"The Money of the Rich Is Pouring In"... Would NFT Be the Ho…
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Have you ever heard of applying NFT technology to sneakers? Incorporating block chain technology into a product might sound strange, but it's actually not difficult. Let's take the example of a well-known brand, Nike. Nike's sneakers, which are released in limited editions, are traded at close to 100 million won through resale transactions. Due to the nature of limited edition products, where secondary sales are made other than those sold by the brand, it has become an important factor to distinguish genuine products from counterfeit products. In line with this market trend, Nike has actually registered a patent for making sneaker buyers and product information into NFTs. NFT is becoming a certificate that can distinguish 'curio'.
If you look at the pouring articles, you would have seen a lot of content that the work was sold for a few billion in nft auction. Recently, the news that the ownership of the video NFT of “Charlie bit my finger again”, which recorded 900 million views on YouTube, was sold at an auction for 860 million won became a hot topic.
The development of technology and industry is linked to money. In the realm of ‘investment and creation’, many people wonder if NFT will become a new area to make money for the MZ generation. I took a closer look at what NFT is, how much it has grown, and how big the market will be in the future.
