Is digital collection worth investing? What is the investment in digital collections?
Is digital collection worth investing? What is the investment in digital collections? Digital collections refer to collections transmitted, stored and traded digitally. At present, digital collections mainly focus on files (such as pictures, audio, video, documents, etc.) and digital tokens. So is digital collection worth investing? Now let's get to know.
Is digital collection worth investing?
Historically, digital collections began in the late 1990s, when some websites began to use digital images as backgrounds. These images later became website logos or logos. Over time, some people began to collect these images and use them as collections rather than background images. As time goes by, digital collections become more and more popular. Some people use them as investments, not collections. In the past few years, the price of digital assets has soared, making digital collections one of people's "pets".
However, "temporarily unavailable" is one of the characteristics of domestic digital collections. However, driven by the concept that "everything can be digital collections", many investors have entered the "digital collection circle" with the purpose of speculation. Speculation, plug-in and other violations have been repeatedly prohibited.
It is undeniable that at the early stage of the development of digital collections, some people obtained "profits" through speculation, and investors bought digital collections from professional platforms, just like speculating in stocks, by buying at a low price and selling at a high price. For example, the starting price of a digital picture called "NFT Troubles in Heaven" series was 99 yuan, but after rounds of price hikes, it rose to nearly 20000 yuan at the highest. With low threshold, small investment and large income, more and more investors have joined the circle in the face of the temptation of simple operation and high profits. But is it really so easy to make money?
Some investors said, "Buying is making money." "It's right to buy with the trend anyway. There must be a market for what everyone grabs.". However, it is obviously biased to regard digital collections as "the way to make money".
First of all, with the rapid growth of digital collection platforms, a series of problems such as speculation, speculation, false advertising and cutting "leeks" have been exposed behind the booming market. Not only have small digital collection platforms successively closed their consignment business, but also the digital collection platforms of listed companies announced that they would stop operating, and the digital collections of some platforms even fell by more than 50% in the short term. It is even more common for digital collections purchased at high prices to have no takers. The topic of "Why can't I sell them at a lower price?" and "Now we have a huge loss" is not uncommon, and the news of thunder explosion on the platform is also frequently heard.
Secondly, as a new collection variety, laws and regulations on digital collections around the world need to be improved. Although the country has clear provisions on risk prevention of virtual currency, there are still insufficient regulatory rules for virtual assets and derivatives such as digital collections. Once property disputes occur, it will be difficult to protect their rights.
Value of digital collections
In terms of price, digital collections are much cheaper than traditional collections. For example, the price of a famous painting may be as high as tens of millions of yuan, while the price of a digital asset only needs a few hundred yuan. In addition, because digital assets are not limited by geographical location, investors can trade through the network anytime, anywhere.
In terms of ease of use, digital assets are also better than traditional collections. Traditional collections often require special safekeeping methods, such as special vaults or safes, while digital assets do not need to do so at all. Just store it in your wallet.
However, despite this, digital assets are also risky. Because the blockchain determined by mathematical principles is itself a distributed database, once attacked by hackers, it may cause significant losses. In addition, there are legal risks: at present, the state has not explicitly stipulated whether the "token" used by blockchain technology or cryptocurrency has legal status. If there is no legal status, the corresponding rights and interests cannot be protected, and it will be difficult to find the basis once problems occur.
What is the investment in digital collections?
Now, people invest in digital collections out of curiosity about new objects, appreciation and collection of digital art, and manifestation of individuality. Many mainstream digital works have formed their own communities, and some communities have set the threshold of access. This threshold is to have a certain type of digital collections, and you cannot join without holding them.
Of course, the most important thing is that, as a form of expression of digital assets in the meta universe, digital collections are also a digital equity mapping of physical assets and a bridge linking "digital" and reality. With the increasing popularity of the concept of the meta universe, the demand for the construction of the meta universe infrastructure is becoming stronger and stronger. Digital works based on the real economy are expected to become an important element of the construction of the meta universe infrastructure. Therefore, it can be said that, Those who buy digital collections are interested in the rights and interests of the digital future behind them.
For example, some art pictures, avatars, works of art, physical objects, etc., a certain "subculture" circle has mainly formed behind a digital collection, which has formed a strong consensus. Having a digital collection has a kind of identity and assets, demonstrating individuality. In addition to its limited quantity and scarcity, it has a certain collection value, and some digital collections can even appreciate.
From another perspective of real economic value, in the meta universe or virtual world, due to the introduction of block technology, owning personal digital assets and confirming rights, plus its unique attributes, is no longer a simple form of digital collection goods.
In general, the above content introduces whether digital collections are worth investing in, and what is investing in digital collections. As a new way of investment, digital collections are also a venture capital. Before making a decision, you should fully consider the consequences and seek professional advice. Finally, the long-term investment depends on the sustainability of market transactions. The value of digital collections is determined by market supply and demand, and it is difficult to have a unified standard. Although some digital collections are "worth a lot" because of their cultural value and scarcity, this growth is not long-term and sustainable, which also requires investors' ability to collect information and judge.