What is the Metaverse?

What is the Metaverse?

The metaverse is a new concept that has only emerged in the past two years. Simply put, it is a virtual world linked and created by using technological means to map and interact with the real world. Its formation is essentially the process by which we virtualize and digitize the real world. In gradual development, it gradually forms a digital living space with a new social system. Each user can produce and build their world in it. This world includes an economic system built with blockchain technology, a survival system built with virtual reality technologies such as mirror generation, and models such as "communication-feedback" built social system.

Historical experience has proved that as long as an industry suddenly revives, one group of people will consider it an ideal, and they will become explorers. In contrast, another group will see it as an opportunity to get rich. Today's digital collections are also facing such a situation. In less than a year, they have quickly swept the country. According to the research of Bigverse's data department

It is a development window for the future Internet in the world. From this point of view, domestic digital storage is trying to weaken the financial attributes and strive to build a delicate industry ecology.

What is a digital collection?

Intuitively, it may be a digitized photo, video, or even a string of numbers. But it is a collectable that can be bought and sold. It contains a large amount of digital information and has unique encrypted information corresponding to a specific work and artwork.

What are the attributes associated with the appreciation of digital collections?

From the long-term law of the industry, there are mainly the following three elements.

1. It depends on the turnover rate. The reason is also very simple. Just like you find a treasure in the second-hand market, if many people come to watch, the treasure must be attractive enough. The same is true for digital collections. In addition, since transactions are built on a decentralized network, records are transparent and traceable. For buyers, it is natural to take advantage of this advantage to spy on the liquidity.

Take Biggverse as an example; open the bottom of any collection, and we can see the transaction status of this digital collection, such as the amount and time. For us, it is more important to look at the frequency of transactions, that is, how much is traded in a day. The high transaction frequency, to a certain extent, indicates that the market is hot. It can be said that the frequency of transactions can be regarded as one of the important dimensions of the appreciation of collections.

2. It depends on the stickiness of the community. The difference between digital collections and other investment products is that they pay more attention to the stickiness of the crowd. If you buy stocks, many situations depend on the company's market conditions, and it is difficult for many retail investors to control this rhythm. The difference between digital collections is that you can see the project progress and the project party's operations in real-time. If a data collection project operates well, the community will have no shortage of people to chat with, which to a certain extent is reflected in the stickiness of the community and the popularity of digital collections.

3. It depends on the operational capability of the project party. If domestic digital collections are only expressed in the form of a single work, it obviously cannot continue to appreciate, or the space is very limited. Only when a digital collection can be constructed into a small economy will his future space be relatively strong. A small economy means that in addition to digital collections as a carrier for buying and buying, another audience carrier must be established, which leaves enough room for imagination. Imagination space is also a form of appreciation space for digital collections.

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