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Can NFT be the guiding light behind the hype?

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Ideal NFT: has enough consensus support (value), does not cause copyright dispute, world view compatibility, does not destroy other game balance, unique proof mechanism does not be falsified, etc.

Original title: "behind the hype, can NFT become the guiding light of chain tour?"
Chain teahouse author: shenneng

Recently, the concept of NFT (non-homogeneous assets) has been widely hyped at home and abroad, following DeFi as the highly anticipated future direction of chain circle. So how is the current NFT market layout, how is the development prospect, chain teahouse from different dimensions of analysis, for everyone to simply straighten out the next train of thought.

The rise of the NFT market began with cryptocats in the second half of 2017. When the ethereum ERC20 protocol sparked an ICO craze, cryptocat's development team discovered that tokens based on the ERC20 protocol were homogenized tokens, and the significance of cryptocats was their unique properties. So Dapper Labs' CTO Dieter Shirley developed the ERC721 protocol, which defines a new standard for NFT.

From the birth of ERC721 to the emergence of multiple NFT protocols, developers of chain games, trading platforms, public links and users participating in the speculation of trading, have all increased the popularity of NFT concept. According to statistics, although the number of NFT accounts has not yet exceeded the peak of the crypto cat era at the end of 2017, the overall trend has maintained a steady growth, thanks to the above-mentioned parties in the direction of NFT continue to make big moves.

Chain game developers: the more NFT assets that come with the game, the more traffic it will attract

After cryptocat adopted the NFT standard erc-721, a number of chain game developers were wondering how to build non-replaceable or unique tokens on the ethereal block chain. While most tokens are replaceable (each token is the same as every other token), erc-721 tokens are unique. Think of them as rare, one-of-a-kind collectibles.

CryptoCountries is a game called DApp, which was launched in February 2018. The game allows players to use ETH to buy virtual countries on digital maps. When they buy a country, they become the "king" of that virtual country. If someone wanted to buy the same country, they would have to pay twice as much as the previous king.

At the blockchain games conference in Tokyo last September, the Japanese RPG blockchain game My Crypto Heroes unveiled the latest news about its legitimate sequel, My Crypto Heroes S. My Crypto Heroes S is a strategy game centered on the PVP and GVG of mythical Heroes. Produced by the core developers of My Crypto Heroes, it is a legitimate sequel to MCH. Use the NFT (hero, territory) sold in MCH as the main element of the game.

Plus a recent trading explosion fire game is Decentraland NFT assets, this is one is the architecture in Ethereum block chain in the virtual world, people can buy here, sell assets and building block chain. Decentraland Land (Land) are recorded in the chain of blocks on the virtual assets, ownership transfer can be like in the real world.

Decentraland in the block chain game circle is an old project, as early as August 2017 completed the tokens, ms public offering, 35 seconds completed $24 million worth of ETH was raised. That is a big increase from last year, when the market value of NFT exceeded $300m, according to research reports, an increase of 50%.

Decentraland created Decentraland trading market, in which the user can buy and sell land, housing, and even names and the VR devices. With the continuous development of Decentraland, will also be added in the trading market of NFT assets more and more. Decentraland in if the user wants to buy their favorite NFT, exclusive currency ms must be used.

Decentraland team thought that NFT will inspire more interest in the market in 2020 and produce more volume, Decentraland growth is expected to be above 50%, this will increase the value of its NFT, will also promote more players to participate in the market.

Trading platform: the emergence of NFT trading platform of multiple exchanges promotes the circulation of NFT assets

When it comes to the trading platform, OpenSea, the largest NFT asset trading platform in the world, is most familiar to overseas users and early domestic users. OpenSea's main commodity is the Token of ERC721 and ERC1155 standards. The feature is that all you need is a deployed smart contract to trade on the interface provided by OpenSea, similar to sites like OneClickdApp that provide uniform contract interaction.

With OpenSea, chain game developers and NFT manufacturers on the ETH no longer need to set up their own NFT store, but simply use an iframe embedded contract or website. For domestic developers and users, the NFT store on ETH's ecosystem is more familiar with SpiderDEX.

SpiderDEX currently covers cryptographic collectibles, NFT assets, and blockchain game props, and is compatible with mainstream cryptographic asset standards such as ERC721, ERC20, and ERC1155. On the plus side, SpiderDEX provides users with a one-stop NFT trading experience, which is free of top-up, hands-free, quick order placing, automatic matchmaking, and free adjustment or cancellation of orders.

In addition to ethereum, groupon, the first NFT asset exchange built by the XPET gaming team for IOST, launched in early April. As a comprehensive platform for the release and trading of game assets, raibaoo aims to promote the integration of traditional games and blockchain games, give play to the value of blockchain in the right of game assets and efficient circulation, and realize the mapping and reuse of the same game assets in multiple independent games. Groupon is the first NFT asset trading platform that supports the IOST main network IRC721 agreement. Firstly, it guarantees that NFT assets issued based on the IRC721 agreement can be transferred and traded freely in groupon.

ERC1155: the new token standard on ethereum manages an unlimited number of NFT

As mentioned above, the representative NFT asset in 2018 is ETH's ERC721, but this agreement will generate unique contracts according to each NFT asset, which will cause redundancy in batch management and trading, and consume excessive time and Gas costs.

Faced with such a redundancy problem, ERC1155 came into being. Erc-1155 USES a new way to define tokens, items will be stored in a central intelligent contract, and take up very little space only to be distinguished from each other. Any item Token can be combined and packaged into a "Token package ", which also has its own independent id (reducing the amount of redundant bytecode on the blockchain).

The core concept behind erc-1155 is that an intelligent contract can manage an unlimited number of tokens. An erc-1155 game contract can contain a variety of items, from weapons and armor to health potions, magic scrolls, and more. Each item can be "replaceable," with multiple copies available. Alternative tokens are used for divisible currencies (most erc-20 tokens) and are also useful for stackable items that don't need to be distinguished.

Common link: IOST and CocosBCX are working on the introduction and application of NFT asset standard

In addition to ethereum, other public sector players are also working to explore NFT asset standards, such as IOST and CocosBCX. IOST released the NFT standard agreement IRC721 of IOST main network in early April. The official believes that NFT assets are applicable to a wide range of application scenarios due to their non-homogeneity, such as game props, collectibles, tickets, real estate and other valuable items with high liquidity. Currently, game assets are the best scenarios for NFT landing.

In order to promote a better flow of IRC721 assets on the IOST corporate chain, IOST launched the first ecological NFT asset trading platform, taobao. Zuobao will provide game developers with the service of releasing and selling game assets, and provide users with one-stop functions of purchasing, selling, mortgaging and leasing game assets.

Another domestic Cocos-BCX Cocos-BCX launched a non - homogeneous digital assets bx-nhas-1808 standard. NHAS - 1808 standard for books to center distribution system puts forward a set of unified, easy to expand the digital assets standards and application of the specification, and the specification on the basis of the extended more assets business model, put forward the unique world view system, digital assets for game developers to provide perfect and convenient development environment, play a chain characteristics, push the game to swim.

Cocos-bcx has now entered into cooperation with TRON, Ontology, Zilliqa, NEO and HelloEOS, etc., making it one of the most industry-supported non-homogeneous digital asset standards. The well-known IP "game development country" reached a cooperation with cocos-bcx and developed a blockchain version of "game development country" based on bx-nhas-1808 standard. Game developer is a business simulation game in which players manage their own game company and try to design a unique multi-million selling game. The smart contract of cocos-bcx block chain system is used to complete the consumption, lottery, item trading and forming rules in the block chain version of the game development country.

NFT can make chain Tours more fun and there are more directions to look forward to

From the perspective of its core advantages, NFT solves the problems of asset depreciation and security in traditional games, such as the optional increase of props and arbitrary modification of values. Secondly, the uniqueness and uniqueness of NFT assets add to its collection property and financial transaction property, which is the feature of the game given by the block chain. It also greatly improves the liquidity of game assets and breaks the disadvantage of traditional games that artificially restrict the liquidity of game assets. There is a big difference in value between a game asset that can be reused and freely circulated in different games, and a game asset that is centrally controlled to artificially control liquidity.

The ideal NFT would have several features: sufficient consensus support (value), no copyright disputes, compatibility with the world view, no disruption to the balance of other games, no unique certification mechanism to be falsified, and so on. Therefore, in addition to the uniqueness, uniqueness and transaction attributes of chain game assets, the concept of NFT can also be applied to broader scenarios.

According to the list of NFT asset ranking websites nonfungible and second Superrare and 9 Markersplace is encrypted art project, this NFT is another important application, a few days ago encryption art platform AsyncArt held an encryption art auction, a single art prices can reach 160000.

Digital art has become a hot area for NFT asset applications in the recent past. Artists create their own works in virtual Spaces and establish their own art brand. It can be seen that in this field, NFT property copyright verification, resistance to fraud and other aspects of the ability to show, there may be more areas need to join NFT.