Have you ever seen someone spend hundreds of thousands of dollars on virtual land on social media? Or heard stories of digital artworks selling for sky-high prices? Behind these phenomena lies the same concept—Metaverse and NFTs are rewriting people's definitions of assets, ownership, and value.
The Economic Logic of Virtual Worlds: Understanding the Essence of Metaverse and NFTs
Since Neal Stephenson's science fiction novel "Snow Crash" was published in 1992, the concept of parallel virtual worlds has been part of human imagination. Today, the Metaverse is no longer a distant sci-fi vision but a gradually emerging digital new world.
What are the core features of the Metaverse? In simple terms, it is a visually rich, highly interactive virtual environment where users can work, entertain, socialize, and trade. But to make this world truly operate, it requires