Abstract : However, the financial nature of NFT makes its promotion in China face some challenges.
September 8 (ChainDD) According to Shanghai Securities News, NFT, which has been a hot topic in the art world this year, has suddenly become popular. The hottest application of NFT right now is in the art world. Many Chinese artists have started to make their works become NFT.
Apart from art, the most significant application of NFT in the future is the gaming industry, which is likely to become the support point of the metaverse. A game practitioner said that a sufficiently real virtual world must be inseparable from a stable and reliable virtual wealth system, and NFT may be the best choice. "The uniqueness and non-modifiability of NFT makes the assets highly secure, even the game producer can't modify them directly, which is very important for building a metaverse."
However, the financial nature of NFT makes its promotion in China face some challenges. He said, "The last 'token' in the full name of NFT actually means token, which makes NFT has financial attributes from the beginning of its design. But now the important thing is how to use the crypto features of NFT to serve the industry and minimize the impact of their financial attributes."