The NFT auction of the new album at Opensea, the NFT trading platform, finally sold 766.4 ETH, or about 1.4 million U.S. It is reported that Kings of Leon was the first band to release an album in the form of NFT. Nowadays, the scope of NFT can cover almost all digital file content, such as:Īmerican rock band Kings of Leon and cryptocurrency startup Yellowheart recently launched the "NFT Yourself" series to celebrate the release of its new album "When You See Yourself". Although the market has been silent for a while, when we enter 2021, NFT has made a comeback, and the product range has been further expanded, and it is no longer limited to those cute kittens that year. At that time, a company called Dapper Labs launched a unique digital cat cartoon decentralized application called "cryptocat" CryptoKitties, which quickly triggered The market is frantic, and some crypto cat NFTs can even be sold for tens of thousands of dollars. It has appeared in the crypto market since 2017. Some people believe that NFT can ease the long-standing tension between creators and technology platforms but some people feel that, NFT has triggered new forms of piracy and infringement. However, with the rise of "hype" a little bit, the NFT craze has also triggered a debate about the original meaning of digital assets and Internet copyright. For example, a series of NFT collections by the musician and visual artist Grimes were sold for more than $6 million the famous crypto artist Beeple’s NFT work "Everydays: The First 5000" "Days" was bought by the founder of NFT fund Metapurse Metakovan at Christie's at a "sky price" of US$69.34 million. Some classic moment.Īlthough many people are still a little confused and puzzled by the NFT boom and the technology behind it, no one denies one thing: NFT is really profitable! In recent weeks, buyers have invested heavily in NFT works. These virtual goods can be part or all of digital art, or they can be in popular culture. ![]() Since the blockchain is a decentralized, publicly viewable and tamper-proof ledger, the virtual goods you have can verify the scarcity. NFT, or non-homogeneous token, is a non-replicable virtual asset that cannot be divided and there is no need to worry about theft. ![]() If you want to pick a key word for 2021, then "NFT" will be selected in all likelihood.
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