Look at the world built on NFT

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“You will have nothing, you will be happy”-this emotion is the core of the declaration release More than 30 years ago, 2016 was led by the leaders of the World Economic Forum. This sounds like a dystopia, like an excerpt from the books of Aldous Huxley or George Orwell. This may be one of the most insidious ideas I have ever heard.

Somehow, I remembered this idea when I sold my racing drone today in 2050. I think I am reminded of the advantages of true private ownership. This is a beautiful two-seater car that can accelerate from 0 km/h to 100 km/h in two seconds-which is not bad for an electric car, especially considering it was made ten years ago.

It took about an hour to find a buyer in an astonishing niche market, which was built on Efinity, a blockchain network created by our company in the early days Irreplaceable tokens (NFT). Even after so many years, the network is still full of vitality, because its future-oriented design has achieved countless upgrades. The transaction is done very simply through smart contracts. I checked my cryptocurrency balance to confirm the payment, and watched my drone sail to a new owner half a world away. Although the range of a charge on those old-fashioned models is not very large, there are enough charging stations along the way.

Through our transaction, the buyer now has a powerful irreplaceable token, which gives her legal, tangible and unalterable ownership of the drone. If there is no NFT in her wallet, otherwise the racing drone will be a piece of useless scrap metal. There are no middlemen and no unnecessary paperwork. It’s just a simple and effective transaction between two drone racing enthusiasts living on different continents.

Today, NFT is everywhere.

From small everyday devices such as my coffee machine and orbital nanosat to smart apartments, at least a dozen types of near-Earth space rocks are traded as fragmented NFTs, driving the development of asteroid mining. This is just a tokenized real asset-don’t even let me start researching things that only exist in the digital realm.

Combining virtual and reality, Metaverse is an amazing and peculiar labyrinth of creativity and economic activity. It has not only helped hundreds of millions of people escape poverty, but also played a key role in funding some of the greatest engineering projects of mankind.

related: Science fiction or blockchain reality?Can build “Ready Player One” oasis

Today’s drone sales make me stop and think about how different the concept of ownership is today. Whether as an individual or as a civilization, the emergence of unrestricted true ownership of physical and digital assets opens up amazing possibilities for us. Therefore, when there are suitable opportunities and resources, we do what humans do best: we prosper.

Interestingly, blockchain and NFT have even become the key to transactions between planets, because Mars is now home to tens of thousands of adventurous colonists, hosting everyone from structural engineers to swarm roboticists. Mars has its own decentralized network ecosystem, separated from the earth-based blockchain by the annoying speed of light delay. Although these two network clusters are highly asynchronous, their communication protocols allow Martians and Earthlings to easily trade with each other.

related: Convergence between Tesla, SpaceX, renewable energy and Bitcoin mining

I bought an NFT and gave me partial but important ownership of the Mars water production facility. I have multiple friends instructing their AI assistants to automatically invest in well-performing companies on the Red Planet. A few weeks ago, a game made by Mars developers was all the rage on Earth and is becoming the next lost relic.

For most children these days, these concepts are not great at all—for them, they are normal and ordinary.

I like to think about how the blockchain will develop in the next century. The complex interactions between planets and space habitats are separated by huge gaps, but the blockchain data is sent back through complex radio waves for economic, social, Cultural and even politically interconnected. forward.

Think about it all started more than thirty years ago… Since the early days, we have come a long way. Now, I think it’s time to buy NFT. For several weeks, I have been focusing on a specific custom racing model, and its holographic interface looks terrible.

This article does not contain investment advice or recommendations. Every investment and trading action involves risks, and readers should research on their own when making a decision.

The views, thoughts, and opinions expressed here are only those of the author, and do not necessarily reflect or represent the views and opinions of Cointelegraph.

Maxim Blagov He is the co-founder and CEO of Enjin, an ecosystem of blockchain software products that helps develop, trade, monetize, and market NFTs. He has more than 20 years of experience in creative direction, project management and UX/UI design, as well as expertise in the conceptual and strategic development of large-scale interactive and blockchain applications.