Shanghai Securities News: NFT is popular but its financial attributes should be reduced as much as possible

Shanghai Securities News: NFT is popular but its financial attributes should be reduced as much as possible

Wu said blockchain learned that on September 8, an article in Shanghai Securities News under Xinhua News Agency stated that NFT, which has been highly sought after in the art circle this year, has suddenly become popular. On one hand, artists are excited, and on the other hand, Internet giants are quietly entering the market. The most popular application scenario of NFT is in the art field. Many Chinese artists have begun to turn their works into NFTs.
In addition to artworks, the most promising application scenario for NFT in the future is the gaming industry, which is likely to become the second major fulcrum for leveraging the "metaverse". A gaming practitioner said that a sufficiently realistic virtual world must be inseparable from a stable and reliable virtual wealth system, and NFT may be the best choice. "The uniqueness and immutability of NFT make the assets it marks highly secure, and even the game officials cannot directly modify them, which is very important for building the metaverse world."
However, the financial attributes of NFT itself make its promotion in China face some challenges. "The last Token in the full name of NFT actually means token, which makes NFT have financial attributes from the beginning of its design, but the important thing now is how to use the encryption characteristics of NFT to serve the industry and minimize the impact of its financial attributes on it."

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