I've been doing web3 for a few years
I always thought I knew a lot but got smacked in the face yesterday
A few days ago I heard a new concept "NFG"
While everyone was still speculating on NFT digital collectibles
A group of people had already proposed a new concept "NFG"
What is NFG?
It stands for Non-Fungible Goods, where "Goods" corresponds to "Token" in NFT
The value of NFG is not directly determined by its physical content
But is dynamically reflected through the market price of Tokens in the associated NFT chip wallet
The difference between NFG and NFT
NFT: Pure digital assets (on-chain through images, audio, video, and other metadata)
Mainly the scarcity of digital content, community consensus, and hype
NFG: Anchored by physical goods and NFT chips (strong binding of digital certificates and physical products)
The market trading price of associated Tokens (when the Token in the chip wallet rises, the value of NFG rises)
#nfg #NFT $BTC $ETH $BNB