【JTeam Champion NFT】What does NFT mean? What is NFT concept stock? What are the NFT concept stocks?

[AmyLily]

What is NFT?

The full name of NFT is Non-Fungible Tokens. Simply put, an NFT is an entry in a blockchain, which is a decentralized digital ledger technology similar to cryptocurrencies such as Bitcoin.

Because of the irreplaceable nature of NFTs, it means that they can be used to represent something unique, such as the original Mona Lisa painting in a museum, or the ownership of a piece of land.

$500,000 "Nyan Cat"

Although mainstream crypto assets such as Bitcoin (BTC) and Ethereum (ETH) are also recorded in the blockchain, the difference between NFT and the previous two is that any NFT token is irreplaceable and indivisible.

When you buy an NFT token, it means you get its indelible record of ownership and the right to use the actual asset. For example, if you buy a piece of art, it can be displayed and copied, but only you are its actual owner.

NFT is a "unique" asset in the digital world. It can be bought and sold and used to represent some commodities in the real world, but the way it exists is intangible.

Currently, most of them are digital artworks or collectible cards. Some are virtual goods, while others are packaged in common formats like JPEG and PDF. Only a few NFT tokens are a digital record of physical ownership.

China’s NFT concept stocks mainly include three categories currently:

Trading platform: HOLLY COOPERATION, BORAY, EleFirst Science &Tech Co., Ltd., Huamei Holding CO., LTD., Tangel Publishing Co., Ltd., etc.

Intellectual property protection: VISUAL CHINA GROUP, ANNE CORPORATION LIMITED, Xinhuanet, people.cn, HANBANGGAOKE, Electronic Certification Authority Co., Ltd., Jetsen Technology Co., Ltd., ST Shunli, etc.;

Trading system: DFE Co., Ltd., Hengbao CO., LTD., Forms Syntron, Changshan Beiming, etc.



Wanna invest in top NFTs? Learn more about the JTeam NFT project:

JTeam is an e-sports team founded by Jay Chou in Taipei. It owns professional teams such as the “League of Legends” division, “League of Legends Mobile Games” division, “Game For Peace” division, and “Naraka: Bladepoint” division. It has made remarkable achievements in e-sports. For the first sale of 1000 NFTs and the gift of Fans Medal, please refer to: jfans.space​

 

[Jasz]

NFT means Non-fungible Token. This implies it's different and irreplaceable with any other. For instance Bitcoin is actually fungible. When you trade Bitcoin for another Bitcoin, you will have the same thing.
•A black Lexus 330 can be exchanged with a white Lexus 330 model, because they are fungible. However, the prototype of Mona Lisa and Leonerdo Da Vinci painting of the last supper are non-fungible so cannot be exchanged. They are the original copy of themselves. Just like you cannot exchange a person for another. We have different identities (DNAs).
•NFTs are registered tokens on the block chain and cannot be exchanged with each other.
•A good number of the NFTs are of the Ethereum Blockchain.
•They are Artworks, but Artworks are not NFTs. You cannot copy and paste or save it in your gallery like other artworks. NFT is not a media file in your gallery, but a token in your wallet.
•Cryptographic Technology prevents NFTs duplications.
•The Blockchain ( Ethereum ) prevents bitcoin bubble spending and increased demand. It will continue to increase in value as demand increases, so NFTs.
•They are Digital Assets.
•You cannot sell it less than you bought it. It might take time, but you will surely sell it for a higher price than the price you bought it.
•Some platforms give you some percentage when they sell the NFT purchased from you.