Naver. So, I had a funny illustration, so Iuploaded it on social media and it was reproduced and spread. It popped up on Naver, the next time, andeverywhere. Then the user doesn’t follow the picture. When I go to a big place, all the information is collected, so I just go to Naver and I ever go toYahoo. This is how it is. The Web 3.0 age is a content-oriented era. So this situation is mine, so itis proven with nft photocopy anduse If so, wait a minute, don’t use it because it’s mine It wasn’t until the launching of Netflix that something like this was beingtalked about.Oh yes, yes, becauseMarvel took all of them and yes, but around that time, Netflix exploded the squid game. People who only watched this squid tournament and didn’t play it signed up for Netflix to watch the squid tournament. This is content-oriented. It’s not about what you have with Netflix, but the squid activity, so let’s go to Netflix Seriously, let’s go to Netflix You know, then parties leave Netflix to watch Squid Game 2 and go to Disney Plus. This is the day. It’s going to be content-centric rather than platform-centric. Then the importantthing is on this stage. If this iscertain, this will be possible. The thing that proves that the developer is yoursis the nft. Everything that becomes digital. So, nft is the premise of Web 3.0. I’m going to go somewhere else because I’m going to Netflix It’s coming like this, but what kind ofperspective should we look at this channel as we live in reality? That’s actually it in this book.In this record, like a natural ppl in this book, I can’t talk about all of these here. Communication Narrative Writing General People see something for me regardless in this nft era, and in the end, in the content-oriented era, having their owncontent is the most important thing. But mostly, there is not much content. The ability to insert a straw is excellent. Oh, but you have to insert it well when you soak it because if you push it in incorrectly, youcan’t eat the eggs. And now, there are things that people are inquisitive about, which corresponds to what the general public is curious about. So, the empathy is excellent, so in the eyes ofpeople asking Carre Rice, I was too strange. So I save appreciating it. No one can do that. They don’t listen to what they say, theyjust think about themselves, and then they ask the wrong thing, and in the end, what about material? The ability to say, Everythings okay, “youve had” to have.So, in the nft age, thoseabilities are actually very important. There are things that are born, but regardless, I can work hard. In fact, if “youve had” that kind of ability, it’snot inevitably exactly nfts, it’s something we need in our lives to run our own businessand get a job. I are of the view that’ I want to increase empathy’ is actually the same as saying that I need to listen carefully and sympathize when I’m actually talking like this.It’s very different from something like this. I exactly have to try You will be able to empathize 1.2 durations as much as you do with this A much of people are interested because of that. In fact, I want you to know that it is the core of business in the future. It is digitized and hypertrophied and there isno choice but to go like that. When that happens, the concept of creating an asset called a digital virtual asset becomes nft. Web 3.0 age It is the core of business and thebusiness is moving now. Transitioning from one generation to the next. The opportunity is here. Because something happens, it comes once every 10 or 20 years It doesn’t ever come, I’m watching this era ofDaejeon. If you put one foot on it, wouldn’t it be worthwhile to watch curry rice Tv and think it was good after 20 or 10 years? Because I don’t know if it will happen. That one foot I put one across oncecould be responsible for the next 50 years of my life. Uh, yes, those legs are necessary. When a brand-new civilization comes, there will always bepeople who will reject it. It’s a marketing term. It’s a marketing term. It could be a scam. But when that happens, with the person who made a pace there. Yeah, I wouldn’t do that.I wonder who has this kind of potential. A lot of people still think aboutbuying one bitcoin in 2012. How much do you repent it? Yes, but Bitcoin was around 30,000 won.At that time, even though they are you merely bought 10 bitcoins, it would be a billion dollars now. I’m asking you to make that occasion even a little bit. Then, rather than rejecting it unconditionally, study it formerly and then it does n’t seem real. Then I realized that it wasn’t. I’m going to apply it one stair at a time, because it’s not difficult. In prescribe to study like that, it’s good to read a book called the era of n ft. It’s so good.I really like this book. I had time to listen to various questions about nft with the professor. I will see you in the next video. Thank you, it was curry rice. Thank you for taking time today. Oh yes, expressed appreciation for.