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Metaverse refers to a virtual space built on the Internet. For example, it is possible to enter a virtual world using a dedicated device and have an experience similar to reality using an alter ego called an avatar. In the virtual space, you can enjoy various experiences such as online shopping, music events, and sightseeing at the destination you want to visit. It is also expected to be used in the workplace and in the medical field, and further expansion of the market size is expected.

Now that the Internet has developed beyond what we could have imagined just a few years ago, the limitations of the past have been lifted and the Metaverse is finally ready to take off.

Beyond the evolution of the Internet, the Metaverse, which has the potential to surpass reality, is spreading.

NFT is an acronym for "Non-Fungible Token", which means "non-fungible token".

 

"NF" in NFT means Non-Fungible, meaning that it cannot be replaced.

 

The “T” in NFT is an abbreviation of Token, and it has various meanings in modern times, but this time it is easy to understand, and it is used as a sign, symbol, or evidence.

 

In other words, NFT is a technology that issues unique proofs that cannot be duplicated and adds value.

 

Before the advent of NFT, digital data could be mass-produced by copying and duplicating, and there was no scarcity value. NFT gives such digital data a unique value.

NFT technology has created a digital work that cannot be duplicated, making it a rare item.

 

NFTs are being put to practical use in fields such as copyrights and proof of ownership of real estate, with a focus on games and art.

 

The advantage of NFT is that it is irreplaceable, anyone can create and publish works, and various settings can be programmed. No risk of damage or loss.

 

Metaverse Real Estate will use this NFT technology and apply it to various things, places, and events.