The NFTs

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Hello friends, I hope you are all well and producing wealth for the elites on a regular basis.

Today I come to talk to you about NFTs, maybe some of you have already heard the term, others maybe even already have some practical knowledge about it since they are in some related project, originally this post was going to be a kind of Cryptocurrencies 1.0.1, but then I had an epiphany and the inspiration came to me. If you are on this platform you already more or less understand what cryptocurrencies are, and there are 3847387452345265 post explaining the matter, so I decided to make it
NFT 1.0.1

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The term NFT means Non-Fungible Token or translated Vale Non-fungible, For those who know something about cryptocurrencies know that a token is a digital asset with a monetary value, now a NFT is the same, but you can not use it directly to buy and sell, because to start all have a different value, and do not work as a current currency on the internet as its value is somewhat subjective. And why you may wonder.

Well it is because of the very nature of the NFT system, which was originally designed to give a real monetary value to all that effort that digital artists put into their creations, such as those who create images, music, Indie video game developers and more... because with the increasing expansion of the digital world, every day more information is consumed through the network, and more and more people are creating content, but this would not be possible if people could not make a profit with that. There is a demand for quality digital content, so why not charge even a little bit of cryptocurrency for it.
Well that was the at the beginning, with the boom of technology everything reached scales that in our daily life sometimes we do not perceive, and especially in the last 2 years with the pandemic issue, many industries such as music moved all their efforts to the digital world, accumulating an estimated value of 25 million dollars in NFTs in 2021.

Now I will show you a small example of what can be considered a NFT, a video of the last Ollie 540 of Tony Hawk, the biggest icon in the world of skateboarding, for those of us who grew up close to that sub culture, and played the video games inspired by his exploits to see him at 52 years old, after fighting cancer and injuries, perform one last trick and then cry, is really shocking.

This video was auctioned on the Ethernity Chain platform. So... an NFT can be an image, a music, a video, almost anything in the digital world, because it is based on one of the modern economic laws, THE VALUE OF THINGS IS WHAT PEOPLE GIVE IT, if someone considers your digital work valuable, maybe you can sell it on some platform. In fact a video by artist Mike Winkelmann sold for $69.3 million this year 2021.

Now as for practical considerations, as I said above, many indie video game developers have monetized their work by making in-game objects valuable, which has resulted in a boom of such games, and I know there are many of you who may be in similar projects, I can only say that, based on how the NFT system works, and if there is not an apocalyptic event in the economy in the next few years, maybe this system is the future of video games, because now there is an incentive to spend days and weeks scavenging for a sword...

One of the premises of a NFT is its number in verifiable existence, which makes that for example, in a video game you can give value to an object because you know that there are 3 in all servers ... which will make the engagement numbers in well designed games around that system go through the roof. As it happened with AXIE infinite.

That's all for now folks, later, I'll go more in depth on the subject. I hope you are well, and remember, Public primary and secondary education exists so that parents can continue to work and consume to pay taxes.

P.S. I wish a system like the NFT would have existed 20 to 15 years ago, when the rise of the internet was fueled by the work of unsung heroes who gave us a lot of information for free, like Sverker Johanssen who has written 3 million articles on Wikipedia. And many others who invested their time in giving us entertainment for free, my greetings and my respects to all of them, anonymous heroes of the internet.

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