NFT SUMMER is over, is it okay in the art field?
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2021 is undoubtedly the mid-summer of NFT. No matter where you go, you will listen to people talking about NFT, starting with Beeple’s sky-high art paintings at the beginning of the year, to the veteran NFT Crypto Punks whose prices have soared to the ceiling, and then to the messy Loot that was on fire a few days ago. , People’s enthusiasm for NFT is unprecedented.
But this raises another question, how long can NFT Summer last? I believe this is what many people worry about.
No one will deny that the hype cycle in the crypto field will always end at some point. DeFi in 2020 is a perfect example. When the overall market sentiment shifts from long-term thinking to short-term gains, it is time to leave.
So, as far as the projects of NFT and Metaverse itself are concerned, how can we find a balanced, stable, and healthy development path in the volatility of the market?
At the Metaverse Ecological Empowerment Exchange Conference last weekend, Mr. Chen Xu, the founder of MetaZ and the future asset research think tank MetaZ, chief consultant of NFT China, and NFT consultant of FT Chinese Network, shared "How does Metaverse cross the bull and bear?", his It’s also very appropriate to put ideas under this topic.
Chen Xu believes that empathy, virtual identity, and non-technical dependence are the three main elements that the Metaverse project can be retained in the market.
Empathy is the most important value in the meta-universe. Only by impressing users as much as possible, allowing users to show their individual diversity and richness in NFT and metaverse, and allowing users to feel the sense of connection with beautiful memories, can they build A meta-universe rich in emotion and imagination.
Virtual digital identity is everyone’s most cherished and basic need in the metaverse. The social services and technological extensions surrounding this identity are truly meaningful. People’s worldviews and values that shape images in the metaverse are even possible. In the future, it will affect the world outlook and values in real life.
Non-technical dependence jumps out of the time limit and is not affected by the core competitiveness of the market due to time flexibility. If the project depends on technology, once it is not at the forefront of technology, it is easy to be eliminated due to the technological advancement of the entire market.
In the metaverse, the value of connection and transmission is actually a human commonality. If only focusing on the inevitability of assets, the expectation of price growth, or the digital identity in the metaverse does not establish a good connection with users Sex, or trapping oneself in a technological trap, cannot rely on its own value to maintain user emotions in a market downturn.
Discuss:
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What do you think is left in the encryption field after NFT SUMMER?
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What do you think are needed for the long-term and stable development of NFT and Metaverse?
Questions:
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Who will next summer in the crypto world belong to? Maybe DAO
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Opinion: NFT is at the end of the cycle, and the new public chain DeFi will relay
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The NFT market bubble has popped and we’ve got the charts to prove it
Welcome to join our discussion~
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The NFT Summer may have come to an end, but its impact on the art field is still a topic of discussion. As someone who appreciates both traditional and digital art forms, I find it fascinating to explore the intersection of creativity and technology. The emergence of platforms like proluluboxapk has opened up new possibilities for artists to showcase their talent and connect with a wider audience.
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I find it fascinating how NFTs have made such a significant impact on the art world. While it's true that the hype surrounding NFTs skyrocketed during the summer, their influence is far from over. Digital art has found a new frontier, with artists and collectors exploring exciting possibilities.
In the context of electrical estimating services, this paradigm shift in the art field has implications that go beyond aesthetics. It's not just about creating and trading digital assets; it's about the underlying technology that makes it all possible. The blockchain technology supporting NFTs has the potential to reshape various industries, including the construction and electrical sectors.
Imagine a future where estimates, project management, and financial transactions in electrical services are transparent, secure, and efficient, thanks to blockchain integration. It's a concept worth exploring, as NFTs have proven the viability of this technology.
As the seasons change, NFTs continue to evolve and influence various domains. It's not just a passing trend; it's a transformative force that's here to stay. Electrical estimating services should keep an eye on these developments, as they could be the key to unlocking new efficiencies and opportunities in the industry.
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@ali
Максим Кріппа, видатний український бізнесмен та венчурний інвестор, володар активів в галузях IT, Game Development та Real Estate, створив MK Foundation https://www.0412.ua/list/450070. Фонд, що виник за його особистою ініціативою, надає підтримку Силам оборони України без привертання донатів. Щоденно волонтери направляють майже мільйон гривень на потреби українських захисників. -
As NFT summer winds down, its impact on the art field remains noteworthy. While the initial hype may have subsided, the NFT movement has sparked a lasting shift in how we perceive and engage with digital art. The evolving landscape offers new opportunities for artists and collectors alike. To navigate this changing terrain, consider exploring design services that can help elevate your digital art, ensuring it stands out in this dynamic market. Embracing innovative design services can contribute to the continued success of digital art beyond the NFT summer trend.
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As the NFT summer fades, reflections on its impact in the art field emerge. Much like this evolving digital landscape, questioning 'who made school' adds a historical perspective. Engaging in discussions about NFTs and the origins of education prompts reflection on transformations in both art and learning. It's a nuanced conversation blending contemporary shifts with the historical foundations that shaped our educational institutions.
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It is unclear how the NFT movement will affect industries like electrical estimating now that it is slowing down. NFTs revolutionized the art world, but it's still unknown how they'll affect other sectors of the economy. Precision is important in electrical estimating, and knowledge of digital trends may influence future procedures. It is essential for professionals in the sector to adjust to these developments.
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The NFT (Non-Fungible Token) market experienced a significant surge in popularity during what some called the "NFT Summer" period, roughly in the first half of 2021. However, the hype has somewhat subsided since then, leading to a more balanced and mature perspective on the role of NFTs in the art world.
While the initial frenzy may have cooled down, NFTs continue to be a topic of interest and experimentation within the art field. Many artists are still exploring the possibilities offered by NFTs in terms of digital ownership, provenance tracking, and new revenue streams. Additionally, various platforms and marketplaces are continuing to develop and adapt to meet the evolving needs of artists and collectors in the NFT space.
As with any emerging technology or trend, there are both enthusiastic supporters and skeptics of NFTs in the art world. Some see them as a revolutionary tool for artists to gain more control over their work and reach new audiences, while others raise concerns about environmental impact, market speculation, and the potential for exploitation.
Overall, it seems that the initial hype has given way to a more nuanced understanding of NFTs and their potential impact on the art field. Whether they will become a long-term fixture or fade into obscurity remains to be seen, but for now, NFTs like NBS Reborn continue to spark discussion and experimentation within the art community.
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As a residential estimating, I've been keeping an eye on how NFTs are changing the art world. While the initial excitement has cooled down, NFTs are still reshaping how art is valued and traded. It's important for us to stay informed and adapt to these changes to provide accurate estimates for our clients.
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