TED ÇORLu COLLEGE / 8-A
NFT
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First , let me introduce NFT ’ s . NFT is a digital art that costs Ethereum to buy . Then , what is an Ethereum ? It is a crypto currency that costs real money . Ethereum is the leading altcoin of the meta-verse . Next , what is a metaverse ? Meta-verse is the future of the Internet where you can buy online fields , adboards , etc . On the metaverse , there ’ s a 1:1 scale copy of the world . On the metaverse , a little field can cost 250.000 dollars - which is a lot of money . Let ’ s go back to NFT ’ s . You can buy them at opensea . com and these can be very expensive .
There ’ s a famous NFT collection called “ Bored Ape Yacht Club ”. The cheapest one costs about 185.000 dollars . It is a digital art of a monkey . You could ask why it is so expensive : There ’ s only one of its kind , so imagine that there ’ s only one Mona Lisa painting that is digitally converted and you are the one who possesses it . It is unique . That ’ s why it is so expensive . Three days ago , a team of a hundred people launched a free NFT that you could buy for 24 hours called a limited edition NFT . I believe that it isn ’ t worth anything , it ’ s useless . After all , we are the ones who determine the market value of an item , right ?