Hello everyone, I’m Michale. Today, I’m going to talk to you about a topic that I’m very concerned about. It may not be very hot. It’s called NFT. In fact, friends who have followed our channel a long time ago should know that I started at a very early skill exhibit of the brand-new heaves strip. Understand how NFTs are working in partnership with artworks and came to the situation to report the situation of the exhibition to everyone.In fact, the insight of NFTs in this exhibition was very weak. Later, I also went to the scene to show you the auctioneer of encrypted art. Makes be seen to what extent much the NFT auction can sell for, right? It s Song Tings NFT art exhibition. So far, NFT has been auctioned for sky-high prices. Like the previous Beeples Everydays: The First 5000 Dates, a office connected in series sold for about 7,000. A sky-high price of more than ten thousand US dollars, so the NFT sector has always been a sector that I am very concerned about. So far, the NFT sector has reached a market value of 18.6 billion US dollars, and the weekly hot spot are either the top 3 or the top 5. The net inflow of funds is very impressive, so NFT The region is advisable to the next most sex range where the blockchain can be integrated with the physical world and legally licensed by the government and can be perceived by everyone. So today I won’t talk to you any more. It is NFT. For what is NFT, you can refer to the program we talked about before that can fly -NFT) How does it cultivate? What kind of fields can it replace? What innovations does it have? Ok, let’s talk about it slowly.Let’s critique what NFT is. NFT is called a non-fungible token. We are in In the previous program, I told you what it means to be called a homogenized token like Bitcoin and Ethereum, which means that theoretically one of my Ethereum or one of my Bitcoins can be the same as the Bitcoin in your hand. The exchange will not say that your second bitcoin is more valuable. Everyones bitcoins are similar, right? The non-homogeneity means that one of my coins and one of yours have differing qualities and conditions, although everyone is called NFT, but the evaluate it represents is completely different from the importance represented by my currency.This is called non-fungible signs. It is very important to use non-fungible tokens in the evidence of artworks, digital possession of artworks and certificates of deposit of artworks. The appraise of each artwork’s NFT represents the digital copyright of the artwork, so each NFT is different. What does F-NFT mean? Fraction Non-fungible token fraction means that it can be understood as a small token fraction. In the sense that there are countless scraps in the separate, then it is understood as a divide NFT. If it is more popular, the ownership of the NFT can be fragmented and distributed to all owners. For example, NFT we No matter how good an creator is, can you send an NFT work only to one NFT, right? Then such an NFT is first of all, its value is most important, its liquidity is very poor, and it can only correspond to one collector, then if you use F – If you do it with NFT technology, you can fragment its quality and let countless parties comprise it.For example, this is a logo of our line. It is a bit ugly, but for example, if you use the NFT method to get it on, then If the collector rallies him, then it is impossible to correspond to one person, but F-NFT can scrap it and how many bits it is divided into. It is up to everyone to decide how many simulates I start. After the F-NFT is completed , the owner of each scrap has equal rights to the painting. I can split as countless replicas as I issue. So what does this mean for the NFT in terms of technology and world markets? Let take a look at the entail. The following table is to say what is the difference between using F-NFT and using NFT in the various scenarios he demonstrated. Makes take a look at the first one. If you have a CryptoKitty, you have an encryption Cat, then if you get his NFT, then you can only own it by yourself.You can own it and you can own it. What it will look like This appraise is owned by you are the only one who, but if it is F-NFT technology, then you can have it. Multiple users who own the same Kitty can use the same original and different dapps at the same time and can amass different talents for Kitty at the same time. If it is a virtual courage and a role in the game, then the NFT can only be owned by the ownership of the token, and all the characteristics and abilities can only be owned by a single owner.If it is an F-NFT, several users can connect non-simultaneously When you run out of reputations, you can use them, he can use them, and I can use them, so everyone can grow his experience while practicing this persona. Its paraphernalium, its strike ability, and its defense ability can be used by multiple customers. When it is not used at the same time, tell his experience value increase. If it is digital art, the same single customer, if it is NFT technology, merely person or persons can own its ownership. When sold, this person has all his income and you have to pay him all If the cost is an F-NFT, it allows multiple useds to display his work in different places at the same time without being liable to its owner or a fee. That is, if I merely buy one of its I can also display my complete employment of this make-up in my correspond I need scene as I demand without the owner’s consent.Even if I sell it, the accompanied reward will be payed. If mine is a digital artwork, for example, if you buy a illustration, etc ., then NFT can only compile the ownership of the painting belong to one person, which means that you have to pay for all the cost of the painting yourself, and then all the money will be sold after the sale. The income is owned by you personally. If it is an F-NFT, multiple users can show this work in different places at the same time. According to my needs, I need to be in Beijing and he needs to be in Paris. I can be demonstrated it at different places at different times. This cover is necessary to my background and there is no obligation or payment to its owner as long as you don’t trade it you exactly register it and you don’t need allow because you own part of it and you can do a full showing that’s F- One of the characteristics of NFT in digital artwork is that if a single owner of a race game has the right to “re driving”, but if in the game scene, F-NFT can use multiple useds to use a auto at the same time in different arenas, as long as it is not It can be on the same track, that is to say, in the virtual environment, as long as you do not race on the same track, multiple moves can be played at the same time because you are both part-owners of the car and if the knowledge of the happening are increased, the same car It will also increase. If it is a virtual real estate properties, a single used is impossible to make, use, rent or demolish the virtual real estate properties, and can only be responsible for a single user.If it is an F-NFT, numerou users can participate in the creation of the planned. And enjoy some benefits or value-added services in the future, so with a decentralized engineering like Fractional, the boundary of NFT’s imagination space has been expanded. It is not just a work of art or an NFT corresponding to a manufacturer. A party, right? He can segment it into countless scraps. It lowers the threshold of NFT and obligates its extension big. What is more interesting is that the F-NFT ft of each scrapped NFT after it is split can be used as an analogous F-NFT ft. What does it mean to use the ERC-2 0 tokens of the expenditure? For example, if I buy a scrap of this work and I own 1/10 or 1% of its copyright, then I can use Uniswap or Sushiswap for some decentralization. Pledge its importance in the exchange to find the appreciation of its liquidity, which clears his token very sexy because every token can be transactions and bought on exchanges or decentralized exchanges . In the original art work transaction process, I was the author of the original painting, I procreated this paint, and after I sold it, the paint later was increased to 10 million to 100 million, and the author of the depict did not pay half a cent. In this NFT or F-NFT world, every time I buy or sell its token, the author of my original painting can receive the corresponding copyright fee, and it can get the value-added of the clue from this event for countless generations.Therefore, this will allow the author of the depict to continuously obtain the right to benefit from the NFT copyright, and if the artwork corresponding to the F-NFT is to be auctioned again, all the F-NFT holders can collectively decide this paint. What should be the minimum cost of the cover and you can change its price at any time during the auction process. Just give your share to vote. When the make-up is sold, you can get an equal proportion of the corresponding proportion of Ethereum as your In return, in my opinion, F-NFT has a more interesting value. He can test the market value of the present working. For example, after an NFT author makes a labor, he can only sell it to the market or sell my shares. Is it right not to sell, then you can take out 10% or 20% of the signs now. For example, I have 1000 F-NFTs, I will take out 100 and I will throw them on the market to see what everyone thinks about this work and my job. How high-pitched is everyone’s acknowledgment? What is the auction price? From this, I can deduce the approximate market outlook of my work. How should the rate be priced? What will NaF-NFT bring to some of our industries? For example, in the auctioneer industry of our far-famed depicts, the auctioneer cycle of such far-famed depicts is often very long and the process is very opaque, and we can only wait for a dealer to give its premium. If we can fragment these classics or F-NFT, each token owner can lock the ownership of the illustration through smart contracts, then its busines and flow move will be very fast.Not merely The same is true for draws, auctions, and the use of some props and incidents in our virtual stock games. F-NFT can greatly enrich its call situations and increase its circulation, tolerating everyone to participate and share its benefits. Speed up the promotion of its market, but n w Fractional techn logy is only a technical idea, but t is is also an opportunity for everyone. For e bountiful, if we can create an exchange based on Fractional F-NFT technology, we ca introduce all the The artwork is confirmed here, so that its tokens can be seamlessly grafted with the real art and create executable smart-alecky contracts and have a reliable publishing platform.Is this not for the F- NFT track? It will be more sexy. Will this be a potential opportunity in service industries? Let everyone consider it. This is all our programs today. If you think our programs are valuable, please like and must be followed. Or comment on our direct. You are also welcome to join our Sina and YouTube members to support us in making better curricula. Thank you for watching the next platform. Bye.
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