[thinking] what were you buying when you bought NFT?

Recently, more and more friends have begun to pay attention to NFT, There are those who play digital Tibet in China , There are also completely untouched ; Most people will ask , What exactly is NFT？ How it works ？ Why are so many people rushing ？ about NFT The definition of , I believe everyone has been Baidu , Today, this article starts from “ Why do people buy NFT” From this point of view, let's talk about .

First , We can try to understand it from the perspective of consumption and investment . The human expenditure behavior amounts to 2 Kind of , One is to buy things now ; One is to buy things of the future . The former is called “ consumption ”, The latter call it “ investment ”, and NFT It's just one of the common subjects . If you like one very much NFT, You think this thing is drawing yourself , It's amazing , Have to buy , And will take a lifetime , After death, they must be pasted on the tombstone , This is the consumption of iron strike ; because NFT Do not have the rigidity of life , So all NFT Consumption , Can be roughly identified as “ mood ” consumption , The core of this consumption is “ mood ”.

But if one day you suddenly find yourself in this market , Everyone is interested in some kind of NFT above , Everyone is going to take it for a lifetime , The community even plans to buy a plot of land for a family cemetery , But you think a lifetime is too far away , Just want to fight day and night , So they robbed the public , When the market sentiment is high, double the sales , Happy to eat a rich meal of pig feet , This is the investment behavior . therefore , What is the core of this ？ you 're right , yes “ expect ”.

NFT In the final analysis, the core of Emotion plus expectation , It's just that everyone judges expectations differently at different times .NFT In fact, it is a very obvious target at different stages , At every stage “ expect ” Is not the same , Even the nature is different ,NFT There is a saying widely spread in the circle ：NFT Before drawing , Namely FT.

Next , Let's take a look at the general expectations of everyone at each stage ：

1. Launch: [ degree of heat ]

After the general project is launched , Project specific information will be gradually disclosed , The operation actions of the project party are increasing , The market is becoming more and more popular ,“ mood ” Start accumulating , This is one with “ mood ” The main indicator link .NFT People in the circle often see xx The project has a good hand , The operation is like shit ; perhaps xx The project operation is really nb; In fact, the operation here refers to the project party's ability to manage market sentiment , Including community atmosphere construction 、 Expand project cooperation and interaction 、 New contract innovations, etc , Both are ways to run market sentiment . This time cannot be too long or too short , Too long the market will forget you ; Too short to accumulate emotions , And maybe it's all about emotion , Such prices are not sustainable .

2.Pre-sale: [ profits ]

Pre-sale Just pay “ expect ” During homework .Pre-sale and Public-sale It is basically equivalent to the primary market in the capital market , That's in the primary market , What do you care about ？ It's usually “ Whether you really get the goods at a low enough price ”, Because the value of the project has not been verified by the market , But in the current bear market and the background of frequent breaking , Everyone will become more cautious , It is no longer the age of mindlessness before .

If the previous “ mood ” Save enough , That will naturally be transmitted to the second level , Present enough profit margin to WL, People will go mint, The more mint Faster , More emotional ; And if early “ mood ” Not in place , There is no heat in Level 2 ,WL At first sight, it may break even if there is no profit , No one would go mint, already mint People began to smash the floor , Break , Then enter the death spiral . At this point , The emotions accumulated in the early stage , The expectation of the project is presented in the form of price , The latter will also adjust their expectations for the project through this price （ Of course, there are also projects that make their own prices , That is also a means ）

At present, the common way to play is to look at the trading volume at the second level 、 Trading frequency and profit margin , Then decide whether to mint.

3.Public-sale: [Sold out]

Current Public-sale Feeling heel pre-sale There's no big difference , It feels like pre-sale Lock it and leave it on the white list ,Public Locked for scientists lol, Basically Pre-sale Good run ,Public There will be no problem . At this stage, you will have a “ event ” Key expectations for , That is to say 「sold out」, This means that in a natural state , The supply has reached the upper limit , And reach 「sold out」 Speed means demand , The greater the gap between supply and demand , The more it will be reflected in the subsequent price .

meanwhile , At this stage, the proportion of emotional factors will be weaker ,WL Look more at profits mint,Public Instead, I will see more Roadmap. There will also be some in the market pre-sale Good run , but Public Slow projects , This kind of community operates well , My own people approve , But the external operation is poor , Finally, let's see holder The structure may Unique holders Only 30-40%, From a trading point of view , This type of advice is treated with caution . This part follows from the playing method pre-sale almost , Mainly before pre-sale mint The speed and sentiment of the secondary market , If everything is good, you can try to participate .

4.post-Mint：[Reveal]

When all nft All by mint After that , They entered the secondary trading market , No matter what sold out Whether our expectations have been met , Some of the emotions accumulated in the early stage will be released , The market price will be adjusted once , Tend to be Go up first and then continue to fall back (require sold out), But at the same time , New expected events Established , That's it Reveal. Before drawing , be-all NFT It's all the same , There is no difference , So it's essentially FT, Only one price is the floor price , The expected valuation of the project will be 「 Average 」 To be apportioned to Collection Each of them nft in . The closer we get to the map , The more attention the market pays , The higher the mood , expect Naturally, it will be carried up , Therefore, high-quality projects often have a small increase before drawing .

5.Reveal

And after drawing , The world is different . First of all, the quality of the picture is exposed , This is the same as meeting with netizens , Some may make you want to print it out and paste it on your face at the first time , Then go shopping for two more times , Some may make you start searching how to kill people without breaking the law ; Quality plays a very important role in the picture , But not the most important . Some very good pictures , After opening the chart, it will still fall , Why is that ？ It can be explained from the following two aspects ： One side The event of drawing is over , The next event is very vague and distant , The overall expectation lacks one element of support ; On the other hand After drawing , Every picture is different , The overall valuation of the project is no longer 「 Average 」 To each NFT On , Rare pictures bear more because of their higher intrinsic value , And ordinary value naturally becomes less , Therefore, the floor price also fell .

reveal after , The emotional level will begin to decline dramatically , Overall expected attention Will invest in the development of the community and roadmap The implementation of the .

Of course , The market is changing , The mode of the project is also developing very rapidly ,reveal There are many ways to play ; This article briefly talks about the current situation in foreign countries NFT The general way to play , I sincerely hope that you can also summarize the reply by yourself , Continuously improve cognitive ability .

『 Statement ： This content is for the general public only NFT Enthusiasts learn and exchange science , It does not constitute an investment opinion or suggestion , Please look at it rationally , Set up the right idea , Improve risk awareness 』