What is "NFT"?The topic of NFT now is easy to understand for super beginners!

What is NFT?

NFT is an abbreviation of "Non-Fungible Token", which is "non-alternative token" in Japanese.

Non -replacement means "replacement does not work."A token means "data, currency, goods, proof".

NFT is simply a technology that can prove that you are the only one.

Why NFT is needed

Why do you need to prove that you are the only one in the first place?

People feel the value of the only thing and rarity.

Until now, the Internet has created a lot of value.Anyone can easily access, and the exchange of money and things has become speedy.

On the other hand, there was a problem that information on the Internet was difficult to prove its value because there was a risk of being copied or altered.

In fact, many people are worried about fraud and trouble in online shopping and online auction transactions.

In addition, while anyone can use music, images, and videos easily, copyrights have been infringed, and copies have increased their owners, making it difficult for valuable things to be valued.

Anxiety about such value was that there was no proof of being the only one.

Genuine and fake (copies and tampered ones) have decisive differences.However, it is difficult to distinguish the genuine and fake.

NFT is a technology that enables that distinction and prove that it is true.

With NFT, you can distinguish the real thing and fake, and you can guarantee the ownership and rarity.NFT creates how to enjoy digital works that you could not do before.

What is the value protected by NFT?

For example, the "definitive name of a world -famous professional athlete" should be worthwhile.Everyone is impressed, and it's worth a drool for fans.

However, a lot of "definitive name scenes" are rolling on the Internet, and everyone can easily see it without paying.

Originally, the "definitive name scene" is the asset created by the team and players, and the more people want to see the "definitive name scene", the higher the value.。

If you can own a "definitive name scene", you can switch to value.In addition, you can buy and sell the "definitive name scene" among those who want.

Until now, no matter how "decisive name scene" is seen by people around the world, the team and players have almost no financial reduction.Even if you can do monetization, you will have to create a DVD or transfer the video posting site.

However, if the NFT can provide one and only proof, the digital data can be assets, owned, resold, and have many people watch it for a fee.

The higher the value of the "definitive name scene", the more profits will be given to teams and players.

Next, I will introduce specific cases of NFT.

NFT case：NBA Top Shot

The NBA, the American Probosquet League, has launched a service using NFT called NBA TOP SHOT.

This is a service that allows you to own a famous scene by NBA with a digital trading card.

Popular players' dynamic shooting scenes create very rare value.You can own that moment as an NBA official digital trading card.

https: // nbatopshot.COM/This allows NBA player's digital trading cards to have the only value that is distinguished from the real thing by NFT, and can feel the joy of fans and buy and sell among fans.rice field.

The NBA TOP SHOT has recorded more than $ 200 million (about 21 billion yen) in a few months since its launch.

NFT can create new business opportunities with the technology that can prove that they are one and only.

What you want to know about NFT

In this article, it describes the concept of "digital work + NFT = digital assets".

When purchasing digital assets, many cannot store the data itself.NFT cannot own the data itself, but only owns the right to own data.

NFT can prove that the owner of digital assets is yourself.However, the actual data is stored in some server, so it cannot be stored on a personal computer at hand or carrying it on a smartphone.Also, since digital data has no substance, there is no legal "ownership".

"Copyright" such as music and videos is not relocated by NFT.Digital assets must be handled so as not to violate copyright.

Furthermore, NFT is not tampered with or disappeared by blockchain, but the real data of digital works is often only linked to NFT.It is also important to know that there is a risk of falsification, copying, and erasing.

For example, if a server where the digital work is stored crashes, only the NFT on the blockchain remains.

About alternative and non -alternatives

An alternative is, for example, a currency.100 yen is worth 100 yen no matter who you have, and you can use it for buying and selling or replacing it.

Non -replacement is, for example, a signed photo book of popular talent.Even if the list price is 3500 yen, it is worth the only value by receiving the signature of the person.This autographed photo book will be traded as a value of tens of thousands of yen for fans.

There is a value that cannot be replaced elsewhere (with your own signature) in the photo book.This is non -alternative.

NFT case

I will introduce NFT examples when you understand the NFT large frame.

I think it will be easier to imagine what NFT is and what you can do.

NFT case①｜デジタルアート

On March 11, 2021, a collage of NFT digital art by digital artist beeple gave a $ 69 million (about 7.5 billion yen) auction.

Until now, digital art could not be guaranteed a unique value, but the NFT suddenly increased the value of digital art.

NFT case②｜ツイート

On March 22, 2021, Twitter founder Jack Dorsey's first post of Twitter, 15 years ago, was an auction, giving over 300 million yen.NFT could auction digital assets like tweets.

NFT case③｜スニーカー

On December 13, 2021, Nike acquired an NFT sneaker company.A major global brand is using NFT to accelerate the advancement to Metaverse.

NFT case④｜デジタルアート

At the auction held until December 18, 2021, the mosaic art NFT "Astro Boy" was awarded for about 56 million yen.It is the highest successful bid for NFT from Japan.

NFT case⑤｜デジタルアート

On November 10, 2021, the Nippon Foundation produced art works in a workshop format with children at the Shin Saitama City base of the third child.Selling children's works as NFT.I started a new donation shape with Metabas.

NFT case⑥｜トレーディングカード

From December 17, 2021, Asahi Drink was held for a limited time for a limited time.LINE blockchain is used, and NFT treka has a unique number.

What NFT can do / features

NFT is already being used in various ways, but let's organize what you can do and characteristics.Here are mainly the following three.

I will explain each.

You will be able to trade safe

NFT can prove the value of digital works, so you can easily trade safe transactions through the Internet.

You will be able to trade images, videos, music, and in -game items.

Until now, even if valuable digital works were exhibited on the Internet auction, it was difficult to determine if it was real without NFT.

However, trading with NFT marketplace proves that the digital work is genuine by NFT.

NFT allows you to trade digital assets with confidence.

You don't have to worry about being tampered with fraudulently

The NFT guarantees the only one of the digital works and can clarify the owner.This information is protected by blockchain, so you don't have to worry about being broken.

Even if a digital work is copied illegally, it would be fake without NFT.The real value is protected by NFT.

Market transactions increase value

By linking NFT to digital works, it can be a digital asset and have a unique value.

And popular digital assets will be traded at a high price by collections and auctions.

In art works like real paintings, the history of the owner so far is one of the factors that determine the value of the work.NFT can now leave the history of the owner for digital assets.

また、従来は転売されても著作権者にはメリットがないために転売禁止であることも多かったです。しかし、NFTなら転売されるごとに著作者に報酬が支払われるような設定をすることが可能。NFTの登場により今後は積極的な転売がビジネスとなっていくでしょう。

List of NFT Market Place

To buy and sell NFT, use the NFT Market Place.There are various NFT marketplace that can buy and sell art, music, video, games characters and items.

NFT Market Place has overseas sites and domestic sites.

If you are a NFT beginner, first look at each site and start by checking the atmosphere.

Keywords you need to know to understand NFT

I will explain the keywords you need to know to understand NFT.

Here are the following three keywords to understand why NFT can prove value and what benefits can be created by proof of value.

I will explain each.

What is a blockchain?

A blockchain is a mechanism to prevent the data made once from being tampered with again.The data is divided into small divisions, encrypted, and connected it like a single chain, and is distributed and managed around the world.Therefore, it does not copy, falsify, or the data disappears.

The data created on our personal computer can be copied or edited at any time.You may accidentally delete it.

As a result, many important data will be on the server.By placing it on the server, you can share it with others.

However, the data placed on the server can be edited, stolen, and erased without security or setting access rights.

Therefore, the history has been to manage data safely and to use the centralized mechanism to enhance security with a huge amount of time and cost to use data with peace of mind.is.

However, the data created in the blockchain does not require a highly security server and no one can falsify it.This is because blockchain data is distributed around the world, is encrypted, copied multiple times, and is monitored to maintain its consistency.

Even if a third party tries to attack important data stored in the blockchain, it cannot be changed because it is only part of the data distributed around the world.

Even if some data is changed, it cannot be established as a change because the consistency with the other data connected by the rosary connection will be lost.

Even if you try to copy the data itself, it is difficult to access data distributed all over the world, so you will not be able to copy.The blockchain is a technology that can safely store and manage data.

NFTにはブロックチェーンの技術が使われています。ですから、NFTの情報は第三者が勝手に書き換えることができません。そのため、どのデータが誰のものであるのか、そしてそれが唯一の物であるのかをNFTは証明できるのです。

If you want to know more about blockchain, please refer to the following article.

What is virtual currency?

Cryptocurrency is a currency trading with digital made of blockchain technology.Cryptocurrency uses blockchain technology.Therefore, cryptocurrency cannot be forged or erased.

General currencies are under the control of the country, controlled value, and are reliable assets that can be used safely.

However, some countries around the world may fall in the value of currency.

This is because the reliability of the country has dropped.If the reliability of the country decreases, the currency will not only crash, but the property of the people living in the country will decrease.

To prevent this from happening, general currency is managed by the government.By managing centralized rights, it can be used safely by controlling value by preventing counterfeiting and protecting deposits.

On the other hand, cryptocurrencies do not have a centralized organization like a country.The only factor that determines the value of cryptocurrencies is the balance between demand and supply between those who want the virtual currency and those who want to sell.

If more people want cryptocurrencies, the value will increase.If more people want to sell cryptocurrencies, the value will be reduced.

The reason why cryptocurrencies can be established only by market principles is that virtual currency cannot be forged or erased by blockchain.The cryptocurrency protected by the blockchain does not require centralized management.

The difference between virtual currency and NFT is that virtual currency is a substitute token and NFT is a non -alternative token.

For example, 1 bitcoin can be exchanged for 1 bitcoin.There is no individual value difference in bitcoin itself.

On the other hand, since individual information is linked to NFT, it can prove the value of being the only one.Digital assets linked by NFT cannot be simply replaced with other digital assets because their value is different.

The difference between cryptocurrencies and NFT is whether you can distinguish the individual value of digital assets.

What is a meta spring?

Metaverse is a virtual space.As a familiar metavers, "I'm sorry

On metaharas, you will be able to exchange digital assets.For games, valuable items and weapons, avatars' clothes and belongings, land and buildings in virtual spaces, pets and art, etc.

In addition to games -like ways, metavers will be used for business meetings and presentations.Even if you don't go abroad by plane for hours, people all over the world gather and meet in the metavers meeting room.

In the metaharas, you will be able to collect and buy and sell various digital assets.NFT is used to prove the value of digital assets at that time.

From now on, you may be able to decorate the rare weapons you get in the game as furnishings in your home living room in your metaharthrus space.

NFT can enjoy owning digital assets in metaarthras space, and can generate great profits by buying and selling.

NFT merits and demerits

I will explain the advantages and disadvantages of NFT.Let's imagine the utilization of future business while deepening the understanding of NFT.

NFT benefits

デジタル資産の売買ができる

The advantage of being able to buy and sell digital assets, which had been difficult to prove their value so far.For those who create digital works, it can establish a source of income, and if more people buy digital assets for investment purposes, they will be a big market.

In fact, the world's largest NFT marketplace "OPEN SEA" has more than $ 2 billion more than $ 2 billion.

事務手続きや書類のやりとりを省略できる

The Ethereum used in NFT is equipped with a smart contract.If you use a smart contract, you can automate the contract.

In the conventional contract, it was necessary to make a third party an intermediary or exchange complex documents.This is because brokerage and documents are collateral to trade with peace of mind.

However, if you use NFT, you can ensure trust by blockchain technology.The smart contract ensures that the contract is ensured and the value can be transferred.

Therefore, if you use NFT, you will not need a complicated contract so far.If you put in money and select a product, it will be the same theory that the product can be obtained automatically, so that the contract can be automated without having to make a contract or a third party.increase.

不正や改ざんができない

By using NFT, the owner's information will not be tampered with or resold to illegally.In conventional digital data exchanges, it was difficult to ensure value because the data was tampered with or copied, so it was not guaranteed to be unicely guaranteed.

However, NFT can prove the value of digital works by blockchain, so it cannot cause fraud or falsification.

By using NFT, the value of digital assets is firmly protected.

NFT disadvantages

データそのものが手に入るわけではない

Digital assets traded in NFT do not allow data to be obtained in many cases, and most of them can only declare as their owners by NFT.

Since the actual thing does not come at hand, the image is slightly different from the actual owning feeling.The obtained digital assets can be displayed on the monitor or immersed in the superiority as the owner.

Also, even if you can get the real data of digital assets, you will not be in civil law ownership.It is necessary to understand the legal understanding around here.

Furthermore, although not limited to digital works, all copyrighted works are protected by copyright.Even if you own an NFT, copyright is not transferred.It is also necessary to be careful not to violate the author's rights.

仮想通貨の変動の影響を受ける

NFT can be applied to an auction or resale, but if the value of the cryptocurrency to be exchanged at that time drops, it may be significantly lower than the price you purchased.

Also, the digital assets bought when the NFT market itself is overheating may drop the price as the boom settles.

I want to understand that the transaction of NFT has a strong speculative factor.

ガス代と言われる手数料が高まる可能性

When buying and selling NFT, when using cryptocurrencies such as Ethereum, a fee called gas fee will be charged.Since this fee fluctuates, it seems that the gas fee may be higher depending on the price of itself, depending on the price of the purchase.

When trading NFT, it is necessary to assume prices including gas bills.

NFT Future / Future issues

The NFT has made it possible to trade digital assets with confidence.This allows you to buy digital art, trade new businesses using virtual space, and buy and sell items with people around the world in the game.

Athletes and popular idol trading cards are also popular.You can buy and sell pets grown in a virtual space to make money.

The possibilities of NFT are expanding with blockchain, cryptocurrency, and metavers.

In addition, NFT can be used in the actual thing, not a digital work.Applications are also considered to real estate and branded products.NFT is a digital certificate, so if you can prove your own gender and ownership, you can use it even if it is in the actual thing.

NFT can safely trade individuals and increase business speeds, so you can expect NFT in various scenes in the future.

However, NFT does not mean that there is no problem.Strong restrictions such as national and international laws may cause brakes to spread NFT.

The blockchain is safe, but may have security issues on encrypted asset exchange, NFT marketplace, and wallet.

Due to the lack of legal maintenance, if there is a financial loss in NFT transactions, you may not be legally protected and you may be at your own risk.

When trading NFT, please be careful at your own risk.

summary

In this article, we explained NFT.

I think you could understand the basics of NFT in a large frame.NFT can prove rare value by proving only digital works.

NFT has now been able to exist in a genuine real thing in a digital world full of copies and fake.

NFT will be the driving force to change the digital society in the future.Let's focus on the latest trends such as cryptocurrencies, NFTs, and metavers.

(Edit: Founding Handbook Editorial Department)