NFT is popular, can it replicate the takeoff path of DeFi?

NFT is popular, can it replicate the takeoff path of DeFi?

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NFT爆红,能否复制DeFi的起飞路径?

In the past week, the dramatic rise of MEME has made people feel the “long-lost” restlessness (in fact, only two or three weeks)——

It’s like two or three months ago, when DeFi just took off.

Therefore, there has been a sudden increase in the discussion about NFT recently, and the newly launched NFT+DeFi projects have also increased, and there is a hidden tendency to form a new trend.

But next, will NFT officially take off or will it be a short-lived one?

NFT’s popularity is a black humor

This time the NFT became popular, it was officially detonated by the pineapple MEME, just like Compound officially detonated DeFi.

However, Compound uses “liquidity mining” to provide investors with the service of holding currency and earning interest, so it revitalizes the huge amount of encrypted assets that were quietly lying in the wallet.

It can be said that DeFi’s popularity is due to the times.

DeFi is not born, the encrypted world is like a long night.

And the popularity of MEME is very black and humorous-because MEME was originally a satirical DeFi work.

Jordan Lyall tweeted that any Emoji can be used as the logo, and then it takes 5 minutes to change the contract to create a DeFi.

A few hours later…someone really created MEME.

Whether it’s the official website (name is “dontbuymeme”/don’t buy MEME), Token or the community (the Telegram group swarmed into hundreds of people who eat melons), everything looks decent.

NFT爆红,能否复制DeFi的起飞路径?

Then airdrop in the Telegram group, each person will get 355.55 MEME.

In addition, 1,000 pieces were put on Uniswap to make the market, and 1,000 pieces are said to be given to V God.

It’s still a joke that things have progressed here.

But I didn’t expect that even though the official website name is dontbuymeme, it still couldn’t hold back the enthusiasm of everyone. It took a month for MEME to rise from 11.29 US dollars to 1963 US dollars.

In other words, if the person accepting the airdrop stepped on the highest point and sold it in time, the value could be as high as 660,000 US dollars.

The reason for supporting the price of MEME currency is:

Using MEME to participate in liquidity mining can get Pineapple (Pineapple-PNPL), which can be exchanged for NFT collection card.

NFT爆红,能否复制DeFi的起飞路径?

Therefore, MEME is not so much an NFT, it is better to say that it is a DeFi project that uses NFT to drain traffic.

But the problem is that the development of NFT itself also needs drainage…

After MEME——FEW and Sunzi Coin

After MEME became popular, many imitation disks appeared as usual.

There are parody of the parody of MEME, and some are cutting leeks seriously.

It is FEW that cuts the leeks-although the ending is 2 hours directly to zero.

If MEME is unintentionally planting willows, then FEW rushed to cut the leeks from the beginning.

Several KOLs on Twitter also wanted to replicate MEME’s take-off path, so they opened a copy of FEW.

The next meal was as fierce as a tiger. According to the plan, 50 people were recruited into the group and airdropped. Then they called out the order, pretended to do another wave of airdrops, and finally cashed out after the big increase.

However, a “traitor” appeared in the group, and the group chat was directly made public, and FEW was directly returned to zero after 2 hours.

Several promoters finally forced their respect, saying that they were joking.

But another wave of MEME is really joking.

It is GrandsonMEME-grandson coin.

NFT爆红,能否复制DeFi的起飞路径?

Grandson (grandson) can be understood as Justin Sun’s NFT version of the unofficial fan project , which “pays tribute” to Justin Sun everywhere.

For example, Grandson’s token is called SON (Sun Tzu Coin), which is a SUN (Sun Coin) issued in tribute to Justin Sun.

What’s more, there are 90,730 Sunzi coins, and Justin Sun was born on July 30, 1990.

Moreover, Grandson uses Sunzi coins to incentivize users to lock their own ETH to a contract address. These ETH will be called to God V on his birthday in 2021.

The ETH locked in the contract address will be given by Grandson to Justin Sun’s opponent, V God, on V God’s birthday in 2021.

In addition, it is the same pledge mining as MEME. The mined grandson coins can get the NFT collection card with grandson expression.

Sunzi coin also conducted a community airdrop without threshold. Users can get 2 SONs ​​as long as they log on to the website. As of the time of publication, the latest reply from Grandson administrators will receive the airdrop this week.

I am looking forward to the good drama in a week.

 

After the wave-does NFT set off a new bull market?

In fact, NFT has become popular, although there are not many projects.

But the possibility of NFT detonating a new bull market is too small.

DeFi detonated the entire cryptocurrency world because it brought revolutionary products that can impact centralized finance.

Although the current DeFi still stays in the infinite dolls of liquid mining and has not built a large-scale financial ecology, it has finally started the first step-revitalizing assets.

Therefore, the current DeFi wave seems to be ebb, but it is more accurate to say that it is a callback.

What about NFT?

NFT does not have a clear object of subversion like DeFi subverting “centralized financial institutions”. Its possibilities are scattered in various fields such as finance, games, art, bills, and academic qualifications.

Therefore, NFT is originally targeted at customized products rather than general products, and the liquidity is destined to be niche.

Just like the sudden popularity of fried shoes in the past two years is very popular, but these circulations are just a fraction of Nike’s annual revenue.

All in all, decentralized finance is more imaginative, and NFT can really only serve as a useful supplement.

But having said that, I’m still very curious about the performance of Sunzicoin in a week.