What you have to know under the digital collection boom

Meta universe （Metaverse） It is linked and created by scientific and technological means , A virtual world that maps and interacts with the real world , Digital living space with new social system . The metauniverse is not just a virtual space , It is the product of the highly developed Internet , It is closely integrated with the real world , Can promote a better life 、 The industry is more efficient 、 A more orderly future digital world .

The metauniverse includes but is not limited to NFT、 Digital collection . at present , The types of digital collections have developed from social media avatars to various game props 、 Skin manual 、 Artwork …… So what exactly is a digital collection ？ What is the value of digital collections ？

01

What is a digital collection

In a sense, digital collections are “ import ”, Before entering the Chinese market , It has a more international name -NFT（Non-Fungible-Token）, Heterogeneous token , Is a unique cryptocurrency token used to represent a digital asset , Can buy and sell .

At present, the types of digital collections have been very rich , Including but not limited to images 、 music 、 video 、3D Models and other digital works cast by blockchain technology , It can be understood as blockchain vouchers . In short , The digital collection uses blockchain technology to identify the right , Works or commodities in digital form that can be traced and circulated .

02

The characteristics of digital collections

Digital collections are not “ Numbers ”, It is essentially a string of code . The code is definitely invisible to the naked eye , So the digital collection can be anything GIF Moving graph 、 Head portrait 、 Audio 、 tickets 、 Album 、 Video and other forms . Can be called a digital collection , Be sure to meet the following 4 Conditions ：

Simply speaking , Every digital collection is like a commodity you own in the real world , unique 、 An integral . Just like the commemorative coins issued by the central bank , Like every commemorative coin, every digital collection has a unique number , Don't fake 、 And the number is limited （ Scarcity ）.

03

The value of digital collections

01 Effective right confirmation , Reduce transaction costs

Recall the revolution of Internet e-commerce , The rise of e-commerce is a subversive revolution for the traditional retail industry . And in the art collection market , Because art collections are scarce 、 The characteristics of non standardization , So compared with daily products , Its trading frequency is relatively low , The intermediary fees charged by middlemen in the middle will also be relatively high .

The uniqueness of digital collections can be guaranteed through blockchain technology 、 Authenticity 、 Permanence , It can also effectively protect the rights and interests of creators and holders . On the other hand , The circulation of digital collections can be improved through blockchain technology , For example, it is difficult to identify the authenticity of traditional collections , Process complexity , But since the birth of digital collections , You have a certificate on the chain that cannot be tampered with , Greatly reduce the transaction cost .

02 Digital content capitalization

When an online work or physical right is converted into a digital collection , It has good storability 、 Liquidity 、 Scarcity , Then it will become a unique digital asset on the blockchain , It also has the basic conditions for being hyped .

In the works of traditional digital form , Users can't really own the ownership of this work . However, digital collections based on blockchain can really make the ownership of works in data form clear 、 Quantity transparency 、 Transfer marks , Put the digital content “ Capitalize ”, Become an empowering “ Value machine ”.

03 Encourage originality , Empowering the creator economy

Whether young or middle-aged artists , Or some young people's personal IP, Blockchain NFT The development of , Make them more willing to express themselves artistically . For young artists , More and more people , Be able to use the Internet 、 See their creations through digital collections , This in itself should be supported .

meanwhile , Creators can also get royalties from the continuous trading of works , All transactions are executed through smart contracts on the blockchain , The authenticity can be verified by encryption , It can prevent fraud and plagiarism . Besides , Blockchain technology can record the future digital flow , Achieve royalty traceability , Get a share from the resale of the work , Improve the income level of creators .