What does NFT mean What does NFT mean

The abbreviation of localcontrolunit is LCU, which means local control unit. According to the use, the LCU screen can be divided into many kinds, and the common ones are unit LCU screen, local control panel, hydropower plant LCU control cabinet, public LCU and other names. There are many small hydropower stations in the south, and they are widely distributed.

If it is divided according to the unit LCU, it can be divided into two types: unit LCU and public LCU. The realization of control, monitoring, etc. is mainly based on PLC equipment-based screens. 【Click to test whether I am suitable for learning design】 IT Internet technology training is to Qianfeng Education.

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The most common is an abbreviation for No Fixed Time or Network File Transfer.

NFT is like the original certificate of a pen tablet, whether it is ** or artistic creation, although you know that you can see the same thing on the Internet, If there are only 10 of the same goods in this world, and you are one of them, how much cost would you be willing to spend to obtain? Ye Xianglin believes that NFT is more often a social value, which can be shown off and displayed, and I can choose what label I want to put on my body and how I express myself.

NFT, the full name of non-fungible token. Refers to non-fungible tokens. It is a word that the capital harvesters are famous for their greed and eyeballs in order to harvest.

A unique cryptographic "currency" token used to represent a digital "asset". Can be bought and sold! Virtually all physical and virtual goods that can be bought and sold are NFTs!

Due to the non-fungible nature of the two NFTs, they still need a homogenized currency to achieve value estimation and transaction solving. For example, if an Apple trades 5 RMB today, and a digital "asset" trades 5 RMB today, then you can exchange an Apple for 5 RMB and then exchange it for that digital "asset", and your Apple and that digital "asset" are both non-fungible tokens!

So, why do we have to call the tens of millions, tens of thousands, billions, and countless digital goods that will inevitably appear in the future digital "assets", NFTs, and non-fungible tokens? The word essence has had bad intentions since its birth, in order to cut the leeks of the masses.

What do you want to know about NFT technology?

I believe that NFT is a kind of mapping right, with mapping value, and after the higher degree of informatization, new rights and new values that we cannot imagine may be generated. Since 2017, I have been giving some talks and sharing, and I often mention the idea that blockchain will enable a larger-scale migration of human beings to the digital world. In the future, the mapping right or the reality anchor right may have huge value, and the right may be split into ownership, use right, income right, mapping right, etc., and the value may include use value, relationship value, recognition value, mapping value, future value, etc.

NFT is actually very similar to blind boxes and IP derivatives, blind boxes have reached a market size of three or four billion yuan per year in China, what is the use of blind boxes, you can't eat, you can't wear them, you can't use them, but many people will buy them. NFT is actually very similar to blind boxes and IP derivatives, blind boxes have reached a market size of three or four billion yuan per year in China, what is the use of blind boxes, you can't eat, you can't wear them, you can't use them, but many people will buy them. Hope like it.

NFT is generally translated as "non-fungible token token", which is a type of cryptographic tool that is irrefungible, indivisible, tamper-proof, and unique. Due to the unique properties of NFTs, they are widely used to peg to special assets to prove the unique ownership of digital assets. Now it is mainly used in games, artworks, collectibles, virtual assets, identity features, digital **, digital certificates and other fields.

In fact, NFT is not a new concept born recently, it was popular as early as 2017. CryptoCat was a phenomenal game in the blockchain world at the time, which was a collection and development game on the Ethereum chain, and the player got a virtual kitten. The characteristic is that every kitten is different.

Through blockchain technology, the kitten's coat color, eyes, markings and other attributes ensure the uniqueness of each kitten. The cat you own, no one else can have. Such a crypto cat was sold for up to 1.2 million yuan.

As a result, people call these tokens with independent properties NFTs (non-fungible tokens).

However, ERC721 has a problem, each smart contract can only issue one NFT asset, and in scenarios where NFT assets are abundant, such as game props, it means that many smart contracts need to be deployed, increasing the consumption of network gas fees. Later, the Enjin team of the crypto project proposed ERC1155 to improve ERC721, so that each contract can issue any kind of NFT assets. The ERC1155 standard is also officially recognized by ETH as one of the token standards on Ethereum.

In addition to the development of crypto cat NFTs for more than two years, major scenes such as game props, tokenized electronic tickets, collectibles, and crypto art have been formed. A common feature of these scenarios is that valuable things have irreplaceable differences, which are very suitable for using NFT tokens to mark their digital ownership on the blockchain, among which crypto art is currently the fastest-growing NFT application market.

The blockchain consists of one of the "hurdles" that step into.

NFT and the metaverse can be understood as an interdependent, symbiotic and co-prosperous relationship. It can also be understood that NFTs are an essential element in the metaverse. The metaverse is equivalent to a virtual world, so in this world, any virtual item can be made into the form of an NFT.

For example, the characters, equipment, costumes, props, etc. in the metaverse can be made into NFTs. Because NFT is unique and non-replicable, in principle, anything valuable in the metaverse can be tried to be made into an NFT and traded on the trading platform. In the Planft market, game props, metaverse, sports, art collectibles, **, etc. can all be made into NFTs and traded on the platform.

It is expected that in the future, NFTs will become an important infrastructure of the metaverse, and people can trade NFTs as conveniently as shopping.

NFT, or non-fungible token, is a unique cryptocurrency token that is used to represent digital assets based on blockchain technology. Compared with fungible tokens, it has two significant features: the first is non-fungibility, which means that each NFT has a unique and unique identity and cannot be swapped in pairs; The second is indivisibility, where the smallest unit of an NFT is 1. These two characteristics allow NFTs to provide us with a way to tokenize ownership of native digital assets.

NFT is a concept that exists relative to a fungible token.

The full name of NFT is Non-fungible Token, which literally translates into Chinese as "non-fungible token", corresponding to FT (Fungible Token). A non-fungible token is a uniquely identified, non-interchangeable token, and one that is not split.

Features:

NFTs are similar to concert tickets, each one is unique. NFTs are indivisible and unique, and are based on blockchain technology as proof of ownership of digital assets. There are now hundreds of NFT works to choose from in the OKX NFT market, and recently launched an NFT work in the form of a blind box - Spirit Cage Digital Blind Box, which is also the world's first top 3D long-form animation AR digital collectible.

NFT is a concept that has become more popular recently, but we feel a little vague when we look at it at the moment. Because it has risen rapidly and become a hot spot due to the increasing number of capital in recent years, many people will find it valuable. Many people think that something is valuable after it has risen a lot, which may be a habitual thinking of people, but is this really the case?

It can be said that before most players learned about NFTs through the news, in fact, a lot of capital had already taken the lead in the layout, which is why we saw that many NFTs were a few dollars or dozens of dollars when they first went on sale, but they were eventually speculated at sky-high prices. When we choose NFTs, we should also try to choose projects that have a deep background or a strong community foundation, and the consensus behind such projects will often be stronger. On the Planft marketplace, the time interval between the first purchase of NFT artwork and the resale of it second-hand is an average of 33 days.

In the traditional art market, the average resale time for a work is between 25 and 30 years. Compared with traditional artworks, the anonymity of NFT art transactions means that the entry threshold for purchase or sale is low; Coupled with the fact that it is tradable at any time, the high liquidity and constant trading attract many buyers to enter.