With the left foot stepping on the right foot, the left hand plucking hair, while claiming “to the moon”, DeFi is cooling down?submitted by bwexchange to u/bwexchange [link] [comments]
“The first cup of milk tea in autumn” is for DeFi fans. Once a token was launched, the price plummeted. The financial events of the previous period gave people false hope that there would be another wave of bull market. On the contrary, joy becomes sorrow.
Many people ask, is there still going to be bull market?
But the token circle is never silent, because the market capital flow is too much!
With the DeFi heat dissipation, NFT quietly becomes the next hottest topic.
In my opinion, DeFi is not the only area that can generate huge returns, and NFT is likely to be the next big event in the blockchain world.
What is NFT?
The full name of NFT is non fungible token, which is usually translated into non-homogenous token. It first appeared in 2017 and is mainly used in games, artworks, domain names, collectibles and other fields.
Let’s take a more popular example.
Have you ever been caught playing video games and beaten by your parents when you were a child?
Are you skillful and powerful in the games and get cool equipment?
Have you ever seen collections in art galleries and museums, which amazed you but daunted you with their prices?
Let me tell you, these are not problems now. Thanks to the blockchain, you can do whatever you want in the NFT world.
When you look at the skyrocketing prize money of S10 champion, and you can only squander money in games under the coercion of Tencent, you can’t help but sigh at the desolation of life. Meanwhile, your girlfriend is scolding you for playing games and losing your ambition.
And the advent of the NFT era, you will be reborn! Friend, are you tired of the endless payment after the first charge of 6 yuan? Friend, are you a king in the game, but a loser in your life? Friend, are you afraid to see your admirer in the game because you have no money in real life? Don’t worry, don’t hesitate, NFT era is coming, with lowest price, and just logging in BW.io (coin net) NFT zone can change your destiny. From now on, you can stand on the frontier of the era. You can make a lot of money and be incredibly rich. You can live for another 500 years and will still be elegant, handsome and rich!
NFT is It is a kind of token which uses ERC-721 and ERC-1155 standards. Its biggest feature is that it has unique scarcity and can not be separated. At present, the existing landing scenes include artworks, collectibles, game props, bills and vouchers.
What is a NFT? First of all, we need to understand homogeneous token, which means the same kind of token that can be exchanged with each other.
For example, I have $100 BWB, which can be exchanged with $100 BWB in your hand. In essence, the token value of both parties is the same, and there is no difference. The only thing that changes is the transaction records on the chain.
NFT refers to the unique and irreplaceable digital assets, that is, each NFT is unique and provides different uses and values.
Further explanation, NFT can be a pair of silk stockings, a SSR card of Yinyangshi game, and a peripheral garage kit that others don’t care about, but you love very much.
Some old players in the circle must have heard of the encrypted cat on ETH, which is the earliest NFT token.
In a word, NFT can represent any asset, especially the extremely scarce one. In terms of “gold in chaotic times, antiques in prosperous times”, many people consider bitcoin as digital gold, and NFT can be understood as digital antique (digital collection).
After two years of development, NFT token and various ecological applications based on NFT token have gradually begun to mature.
With the crazy rise of MEME, many people have doubts, will NFT be the next opportunity after the fever of DeFi?
Generally speaking, NFT infrastructure is still under construction, and there is no complete functional protocol stack and application platform. The speculative demand is also lack of value target, and the current user group and demand are still too small.
However, if you want to make a fortune in the token circle, you have to go ahead. When everyone sniffs a chance of gaining ten times or even a hundred times’ profit, there will be little chance.
BW.io (coin net) now brings you a chance to get rich first. You can see that the NFT zone has been launched on the homepage of its official website. You can also participate in the activities and have the opportunity to split up 10000 USDT！
What is the future of NFT? Is it possible to unleash the energy of DeFi in this summer? There is no need to over-interpret this issue. What you and I can and should do is to pay attention to BW’s NFT zone as soon as possible. Every new token may be a good opportunity to make money.
Looking forward to the future, in addition to games, artworks, land, tickets and artworks, I expect that there will be more and more different NFT categories, and there will be a significant increase in market activities. A year later, we’ll look back and see what dramatic changes have taken place in the NFT ecosystem.Telegram: t.me/BW_support
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