NFT+ Meta-Universe, Welcome to the Age of Earn While You Play.
--Preface
The year 2021 is known as the year of NFT and the meta-universe.
The concept of NFT for everything is rapidly sweeping and spreading like a fire. With payment giant VISA, Tencent, Alibaba, Vision China Group (VSG), TikTok's parent company Byte Jump, and other domestic and international giants coming onto the scene, the NFT and meta-universe craze is hitting the ground running around the world.
I. What is NFT?
The full name of NFT is Non-fungible-token, which means non-homogenized Token, corresponding to FT (homogenized Token). A non-fungible token is a uniquely identified, non-interchangeable token that is not detachable.
NFTs are similar to concert tickets in that each one is unique. Unlike bitcoin or ethereum, which can be split into 0.1 or 0.01 pieces, NFTs are indivisible.
Because of its unique identity, text, images and videos loaded with NFTs are equivalent to having a unique identity in the digital world.
II. NFT GameFi, opening up a new boom
In 2020, the market for NFT will be just US$338 million. Coingecko data shows that the market size of NFT is now over US$20 billion (approximately RMB 130 billion).
Statistics from data tracking company DappRadar show that trading of top NFT collectibles such as Axie Infinity, CryptoPunks and ArtBlocks has increased by over 300% in the past month.
Andrew kang, founding partner of blockchain investment firm Mechanism capital, wrote an article comparing NFT avatars to luxury goods, art and high-end real estate, and said that the size of the NFT market would exceed US$40 billion.
On March 10 this year, Roblox, the "first stock in the meta-universe", was listed on the New York Stock Exchange and its share price soared 54.4% on the first day, with its market capitalisation exceeding US$40 billion on the first day of listing.
According to market research firm Newzoo, the global gaming market reached US$137 billion in 2018 and is expected to grow to US$180 billion by 2021.
NotBoring Club founder Packy McCormick tweeted that Axie Infinity's August revenues exceeded $200 million, totaling $1.358 billion in transactions, and that a handful of venture capital firms, including Arca, Three Arrows and others, had raised a total of $860.00 for Axie Infinity in 2020, 00 in seed rounds to date following a huge 1,160x return.
The future is here in 2021 as both the primary and secondary markets scramble for tickets to the meta-universe.
III. Lord of the Rings NFT Chain Tour Blind Box
In 1930, a professor at Oxford University was marking papers when he happened to find a blank sheet of paper in his answer book. The drowsy linguist had a flash of insight and wrote on the paper, "In a hole in the ground there lived a hobbit."
For the English-speaking world, this line is engraved in almost everyone's DNA.
The Hobbit and The Lord of the Rings series of novels have since sold over 100 million copies worldwide, and Peter Jackson's film adaptations have earned nearly $6 billion in total box office and won three consecutive world awards, including the Academy Awards, the Golden Globes and the BAFTAs.
In September 2021, the epic IP, officially licensed and world premiere, Lord of the Rings Genesis NFT will soon be relaunched on the ELVES platform.
The Lord of the Rings NFT is designed with 9 major race cards, which are divided into 4 grades of R, S, SR and SSR according to the rarity of the cards, the higher the grade, the higher the rarity and the smaller the circulation.
The NFT cards in the blind box are visually stunning, created by a number of artists, and are highly collectible cards, a work of art and an investment.
The NFT cards opened in the upcoming "Lord of the Rings NFT Chain Game Blind Box" will be available for in-game match mining when the Lord of the Rings GameFi goes live, as well as for mining, dividends and governance, such as pioneering trade mining, invitation mining, trade destruction, DEFI pooling and more.
A supreme holy object, with all its magic.
Let the legend never end, let the epic never die.
IV. New Ecology for the Future Planet
ELVES is an NFT metaverse IP ecological platform based on blockchain technology, jointly developed by the Chinese and American teams, to build a metaverse ecology for global participants by introducing top global IPs and eSports games.
On the ELVES decentralised platform, all digital collectibles are limited edition and can be purchased, traded, upgraded and customised, utilising a decentralised NFT aggregation protocol with a unique NFT value retention mechanism.
ELVES combines blind box collecting, blockchain gaming, 3D, AR, artwork as well as NFT and DeFi domains. Users can enter a recyclable economic system by buying blind boxes, burning passes and collecting NFT, and create a meta-universe ecological closure with the core goal of maximizing the value of global IP through the continuous tightening of social traffic passes.
ELVES has built a complete application ecology around DEFI + NFT . In the future, ELVES will be further expanded according to the market demand in order to better address the one-stop needs of users.
ELVES, the global NFT metaverse IP ecological platform, makes IP more valuable.
Conclusion
"I have witnessed scenes absolutely unbelievable to mankind: battleships on fire along the end of the constellation Orion, C-rays cutting through the 'Don Huyser's Gate' in a dark universe, but all these moments will eventually fade away in time, as tears are annihilated in the rain."
Even if life is short and one cannot see more than one lifetime, the beauty of man is that he has never been without a romantic spirit of adventure, and from the time the first ape set foot on land, the road of human evolution has never stopped.
From Magellan to Gagarin, man has never been afraid to explore uncharted territories and spaces. Now, as we face the challenges of a new era, let's sing "Goodbye everybody, I've got to go".
Then we will meet again in another world.