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㈠ Understand the NFT that Musk is talking about in one article | As many as 23 NFT application scenarios

What is NFT

NFT, the full name is Non- Fungible Token, Chinese is a non-fungible token. It is inseparable, irreplaceable and unique. The fungible tokens (FT) corresponding to it can be substituted for each other. For example, you own an ETH and I own an ETH. The two ETHs are essentially the same and there is no difference. In time, we will exchange the two ETHs for each other. Changing it has no impact or difference. Then, non-fungible tokens (NFTs) are like marking fungible tokens, making them unique.

Origin of NFT

Perhaps many people have only recently noticed NFT, but in fact it has been sprouting since 2012. In 2012, a person named Yoni Assia published a blog post titled bitcoin 2.X (aka Colored Bitcoin) – initial specs. The article discussed colored coins and said that colored coins were part of the genesis transaction. They are therefore unique and can be identified from regular Bitcoin transactions. Later, another author, Meni Rosenfeld, wrote an article titled Overview of Colored Coins to continue to explore its value.

Counterparty was born in 2014. It is a peer-to-peer financial platform and a distributed open source Internet protocol built on the Bitcoin blockchain. The corresponding token is XCP.

In 2015, the first game based on blockchain technology was born, Spells of Genesis. Its game developers issued game assets to the blockchain through Counterparty. The game funds development through the issuance of a token called Bitcrystals (BCY), which is also used as currency in the game.

In 2016, Counterparty cooperated with the popular card game Force of Will and also released its own cards on the Counterparty platform. The Force of Will game is the top-selling card game in North America, and is as popular as Pokemon, Yu-Gi-Oh, and Magic: The Gathering.

Someone is CountingRare pepes (RARE), a meme with the following characteristics of a frog, is released as an asset on erparty.

What is a meme?

The meme originated from a tweet. At that time, liquidity mining was booming, and various imitation disk projects emerged one after another. So Jordan Lyall, the developer of Consensys, mocked these imitation disk projects on Twitter:

What is unexpected is that someone actually created one. With the meme token project, there are also community members who volunteer to build products, hoping to make it a Defi project. As a result, Degenerator has developed from a virtual project into an NFT decentralized platform that supports mining.

Since then, many meme-like projects have appeared on the market, using the same method to obtain user funds in the form of airdrops. So everyone is accustomed to calling this kind of project a meme project. In fact, memes are also tokens.

The meme token is currently priced at $2,655.

Peperium was born in 2017. It is billed as a decentralized meme market and trading card game (TCG) where anyone can create memes and store them permanently on IPFS and Ethereum. The token is RARE, which is used to create memes and for listing fees.

Then Cryptopunk was founded, created by two creative technologists who realized that they could create a unique character native to the Ethereum blockchain, an NFT project.

Subsequently, CryptoKitties, which also became popular in October 2017, appeared. CryptoKitties is a virtual game based on the blockchain that allows players to adopt, feed, and even trade these virtual cats. At the same time, the application of NFT to games has also been promoted to the mainstream market.

A virtual cat like this could sell for $800,000

CryptoKitties was launched in October 2017 by a Vancouver-based company called Axiom Zen. The team had been working on the project for several months when they released the alpha version during the ETH Waterloo Hackathon, the largest hackathon in the global Ethereum ecosystem. There were over 400 developers participating in the hackathon, so it was the perfect place and time to introduce the game. The CryptoKitties team at the hackathonWinning first place in the competition, the game quickly became popular.

The rise of CryptoKitties coincided with the 2017 bull market, so it was unstoppable. People are buying, breeding and trading virtual cats like crazy. This has led many to see the potential of non-fungible tokens. Axiom Zen subsequently spun out a company called Dapper Labs, which raised $15 million in funding from top investors including a16z and Google Ventures. After witnessing the frenzied action in the CryptoKitties community and Dapper Labs receiving investment from top investors, people are starting to realize the true power of NFTs.

From 2018 to 2019, the NFT ecosystem achieved large-scale growth.

23 possible application scenarios for NFT

Wearable products are physical products, such as T-shirts, that can be used in virtual games. Associated platforms or applications are @TheMetaFactory @digitibles

Earn rewards by staking NFT tokens, just like Defi mining. Due to the unique characteristics of NFT, different scarcities can be achieved, providing more diverse gameplay than traditional mining. Associated platforms or applications @DontBuyMeme @aavegotchi

For example, a virtual trading market can be built in a virtual game, and any game-like thing can be traded in the trading market. Associated platform or application @MetaZoneio, in which an app store is built in decentraland. It is reported that the decentraland development team has received more than 2 million MANA in return from these transaction fees. (MANA is its platform token)

It can provide integration, online and other third-party tools for any NFT project or game. Associated platform or application @enjin @gamecredits @WAX_io

This can solve the problem of small retail investors with small funds. Because small retail investors cannot afford NFT tokens worth tens or hundreds of Ethereum (ETH), they can experience the same happiness by breaking up these expensive tokens and selling them, for example, buying 0.1 tokens. . Associated platform or application @NIFTEXdotcom

That is, you can freely trade various NFT tokens in your hands. Associated platform or application @rariblecom @TokenTrove @GPKMarket @enjin

For example, different insurance policies can be bound to different NFT tokens to facilitate user transactions. NFT projects in this field have great development potential. Associated platforms or applications @iearnfinance

Buyers can purchase NFTs representing different athletes and position them to participate in competitions to receive rewards. Associated platforms or applications @MLBChampions @SorareHQ

This is similar to sports competition games. Associated platform or application @CryptoMotors_io

Also due to the unique and irreplaceable characteristics of NFT, binding each domain name to a unique NFT can solve practical problems and has practical significance. Associated platforms or applications @ensdomains @unstoppableweb

You can issue tokens with gold as the backing, and then mortgage the tokens to obtain NFT tokens. Associated platform or application @Bullionix_io

Just like the cards attached to the crispy noodle snacks we used to eat when we were children. These cards are physical, so they can also be placed on the blockchain. Those who are interested can Collect these unique digital cards online. Associated platforms or applications @nba_topshot @WAX_io

For example, if you complete check-in on telegram, website and other platforms, you will be rewarded with NFT tokens. Of course, everyone thinks that this kind of check-in has some special meaning. Associated platforms or applications @SuperRare

Collection or collectible games are the core of the NFT industry. The first one to break out was the popular CryptoKitties game in 2017. The more popular ones nowadays are Cryptopunks, currently on the trading market for at least 5 ETH each. Associated platforms or applications @CryptoKitties @AvaStarsNFT @BlockchainCutie @larvalabs

Such projects can be online or offline, and are provided to users through NFT Different access rights. Associated platform or application @mintbase @DigiTxio

Trading cards are card games that use cards with specific themes to form your own card pile, and use various cards and strategies to fight against each other. Link to a platform or app @GodsUnchained @splinterlands @SkyWeaverGame

This can be used for musicElectronic Copyright. Associated platforms or applications @mintbase @DAOrecords

Players can hold equipment, characters, elves, pets, etc. in traditional online games as NFT tokens as assets and trade them freely for entertainment There are also benefits, and this is becoming a trend. Associated platform or application @AxieInfinity @neondistrictRPG @mycryptoheroes_ @CSCgame@Ethermon_io

If you fund a project unconditionally, the project party can send you NFT as a unique voucher for funding the project. Associated platforms or applications @BasedProtocol

In virtual world games, virtual land sales, virtual meetings, virtual electronic banking and social networking can be conducted. Associated platforms or applications @decentraland @SomniumSpace @cryptovoxels @TheSandboxGame @AxieInfinity

Similar to online games x NFT, clothing props and nicknames in virtual games can also be combined with NFT to buy and sell these goods.

For example, the pictures you see on Opensea include other electronic works with a more design sense. This field is currently growing rapidly. On March 11, crypto artist Beeple’s NFT work sold for $6.9 million. It looks like this

Associated platform or application @makersplaceco @SuperRare_co @KnownOrigin_io @mintbase @niftygateway @rariblecom

For example, in order to establish an internal ecosystem of the community, the operator will issue valuable NFT as collateral. Community currency. Related platforms or applications @Whale

Which celebrities outside the circle are optimistic about NFT

Tesla CEO Elon Musk

Sotheby’s CEO Charles Stewart

Twitter CEO Jack Dorsey

Outlook for NFTs

Sports, games, and entertainment are always exposed to new technologies before other industries, and NFT is no exception. NBA shot, cryptoketties CryptoKitties games, art collectionCollections have allowed NFT to have successful applications and generate huge profits. According to "I Know Blockchain", it is predicted that NFT will continue to go out of the circle. The above 23 possible application scenarios of NFT can give us confidence. I also hope that this information can give people who want to create more possibilities on NFT more thinking and make more interesting applications.

㈡ What is this money

This is not an amount of money, this is the original "game currency"

(iii) Does the country allow hnt mining?

Currently, mining is completely banned in China, and large-scale mines have been cleared. Traditional high-energy-consuming virtual currency "mining" is facing greater efforts to clean up. Mining is a visual expression in the Bitcoin system; the real name behind it is the POW algorithm, which is the proof-of-work algorithm; proof-of-work is a strategy proposed by two economists in 1993 to prevent An economic strategy that effectively blocks service abuse or resource abuse. The so-called mining is the process in which the computer continuously finds the Nonce value and calculates the Hash value through exhaustive methods; whoever finds it first will successfully get the BTC reward.
In the blockchain world, consensus is generally achieved through specific mathematical algorithms. The POW mechanism has the advantages of decentralization and high security, but it will cause a waste of resources, because mining requires a large amount of hash operations, electricity and various computing resources, and the network performance is too low and is not suitable for commercial use. Different from the Bitcoin mining POW mechanism, Helium's original POC consensus mechanism, namely proof of coverage, can effectively verify the actual operation of hotspots and network coverage. The incentive mechanism encourages miners to stably operate and maintain the gateway and provide wireless network coverage. Mining hNT using hotspots is done via radio technology, rather than expensive or wasteful GPUs.
1. hnt aims to encourage miners to deploy hotspots, provide wireless network coverage, and provide low-power, wide-coverage wireless network access for IoT devices through corresponding incentives. Therefore, the power consumption of the helium mining machine chassis is very small, the power consumption of a light bulb is 5W. The monthly electricity bill will not exceed $1, and it will not consume WiFi traffic. It transmits lorawan signals through connected WiFi, similar to the frequency of a radio. Currently, hundreds of companies and thousands of developers have established the Helium Network, which will be the largest and fastest-growing lorawan network in the world. HNT mining has broader development prospects in the future. As a professional hNT solution provider, Julian Cloud establishes professional cluster management and operation solutions through technological innovation. Standardized warehousing management system, 7*24 hours real-time monitoring; complete warehousing supplier management and strict risk control system. The platform has a great reputation. The professional team provides storage management security, gaining the trust of more users and meeting the storage needs of users around the world. Raspberry Pi 4b/rom4gb/sd32gb and other hNT mining boxes with ultra-high configuration and mature hardwareSoftware solutions to maximize user benefits and better meet the needs of hNT mining machine investors.
2. Helium is a point-to-point wireless network established to interconnect low-energy IoT devices with the Internet. As a data transmitter for IoT devices such as hotspots, network maintenance personnel can use coverage certificates to prove their contribution to the network and obtain hNT token reward challenge. HNT tokens can generate data credit payment information and token transfer fees. It is a point-to-point platform established for interconnecting low-energy IoT devices with the Internet, wireless networks, and data transmitters using IoT devices such as hotspots. Network maintenance personnel can use the attestation and coverage challenges to prove their contribution to the network and obtain hNT tokens. Coin rewards. HNT tokens can generate data, Credits, which are used to pay for information and token transfer fees. Blockchain and Token Helium develop a new cryptographic system for this network. Knowledge mechanisms provide incentives for network expansion and maintenance. Helium provides a practical way to extend your network to specific geographic areas.

㈣ Lenovo LNV introduces a blockchain platform and cooperates with Credits to explore related fields

LNV is a brand of Lenovo. With the popularity of blockchain, Recently, Lenovo LNV announced its cooperation with the blockchain platform Credits. Both parties will jointly leverage their technical advantages to explore in the fields of Internet of Things, VR, AR, etc. Let’s look at the detailed introduction below.

Credits “will use its blockchain expertise to help drive software builds for Lenovo’s new vision technology project.” In addition to new technologies, Lenovo New Vision Technology plans to incorporate Credits’ blockchain solutions to simplify internal operations and management procedures.

Credits company focuses on developing an autonomous blockchain platform based on peer-to-peer network principles, specifically providing blockchain services required by startups.

Credits calls it “the fastest and most scalable blockchain platform.”

To date, Credits has provided over 100 startups with blockchain-based solutions. Various services for blockchain development.

As we all know, the blockchain industry is currently in a period of very unclear applications. How to apply and how to implement it are things that everyone is worried about. It is even more difficult for traditional hardware manufacturers like Lenovo. .

This year Lenovo held a new mobile phone product launch conference and released the first "blockchain phone" Lenovo S5. It is generally said that the bottom layer of the S5 system uses "blockchain" protection technology to protect payments.

Lenovo S5 creates the first dual-domain isolation and full-domain encryption secure space - "Z Space", innovatively solving industry problems of payment security, protected by 17 patents, full-scenario payment, no blind spots protection, comprehensive Ensure the security of users’ accounts, passwords and online shopping.

And supporting the latest blockchain technology from the bottom up, the future of Lenovo mobile phones goes beyond imagination. This means that Lenovo may become the leader in the future direction of smartphones and take the lead in the intelligent direction of mobile business.

From Lenovo’s blockchain phone to its cooperation with Credits, Lenovo has shown people its determination to enter the blockchain field. The significance of Lenovo's smart IoT joining the blockchain may be that it will effectively make up for the shortcomings of IoT technology and improve Lenovo's ability to provide users with more powerful and comfortable smart IoT services.

At present, the large-scale application of the Internet of Things industry is taking shape, but there are many problems at the same time, which limits its development space. For example, problems encountered in the development of the Internet of Things include user equipment security, personal privacy leakage, rigid architecture, incompatible communication, and difficulties in multi-agent collaboration.

These problems can be solved by introducing blockchain technology. Using blockchain technology, point-to-point data transmission can be carried out more conveniently. At the same time, the characteristics of blockchain that cannot be tampered with and revoked can ensure the accuracy and security of data, and anonymity can well protect user privacy.

Industry insiders pointed out that blockchain technology, as a disruptive technology moving from the "information Internet" era to the "value Internet" era, will completely reconstruct the Internet production relations.

Blockchain thinking is decentralization. The meaning of decentralization is that it requires a community and everyone in the world to maintain it. Maintenance requires costs. Therefore, the most basic and fair core of a public chain is to maintain the stable and healthy development of this public chain.

At the same time, it must reward all those who have contributed to this public chain. This is the core thing it has. Why do we say 10 times or a hundred times? It’s because under the maintenance of the whole community, many applications have been built on its public chain, and more and more applications are used to maintain the public chain, so it will cause the token value of this public chain to increase. Because a lot of people need it.

The above is the relevant content of Lenovo LNV’s introduction of blockchain.

㈤ What is the biggest difference between Stellar Lumens and Ripple?

Both are digital currencies

Bitcoin is not the only digital currency on the Internet, there is also Ripple Ripple, Stellar, Litecoin, Ethereum, and other digital currencies.

㈥ What are the seven major blockchain applications that will affect the future world?

Blockchain is the return of the value of the Internet.
In 1989, Berners-Lee developed the World Wide Web. The World Wide Web was founded on the principles of openness and fairness. But today, 28 years later, various forms of monopoly have begun to appear on the global Internet, and the principle of openness and transparency on the Internet has been trampled on without restraint.
In China, the Internet has officially entered the "In the era of "The United States and the Soviet Union", Tencent and Alibaba have almost formed a monopoly. Some platforms have successively exposed user privacy leaks, and recently it has been reported that two well-known companies are competing for user data. To change all this, a new method is urgently needed. It is against this background that blockchain came into being.
From a technical perspective, blockchain is a new application model of computer technologies such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithms. .
The so-called consensus mechanism is a mathematical algorithm that establishes trust and obtains rights and interests between different nodes in the blockchain system. In a narrow sense, blockchain is a way of connecting data blocks sequentially in chronological order. A chain data structure combined into a distributed ledger that is cryptographically guaranteed to be non-tamperable and non-forgeable.
Broadly speaking, blockchain technology uses a block chain data structure to verify stored data, A new distributed infrastructure and computing that uses distributed node consensus algorithms to generate and update data, uses cryptography to ensure the security of data transmission and access, and uses smart contracts composed of automated script codes to program and operate data. Paradigm.
From this point of view, blockchain application projects that can affect the future world must have the following common characteristics:
1. The field has extremely high demand for data security
2 . The field has extremely high requirements for data privacy
3. The computing process needs to be traceable and non-tamperable
4. It can reduce social costs
5. Open attitude, everyone can contribute and participate
/>6. Have its own independently issued token
7. This industry has been highly prosperous in the Internet landscape
Through sufficient industry data research and extensive sampling research, we list the following eight major things that can change the world The direction of blockchain application and outstanding representative projects.
1. Finance
The core value of blockchain application in the financial field: promoting anti-money laundering and customer identity review.
Innovation in blockchain In and application exploration, finance is the most important field. Blockchain technology has broad application prospects in digital currency, payment and clearing, smart contracts, financial transactions, Internet of Things finance and other aspects.
Take Taobao for shopping For example, the payment link requires Alipay to achieve trustworthy guaranteed transactions, but because Taobao and Alipay belong to the same company, this credit foundation is controlled by Alibaba itself. If the Alipay guarantee platform is replaced by a "trusted super system" ”, making transactions intuitive and secure, and no third-party guarantee is required. The emergence of blockchain can make this idea a reality.
Bitcoin is currently the most widespread and successful blockchain technology Because of its non-tamperable timestamp and network-wide publicity, it has been widely trusted by financial industries such as banks, securities, and insurance. In recent years, it has skyrocketed, and even Bitcoin has become legal in many countries. Currency.
2. TravelPlay
The core value of the blockchain application game field: returning game rights to game players.
The technical features of blockchain technology, such as decentralization, smart contracts, and asset transactions, can well solve the current problem of privacy leakage of game data and user data in the gaming industry, promote the preservation of the value of virtual digital currencies in games, and enable users to Fair value sharing with game development platforms.
Abroad, blockchain technology has been widely used in game currency payments. For example, Fragoria, a game with eight million players, has launched GameCredits’ blockchain payment gateway, providing the first cryptocurrency payment solution for the gaming industry.
3. Socialization
The core value of the social field of blockchain applications: allowing users to control their own data and prevent privacy leaks.
Think about why we always receive similar advertising pop-ups on other social platforms after browsing a certain shopping website. This is because data privacy is shamefully trafficked by monopolized big data platforms.
The purpose of applying blockchain technology in the social field is to shift the control of social networks from centralized companies to individuals, realize the change from centralization to decentralization, and firmly grasp the control of data. In the hands of the users themselves.
Israeli light social APP software Synereo fully guarantees user privacy and security with the help of an anonymized blockchain network and its embedded token mechanism. At the same time, tag tokenization and personalized pricing are used to help people reshape their social network image, relationships between people, identity and cognition.
4. Copyright
The core value of blockchain application copyright: reshaping the protection of intellectual property.
Blockchain technology records all transactions in blocks, and the records cannot be tampered with, so all transactions can be tracked and queried, ensuring transaction transparency on the blockchain and avoiding Users on the Internet illegally use content protected by intellectual property rights. For original creators, this is a more convenient, safer and cheaper way to protect copyright.
At present, blockchain technology is mostly used in the copyright protection of digital music. The online music platform PledgeMusic has announced a comprehensive blueprint for a global decentralized account book and fair trade music database, which can fully solve the issues of ownership, payment and transparency.
5. Cloud Computing
The core value of blockchain application in the field of cloud computing: Promote the construction process of public trust infrastructure.
China Academy of Information and Communications Technology believes that the combination of blockchain and cloud is also an inevitable trend. There are two models for the combination of blockchain and cloud, one is blockchain on the cloud, and the other is blockchain in the cloud. The latter one, namely BaaS, Blockchain-as-a-Service, refers to the cloud service provider directly providing blockchain as a service to users.
In the future, cloud service companies will increasingly integrate blockchain technology into the cloud computing ecological environment and effectively reduce enterprise costs by providing BaaS functions.It reduces the deployment costs of blockchain for industrial applications and lowers the initial threshold for innovation and entrepreneurship.
6. Sharing Economy
The core value of blockchain application in the field of cloud computing: building user trust for the platform.
Blockchain is a distributed and consistent storage system that realizes a transparent and true credit management system under the P2P business model. The core is decentralization and trustlessness to crack the trust pain points of the sharing economy. P2P online lending, second-hand car trading, accommodation sharing and other sharing economy segments have already begun to be tried.
By using smart contract technology, blockchain can automatically perform operations that meet certain conditions, and can also enable more goods to be "shared", significantly reducing the cost of contract establishment and execution.
Tencent is applying smart contracts to bicycle rental, house sharing and other fields. If this smart contract is applied to today's popular bicycle sharing field, it may bring new changes to the entire industry.
7. Digital Advertising
The core value of blockchain application in the field of digital advertising: achieving precise advertising and ensuring that user privacy is not violated.
The natural advantages of blockchain technology in terms of data non-tamperability, decentralization, and security indicate that it has natural advantages in grafting with digital advertising. Smart contracts can effectively improve the efficiency of advertising transactions while combating digital advertising fraud.
metacrypto metadata advertising chain is the world’s first mobile advertising platform based on blockchain technology. MetaCrypto adopts a decentralized business model and does not rely on any centralized intermediaries or the troubles of bidding rankings to achieve freedom. Submit an online advertising contract, and there is no need to worry about the delivery effect being tampered with by any link or being falsely delivered by the channel party.
Users set personalized metadata on their own private devices. Private and sensitive information will only be kept on their own devices. Only part of the metadata that can be made public for contract matching will be synchronized by the business blockchain. , while protecting the privacy of each user, the user can locally trigger the advertiser's ad playback contract and obtain certain additional rewards.