DeFi and NFT: the infrastructure of the Metaverse economic system

Introduction: The future meta-universe is a globally unified trust economic system based on algorithmic trust. The decentralized financial industry formed by a large number of decentralized organizations is dominated by a large number of decentralized organizations that can influence and determine the number one global reality. , Secondary and tertiary industries.

Social science is also a science, and it can even be said to belong to “natural science”. Many major issues in the social sciences involve causality. This year’s award-winning results show that the research methods of natural experiments can be used to answer related questions.

Nihilism is the perception of many people, just like a stone falls to the ground, they will think that it does not exist in the process of falling. They only think that the stone exists.

This summer, non-homogeneous tokens, or NFTs, suddenly emerged. An NFT head can sell for tens of millions of dollars, and various NFT projects continue to emerge. Last summer, decentralized finance, that is, DeFi, has suddenly risen. Various DeFi projects have emerged. More cleverly, the meta universe also exploded in “concept” in the second half of this year.

If someone mentioned Metaverse in the first half of the year, no one would have paid special attention to it. All this shows that in terms of technology and system, it is progressing step by step. Of course, it can be assumed that human evolution is advancing according to a certain trajectory, but I prefer to understand all this from the perspective of biological evolution. That is to say, the development of human society is not an inevitable development step, but continuous technological and application breakthroughs at all levels, and then at a certain critical stage, all breakthrough technologies and applications will be “integrated as a whole.” , And then enter a new stage.

The large-scale deployment of NFT and DeFi technologies and applications has laid the foundation for the meta-universe. Here, DeFi stands for decentralized finance. The meta-universe economic system is dominated by the decentralized financial industry, which can influence and determine the primary, secondary, and tertiary industries in the global reality. NFT is the meta-universe identity system, which maps the real society and forms a meta-universe social network.

The large-scale deployment of NFT and DeFi technologies and applications has laid the foundation for the meta-universe. In the future meta-universe, in addition to virtual reality experience, the first thing that should be formed is the meta-universe economic system. The future meta-universe is a globally unified trust economic system based on algorithmic trust. The decentralized financial industry formed by a large number of decentralized organizations is dominated by a large number of decentralized organizations that can influence and determine the first and the first of global reality. 2. The tertiary industry.

The meta-universe of the future world is not the non-existence of the illusory world, and the meta-universe economy will be experienced before the meta-universe. The virtual reality games we are seeing are only the third industry of entertainment, in fact, they may penetrate into the second industry of manufacturing and the first industry of agriculture in the future.

The meta-universe is now in a chaotic period, and the three core infrastructures of the meta-universe: identity, mapping, and experience, have not really developed. Now, as long as we touch in these three directions, huge capital attraction will be generated. The information industry is transitioning to a trust industry, and the upgrading and evolution of all these industries are driven by the technological revolution.

The Tang and Song Dynasties were the peak of poetry and calligraphy in Chinese history, and it should also be the peak of humanity in the world. I think it might imply that Tang and Song Dynasties were also the most prosperous period of rule by man in history. Regardless of the rule of man, the rule of law or the future algorithmic governance, it is also the evolution of human society. Each mode will have a curve such as budding, development, peak, and decline. The current algorithmic governance is still in its infancy for human society.

Displaying NFTs online and verifying ownership can now be part of the new reputation system. The NFT verification function announced by Twitter may be followed up by other social media, such as Facebook, Discord, Telegram, etc. This creates an Ethernet Square for the entire space-time background pattern, Web2 and Web3 is such integration, Web2 annexation has not been replaced, but has become part of Web3 these well-known social media becomes like a different planet now Countries, and Ethereum is the earth.

Other side chains or public chain NFTs will not be adopted by mainstream social media. Others can only exist as earth satellites. Because they are temporarily not adopted by mainstream social media, they may be equivalent to earth satellites in the future. It is estimated that BSC can become the moon. .

The news of Coinbase NFT once again stimulated the NFT craze. Not only did NFT not collapse, but the enthusiasm began to increase. The next climax may exceed 1 billion U.S. dollars in daily trading volume. Powerful players from all walks of life have challenged Opensea, coupled with the cyclical law of the bull market, it is also likely to stimulate Opensea to really issue coins this year.

It seems that many NFTs are related to people’s proof of work. For example, Coinbase is now engaged in pulling people’s heads, chatting, or other behaviors of judging people. It has the characteristics of previous behavioral mining. There are indications that the application of NFT will have a strong connection with social and interpersonal relationships. The proof of human workload is the main mode of the NFT consensus mechanism. The current invitation and chat cannot be algorithmicized. It is a very early rough practice, but I think there will be algorithmic human workload proofs soon. In fact, The essence here is decentralized identity.

Intellectual property pledges, good ideas pledges, and IP pledges may be solved through the NFT-DeFi model in the future. The key is that they can be quantified through tokens and the liquidity problem can be solved through DeFi.

I saw some people’s conclusion: There is a clear trend now, and gamefi is basically not a pool anymore. I think the purpose of a pool is to send money so that big capital will come in, and big capital will bring in more retail investors, which is used to attract traffic. Now GameFi itself comes with its own traffic, so there is no need to spend more to buy this kind of traffic. As long as it has the ability to attract traffic, other types of projects will not be listed in the pool.

From last year Bitcoin later halved, but also ushered DeFi hot, after the end of Bitcoin Bitcoin more than 20,000 USD, there are a lot of old projects have begun to rise, is one of the more ferocious dogs currency , and follow the dog ‘s SHIB is the biggest winner, and the Binance Smart Chain BSC ecosystem has also begun to explode. Looking at it now, over the past year or so, the real DeFi winners must be Zhao Changpeng and SBF. In other words, Binance should now “strive” the Ethereum mainnet + BSC’s imitation of Opensea, a completely independent project to follow up Coinbase NFT, and the NFT market as a whole will also be driven.

To put it more extreme, Binance should now “push” the Ethereum NFT market. Binance actually has a broader layout than Coinbase, and many of them have already achieved results. The Binance ecosystem has been formed. So he should go deeper into the sphere of influence of Ethereum applications (not just BSC).

Success is the mother of success. On the one hand, success is the cornerstone of the next success, regardless of accumulation of funds or accumulation of experience. On the other hand, it is the power of “gathering” itself, whether it is a gathering of popularity or a gathering of funds, the bigger it is, the more it will gather, and it will grow bigger and bigger. This is determined by the properties of entropy reduction things.

Therefore, we will see that the project founders who often start through a breakthrough will not only flash by meteors in the future, even if the project is a meteor, but people will come up with many explosive projects one after another, which are getting bigger and bigger. , Getting richer and richer. This is the case for most project founders who have ever shined. Even if some of them lost their voices, they either changed the door or engaged in other projects anonymously, because they had mastered the traffic password through a burst of money, and they had the password. Can create countless hot items.

The same is true for pop actors or singers. Good actors and singers can continuously launch popular film and television dramas and songs, and some can launch high-traffic projects even after disappearing for many years. In the final analysis, the secret of activating the flow password is mastered through the first explosion of money, whether it is information flow or capital flow.

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/defi-and-nft-the-infrastructure-of-the-metaverse-economic-system/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.

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