Post by account_disabled on Dec 24, 2023 0:59:26 GMT -5
New technologies and digital immersion are leading to the birth of new social, cultural and economic concepts with enormous potential. In the field of online speculation, new stock markets have been consolidating based on the digital investment of virtual products that already move millions of dollars. These are NFTs or “tokens”. What are NFTs? NFT stands for “ Non fungible tokens ”. Basically, these are units of value without a physical correspondence that have been created to replace securities portfolios with all types of products that share something in common: they are unique or limited.
Indeed, NFTs share the logical principle (and legal limitations) of cryptocurrencies (the famous “bitcoin”), but they go one step further. An NFT can be a virtual trading card , such as that of the soccer Phone Number List player Mbappé that has been sold for 54,250 euros, or a video clip of an iconic LeBron James dunk, valued at 174,000 euros. Its value is only explained by the logic of the market ; That is, they cost so much only because enough people think so. In other words: speculation, collecting, supply and demand. Without further ado.
NFTs are already moving through areas such as art, music or sports ; and the great economic giants that circulate through the trends range already have their sights set on this new concept. In fact, the NBA launched its own Marketplace to sell the best plays in the league: “ Top Shot .” The prices paid for these videos (available anywhere else on the Internet completely free) exceed, in many cases, $100,000. In fact, according to El Economista , in the last week of February alone the NBA has pocketed more than 150 million dollars thanks to this invention.
Indeed, NFTs share the logical principle (and legal limitations) of cryptocurrencies (the famous “bitcoin”), but they go one step further. An NFT can be a virtual trading card , such as that of the soccer Phone Number List player Mbappé that has been sold for 54,250 euros, or a video clip of an iconic LeBron James dunk, valued at 174,000 euros. Its value is only explained by the logic of the market ; That is, they cost so much only because enough people think so. In other words: speculation, collecting, supply and demand. Without further ado.
NFTs are already moving through areas such as art, music or sports ; and the great economic giants that circulate through the trends range already have their sights set on this new concept. In fact, the NBA launched its own Marketplace to sell the best plays in the league: “ Top Shot .” The prices paid for these videos (available anywhere else on the Internet completely free) exceed, in many cases, $100,000. In fact, according to El Economista , in the last week of February alone the NBA has pocketed more than 150 million dollars thanks to this invention.