Editors Note: This article comes fromBeep NewsEditors Note: This article comes from
Beep News
, Author: Mavericks, released with authorization.
I don’t know if you have seen the picture below in Moments.
This picture shows the price of bananas in different scenarios. When the banana becomes an NFT, the price reaches $10,000, which is thousands of times higher than its original value.
Can a banana really become an NFT? NFT creators have made it a reality.
On March 8, the pixelated banana NFT created by Figure31 was listed on OpenSea, with a starting price of 1ETH. According to the current price of ETH, the starting price alone is more than 10,000 yuan, which is a veritable 10,000 yuan banana.
In fact, taking out bananas as artwork is not the first initiative of NFT creators. At the Art Basel Miami Beach exhibition in 2019, Italian artist Cattelan used gray tape to stick a banana on the wall and named it Comedian. , two of which were sold for $120,000.
Whether a banana or a tweet is really worth the price after being made into an NFT is not discussed in this article, and each NFT bidder has his own measurement criteria. However, from these NFTs based on physical objects, we can see that the distance between NFT and real life is getting closer and closer, and the distance between NFT and peoples emotions is getting closer and closer. This article will list the cases of NBA Top Shot, Sorare, Beeples Crossroads, Unisocks and NFT music works, and detail the connection between NFT and reality.
physical education
NBA Top Shot
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physical education
Deng Yaping once provoked former Chinese male basketball player Wang Shipeng at the Tucao Conference: Sun Yangs house and I are full of photos with gold medals and trophies, while Wang Shipengs house is hung with a 6-second (actually 5.8 seconds) animation.
The emergence of NBA Top Shot makes the 5.8-second animation really hang at home.
NBA Top Shot is produced by Dapper Labs, a well-known chain game development team, and the most eye-catching one is the player card pack. Users can obtain NFTs of NBA players highlight moments by purchasing player card packs. These highlight moments include dunks, three-pointers, lore, etc., which attracted a large number of NBA fans to participate.
However, the cards of top stars such as James, Antetokounmpo, and Harden that Chinese fans are familiar with are not cheap, and they have to be robbed, especially Jamess.
On February 23, NBA Top Shot officially announced that the motion picture of James dunks in the game against the Kings was sold for $208,000, a record high. The rarity of this card belongs to the highest level Legendary. The tweet from NBA Top Shot shows that the GIF is 12 seconds long and can be watched over and over on Twitter, but Jesse Schwarz actually owns it.
Whats even more worrying is that users can only buy basic card packs on weekdays, and James card packs are rare card packs. Buying a basic card pack is equivalent to unpacking the blind box. If you know the NBA better and know players such as Cousins and Fox, then it is still interesting. If you only know some superstars, you may first ask yourself: Who is this?
How hot is the NBA Top Shot? According to data from CryptoSlam on March 9, the 7-day trading volume of NBA Top Shot reached 44.42 million US dollars, and the 30-day trading volume reached 261 million US dollars. The two data far surpassed CryptoPunks. According to data from DappRadar, the number of NBA Top Shot trading users reached 203,000 in the last 7 days, surpassing Uniswap.
The popularity of NBA Top Shot has made the NBA smell business opportunities. Magic player Terrence Ross once revealed: The players are working with the NBA League Office to create Top Shot, which has increased the excitement and participation of fans. Hornets player Rozier advertised his cards via Twitter. He said: Buy a signed basketball, and buyers who spend more than $5,000 will get a signed jersey.
Sorare
In addition, Mark Cuban, Tsai Chongxin and others recently established the NBA Blockchain Use Case Committee, and NBA Top Shot is undoubtedly one of the use cases that the committee focuses on. The participation of NBA team executives is expected to add another fire to the development of NBA Top Shot.
Star cards have a long history in the NBA collection market, and examples of NBA star cards fetching high prices abound. For example, James rookie season signed star card sold for $1.8 million, and Kobes rookie season star card recently sold for a high price of $1.79 million. The innovation of NBA Top Shot is to turn photos into animations and inject blockchain technology into the star cards. According to the law that the top star cards in the rookie season are more expensive, if NBA Top Shot releases the explosive dunk animation of James rookie season in the future, it is expected that the price will reach a new high.
Sorare, like NBA Top Shot, is a blockchain game based on real players, and its gameplay is similar to general football card games. Its just that the designers of Sorare created four-a-side football, that is, one player each for the goalkeeper, forward, midfielder, and defender, plus a substitute.
There are two main ways to obtain players, one is to obtain level card rewards through competitions, and the other is to spend money. There are two types of spending money, one is to buy directly on the trading market, and the other is to participate in player card auctions. No matter which of these two methods is used, enough capital is required to obtain stars. To put it bluntly, it is a krypton gold game.
Like NBA Top Shot, the role of fans is very important. It is understandable for fans to spend a lot of money to photograph NFTs of idols and collect them. Whats more, football is the worlds number one sport, with a huge fan base around the world, providing Sorare with a huge potential consumer group. However, currently Sorare needs club authorization to issue player cards, so the cards of some stars have not yet been released. This is a point that restricts development compared with NBA Top Shot. If we can get authorization from more clubs in the future, and the design is closer to the real game, the development of Sorare can be expected.
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Encrypted artwork combining important people and events
Art comes from life and is higher than life.
Beeples NFT work Crossroads was recently sold at Nifty Gateway for $6.6 million, creating the highest NFT transaction price on the Nifty Gateway platform and Beeples individual.
The creation background of Crossroads is the 2020 U.S. election. According to the results of the election, the video content is changed. Two versions of the video are prepared for Trump. One version is the winner and the other is the loser. The final auction is the losers version. Version.
In the Crossroads video, Trump is lying head down on the lawn, with Loser, Poor Boy (poor boy), Proud Boy (proud boy) written on his body, and Bit Coin, Ethereum icon. People walked past him, and Trump looked huge and bloated in proportion.
Crossroads was able to succeed, and the idea of the work played a very important role. The 2020 U.S. election has brought the United States to a crossroads of development. Problems such as poor control of the epidemic and sluggish economic development have made the American people think about who they should choose. In the four years since Trump took office, there have been many cartoons about him, and his frequent arrogance in front of the media is impressive, so after he failed to run for the US president, Beeple took out peoples evaluation of him and said Said, can arouse peoples empathy.
In addition to Crossroads, Elon Mars is also an encrypted art work that combines hot spots. At that time, Elon Musk expressed his wish to be buried on Mars after his death, so RARIBOY created Elon Mars, put Elon Musks head on Mars, and finally sold it for 0.25ETH.
Behind the current encrypted art works, you can see the shadows of Dadaism, Pop Art, and Surrealism in the last century, which seem to have subverted traditional painting art. In fact, the core is life, which is based on real life and integrates the ideas of artists. creation.
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Physical NFT: Take the socks of Versailles as an example
The recent Versailles thing in the circle is wearing Unisocks physical socks to take pictures. According to data from CoinGecko, the current price of SOCKS tokens exceeds $120,000, and the highest price ever reached $164,000. If a SOCKS holder chooses to redeem a physical sock, the SOCKS token will be destroyed.
The $120,000 socks are the Hermès of socks. This pair of socks has the same feature as the Hermès bag sold in limited quantities worldwide, that is, limited edition. The total distribution of Unisocks is 500 pairs. So far, 185 people have redeemed physical socks, and there are still 11 pairs of genuine Unisocks that users can buy.
The first is the IP of Uniswap. Because Unisocks is officially authorized by Uniswap, which is equivalent to Uniswap peripherals. As the leader of DEX, Uniswap has many active users and followers, and the fan effect drives the sales of Unisocks. Uniswap is about to launch the V3 version, and the price of UNI is also at a historical high. Investors are optimistic about the appreciation potential of Unisocks.
The second is scarcity. As the saying goes, Things are rare and expensive, the rarer the circulation, the more precious. For Uniswap fans, the global limited edition of 500 pairs of socks is undoubtedly there are too many monks and too little porridge. Every pair of socks is like buying a Hermes bag that is limited to the world Just as exciting. As there are fewer and fewer SOCKS tokens circulating in the market, SOCKS tokens remain deflationary, and token prices naturally rise.
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NFT music works
In the past month or so, many singers and musicians have leaked news, announcing that they have completed or will soon release NFT music works.
On February 6, Linkin Park lead singer Mike Shinoda auctioned the song fragment NFT Zora in Rarible
At the end of February, 3LAU released a limited edition album UltravioletVinyl NFT collection series, with a total transaction price of 11.68 million US dollars
Kings of Leon won $1.4 million worth of Ethereum in an NFT auction of record When You See Yourself last week
Canadian rapper Tory Lanez announced the support of Bondly Finance to release 3 songs from his album Playboy in the form of NFT
The emergence of NFT music works is good news for the music industry. The music industry has always been the hardest hit area of piracy. Making music works into NFTs is convenient for storing certificates on the chain of music works, which can effectively avoid the problem of piracy.
For holders of NFT music works, based on the huge fan base of musicians, the appreciation space of music works is relatively large, and there is not much concern whether it is collecting or looking for opportunities to resell.
For NFT representations, the addition of music enhances the auditory stimulation of NFTs, and NFT representations expand from a single static image to static images, moving images, video and audio.
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IP empowers NFT
Among the above examples, IP+NFT accounts for a large proportion. Just imagine, without the influence of the NBA and major football leagues, the value of NBA Top Shot and Sorare would be cut in half. The NBAs huge fan resources provide a source of users for NBA Top Shot, and the history of NBA star cards makes it easy for fans to accept the form of NFT cards.
Behind the IP are fans and supporters. There are many loyal fans and supporters behind Uniswap, Beeple, and well-known musicians mentioned in the above examples.
Uniswap has a large number of users participating in transactions every day, and the user stickiness is high. Coupled with the charisma of Hayden Adams, there is no reason why Uniswaps peripheral products are not selling well.
