The concept of NFT (Non-Fungible Token) is basically a unique, non-substitutable, indivisible, rare record of ownership and ownership evidence that contains metadata (detailed information about the properties of the relevant asset) and ownership information about the asset to be tokenized on the blockchain.
NFTs provide a reliable means of ownership of an unlimited number of assets, such as a digital piece of music, a painting, a collectible, a social media post, or a digital representation of ownership of real-world assets.
can be used as standard.
Metaverse structures can build bridges between the virtual world and the real world with NFTs. A real world asset can be bought and sold by users in a metaverse in NFT form, and physical world assets can be bought and sold in NFT form in various marketplaces in the metaverse. Considering that connections will be established between these metaverses in the future, the market that will be created here and the size of this market will be better understood.
Considering that the internet in the digital sense will eventually become a space (cyberspace) that can be owned with all its elements, we can also say that digital ownership will turn into a trend that goes beyond physical ownership over time.
DAOs
Decentralized autonomous organizations, referred to as DAO (Decentralized Autonomous Organization), is a concept used for community-oriented, non-hierarchical, blockchain-based, decentralized management structures managed through smart contracts.
DAOs can be used in decision-making processes as a highly functional tool in metaverse structures, as a system that is more democratic, participation is much higher, easier and faster, and trust is built on a smart contract basis on the blockchain. At the same time, the management of assets associated with a metaverse can be transferred to DAOs, and the relevant assets can be managed safely and easily in a democratic way through DAOs.
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