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How can China build an NFT trading platform in the field of pictures?

via:驱动之家     time:2021/9/11 0:52:40     readed:365

Recently, A-share speculation yuan universe concept. Since visual China (000681. SZ) announced the launch of NFT digital art trading on August 27, its share price rose from the lowest 11.18 yuan to the highest 17.34 yuan on September 8, an increase of more than 55%.

Among them, after the daily limit on September 1, the daily limit was raised continuously on September 6, September 7 and September 8, and a crazy performance of four boards for six days was staged.

Visual China's entry into NFT has caused a carnival of investors. But how is it laid out?

500px community will empower creators to create NFT art works in various links such as technology and operation, assist them to synchronously package image and video works into NFT assets on the chain, and provide one-stop services for creators to store, promote and sell their works.

To put it bluntly, Vision China wants to be an NFT trading platform in the field of pictures and videos.

Want to be an NFT trading platform in the field of pictures and videos

On August 27, Vision China released its 2021 semi annual report. The semi annual report shows that the company achieved an operating revenue of 340 million in the first half of 2021, a year-on-year increase of 24.94%; The net profit attributable to the parent company was 96.5634 million yuan, a year-on-year increase of 33.46%.

However, what attracts most attention is that the semi annual report describes the exploration and actions of visual China in the field of NFT, that is, the transformation of the block chain of 500px community and the realization of commercial realization services such as NFT digital art transactions.

The semi annual report mentioned that vision China is preparing to launch the blockchain transformation of 500px community, enhance middleware such as blockchain confirmation and asset release, upgrade the community by using NFT technology according to the attributes and characteristics of visual digital art assets, continuously empower creators, expand global markets and fields, enhance asset liquidity and enhance community vitality, Build a world leading visual digital art creative community based on blockchain.

The semi annual report points out that NFT technology based on blockchain has the characteristics of indivisibility, uniqueness and uniqueness. It often takes a piece of encrypted code as the proof of the ownership of digital art assets.

NFT works of art will form a flexible and effective cooperative relationship with the creator in the form of smart contract. After creating and even selling NFT works, the creator can still confirm and trace the ownership through blockchain encryption technology, which will greatly stimulate the creator's creative power.

The specific approach is that vision China 500px community will empower creators to create NFT art works in various links such as technology and operation, assist them to synchronously package image and video works into NFT assets on the chain, and provide one-stop services for creators to store, promote and sell their works.

According to Wu Tong, a blockchain and digital economist, the advantages of visual China in doing NFT are obvious.

He told the blockchain daily that the development of NFT is an important breakthrough in the global blockchain and even the field of digital economy this year. Visual China has a lot of data and is in urgent need of power confirmation, pricing and circulation. At the same time, it has a considerable number of active users. It can be said that it can join the NFT track.

Visual China's semi annual report mentioned that the company has more than 600 million pictures, videos and other content data, 3 million structured label libraries and vertical knowledge maps such as people, events, finance, education and tourism; 22 million content contributors and users continue to generate billions of times of dynamic behavior data such as search, upload, download, collection and sharing.

The reporter of blockchain daily further inquired about the online time, trading mechanism and mode of NFT digital trading platform from relevant people in visual China. However, the person said that NFT related information has a great impact on the stock market, and the company needs to comply with regulatory regulations and make unified announcements as appropriate.

What is the application prospect of picture NFT in China?

More and more players make the NFT market ferment rapidly. However, Yu Jianing, the rotating chairman of the blockchain special committee of China Communications Industry Association and President of Huoda education, pointed out to the blockchain daily that the development of NFT is still in the early exploration stage, with a series of problems such as immature technology, nonstandard market, unclear value and unclear supervision.

These problems are also the problems that visual China will face. Wu Tong stressed that when some pictures on the visual China platform that are difficult to define property rights generate commercial value through NFT, disputes are easy to occur. In addition, the financial attribute of NFT digital art trading platform is strong, and its business qualification requires a specific license, which also improves the compliance difficulty and compliance cost of visual China.

Recently, avatar NFT is very popular. Cryptopunk, bored ape Yacht Club, etc. are one of the NFT series with high popularity in the near future. Not long ago, NBA star player curry bought the head of bored ape for $180000.

Will this upsurge continue in China?

Aside from avatar NFT, like the digital art trading platform built by visual China based on its own resources, does it have strong development potential in China?

6天4板的视觉中国 如何打造图片领域的NFT交易平台?

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Visual ChinaNon homogeneous token

Original link:Financial Association

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