Digital collection is the application of blockchain technology to identify the ownership of digital works, artworks and commodities. Digital collectibles can mark their owners in the blockchain network and track their subsequent circulation, including but not limited to digital pictures, music, videos, electronic tickets, digital souvenirs, etc. To put it simply, the development of the digital collection APP system is to use blockchain technology to trace the circulation and confirm the rights and interests of digital works or commodities.
In terms of technical characteristics, digital collections are no different from the currently popular NFTs. Mainly uses the ERC-721 specification. The development of digital collections has the characteristics of uniqueness, indivisibility, immutability, credibility and scarcity. In short, every digital collectible is as universal and indivisible as any object you would own in an ideal world. Like the Year of the Tiger coins issued by the central bank, each digital collectible, like each commemorative coin, has a unique number, cannot be counterfeited, and is limited in quantity (scarcity).
What are the characteristics of China's digital collections? Unlike foreign NFTS, which are mostly built on public chains, under China's legal rules, digital collection requirements are generated and distributed based on alliance blockchain technology, and their hype attributes should be strictly controlled. Therefore, in order to identify NFTS, adhere to compliance standards and promote the application of blockchain technology in digital copyright, cultural creativity and other fields. Digital collections are separated from the financial attributes and circulation value of non-NFT digital assets and become the commercial application of non-FT technology in digital copyright. Digital collections bring many core functions to the creative ecosystem, creating a new type of cultural consumption that is identifiable and traceable.
Why are digital collections so popular? Compared with physical objects, experts say digital collections should