As the first team in China to develop digital collections, we have seen the popularity of NFTs abroad. The domestic digital collections that this wind has gradually blown have triggered an upsurge in digital collections. Our topic today is to explore whether digital collections have development value, and whether digital collection projects can benefit from it. In fact, the profit model of digital collections is similar to the development of NFT platforms. In short, digital collections can be profitable in three ways. First, digital collection projects issue NFT or digital collections themselves; A certain fee; 3. The handling fee for reselling digital collections. To grasp the three points of digital collections depends on the project party's own operation and drainage transformation capabilities. As a digital collection technology development team with more than 50 people, we have developed and deployed a lot of digital collections and NFTs at home and abroad. There are digital collection cases for reference. The strength is beyond doubt, and the price is lower than the market average. , thanks to the fact that our technical development team for digital collections is located in the second-tier city of Xi'an, which saves a lot of costs.
1. What is a digital collection?
First of all, let's understand what digital collections are. As a developer of digital collections, the concept found on the Internet is that digital collections based on blockchain are digital collections and artwork-related commodities that use the latest blockchain technology to confirm the ownership of rights and interests through unique signs. The chain digital collection network marks its owner, and traces the subsequent circulation of digital collections, including digital collections but not limited to digital pictures, music, videos, electronic tickets, digital souvenirs and other forms. Let me talk about my own understanding of digital collections. In fact, digital collections are the same thing as foreign NFTs in the final analysis, just with a different name. A digital collection is a picture, music, video, etc., the only thing that can prove your copyright, and you can collect or resell the digital collection. The underlying logic of digital collections is still blockchain technology. What exactly is blockchain technology for digital collections? My understanding is that it can solve the problem of trust. It cannot be tampered with on the chain, everyone can see it, and it is unique.
2. Development of domestic digital collections
Although there is no accurate statement about digital collections at home and abroad, digital collections have facts as a basis to show that the application of NFT and digital collections will only become more and more widespread. After all, they are still new and valuable, and the popularity of digital collectibles in the market has been greatly underestimated from the beginning. This new digital collection is strongly promoting value growth and expanding the entire digital collection virtual commodity ecosystem. It is estimated that in another three years, the ecological value of digital collections will reach 400 billion U.S. dollars. With the increase of augmented reality, virtual reality, spatial computing and virtual economy driven by digital collections, digital collections will inevitably become one of the main ways we carry out commercial activities in the virtual world.
From the perspective of the layout direction and technical direction of digital collections, most of these digital collection companies use the self-developed alliance chain as the bottom layer to complete the unique logo of digital collections and realize the ecological transfer of digital collections for horse racing enclosures. As shown in the table below, Ant Digital Collection took the lead in launching the Dunhuang series of payment code skins in the Ant Mini Program in June last year, and then renamed the Mini Program Whale Discovery Digital Collection, and AntChain provided underlying services for it. Tencent, http://JD.COM , FunChain, and Baidu have also launched chains (adapted to the bottom of Changan Chain), http://JD.COM Zhineng Chain, FunChain Blockchain, Baidu Super Chain and other digital collection trading platforms .
3. Points to consider before making digital collections
Price Hype Risk
Since the entire domestic market is not very familiar with the definition, characteristics, and rights of digital collections, and is not sure about the value of digital collections and cultural creations with digital works/artworks as content, it is easy to cause a blowout in the price of digital collections As a result, there is room for hype and speculation in digital collections, which makes many people with lofty ideals see business opportunities.
Financial Security Risk
There are financial security risks in digital collections, including disguised ICOs, money laundering, and cross-border asset transfers.
Internet Fraud Risk
Since digital collections in China are not yet widely known, many consumers and investors in the market are not familiar with the concept of digital collections, so they are easily used by black and gray products and become tools with inflated prices.
4. The issuance process of digital collections
