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Cub-Economist
NFT,
¨Ïblog.daum
Foundation
TotheFuture
ByShinJun-seo
EditorofSocialSection
n February 22, 2022, a user named ¡°Jesse¡± paid
¨Ïpixels
US$208,000 to buy ownership of the dunk scene of the
National Basketball Association (NBA) player LeBron
James. He bought a digital asset issued with Non-Fungible Token
(NFT) technology that can specify who owns online content such as
photosandvideos.Inanotherexample,TwitterfounderJackDorsey¡¯s
firsttweet,¡°Justsettingupmytwttr,¡±wasmadeintoanNFTandsold
for 3.5 billion won (US$2,524,360.05). As such, one of the hottest
topicsin2021wasNFTs.
However, in the middle of 2022, the topic of NFTs has been down-
¡ãAusernamed¡°Jesse¡±paidUS$208,000tobuyownershipofthe
trending. According to Google Trends, a trend analysis tool, the
dunksceneoftheNBAplayerLeBronJames.
frequency of NFT searches, which was 100 from January 16 to 22,
2022, fell to 18 from June 5 to 8. In addition, in April, Sina Estavi, the CEO of Malaysian blockchain company Bridge Oracle,
put Jack Dorsey¡¯s tweet NFT on auction on the NFT Marketplace Opensea, and the highest bid price was only 17 Ethereum
(US$52,462). It became about 50 times cheaper in just about a year. There is an ¡°NFT bubble controversy¡± over this, and
people¡¯s interest is rapidly cooling. But this is a natural phenomenon that finds the true meaning and status of NFTs by solving
misunderstandings,suchasoverestimatingthevalueofanNFTbyviewingthatNFTitselfasadigitalasset.Somepeopleclaim
thatthereisstillalotofpotentialthathasnotyetbeenrealized,suchasassettransactionsonthemetaverse.TheArguswantsto
explorehowthesubjectofNFTs,onceahottopic,hascooleddownandwhatitspotentialwillemergeinthefuture.
24
www.theargus.org
NFT,
¨Ïblog.daum
Foundation
TotheFuture
ByShinJun-seo
EditorofSocialSection
n February 22, 2022, a user named ¡°Jesse¡± paid
¨Ïpixels
US$208,000 to buy ownership of the dunk scene of the
National Basketball Association (NBA) player LeBron
James. He bought a digital asset issued with Non-Fungible Token
(NFT) technology that can specify who owns online content such as
photosandvideos.Inanotherexample,TwitterfounderJackDorsey¡¯s
firsttweet,¡°Justsettingupmytwttr,¡±wasmadeintoanNFTandsold
for 3.5 billion won (US$2,524,360.05). As such, one of the hottest
topicsin2021wasNFTs.
However, in the middle of 2022, the topic of NFTs has been down-
¡ãAusernamed¡°Jesse¡±paidUS$208,000tobuyownershipofthe
trending. According to Google Trends, a trend analysis tool, the
dunksceneoftheNBAplayerLeBronJames.
frequency of NFT searches, which was 100 from January 16 to 22,
2022, fell to 18 from June 5 to 8. In addition, in April, Sina Estavi, the CEO of Malaysian blockchain company Bridge Oracle,
put Jack Dorsey¡¯s tweet NFT on auction on the NFT Marketplace Opensea, and the highest bid price was only 17 Ethereum
(US$52,462). It became about 50 times cheaper in just about a year. There is an ¡°NFT bubble controversy¡± over this, and
people¡¯s interest is rapidly cooling. But this is a natural phenomenon that finds the true meaning and status of NFTs by solving
misunderstandings,suchasoverestimatingthevalueofanNFTbyviewingthatNFTitselfasadigitalasset.Somepeopleclaim
thatthereisstillalotofpotentialthathasnotyetbeenrealized,suchasassettransactionsonthemetaverse.TheArguswantsto
explorehowthesubjectofNFTs,onceahottopic,hascooleddownandwhatitspotentialwillemergeinthefuture.
24
www.theargus.org
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