►
From YouTube: NFT Expert Explains Everything About NFT 's | Victor Zhang | Alchemy NFT Co-Founder | DYOR Crypto
Description
The creator and co-founder of Alchemy NFT and Alpha Wallet Victor Zhang explains the key to a successful NFT project. We talk about Loot Project NFT 's and why the Loot Project has been so successful. But if they don't change this one thing, they won't be successful in the long term. Also...
What makes an NFT valuable?
When will NFT 's take over the world?
How will NFT 's be used in society?
Which NFT 's will do really well?
___ Helpful Links ___
AlchemyNFT
Victor's Twitter: https://twitter.com/Victor928
https://alchemynft.org/
https://github.com/TokenScript/TokenScript/blob/main/doc/design_paper.md
:::All DYOR Crypto Content:::
https://linktr.ee/DYORCrypto
A
A
Also
I'm
having
problems
with
youtube,
they've
already
shut
down
my
channel
twice,
because
I
talk
about
crypto
for
some
reason,
crypto
channels
are
being
sort
of
shadow
banned
or
something
like
that.
I
don't
know.
My
lawyer
told
me
that
I
have
to
basically
set
up
my
videos
on
other
platforms,
so
I
created
a
link
in
the
description
that
takes
you
to
all
my
other
platforms,
where
I
post
other
content.
That
is
not
always
on
youtube.
A
So
so
that's
why
I
ask
you
to
click
on
the
link
and
find
other
platforms
to
follow
me
on,
especially
on
rumble
and
these
other
platforms
anyway,
see
on
the
other
side.
A
Welcome
back
everybody
to
the
dyor
crypto
founders
report.
Today,
our
guest
is
victor
zhang.
He
is
the
co-founder
and
ceo
of
songbird
and
alchemy
nft.
They
created
alpha
wallet,
token
script,
autograph
nft,
and
he
was
also
a
part
of
a
core
team
of
a
tech
startup
that
was
sold
to
ebay
for
165
million
usd
in
2016..
A
Victor
has
a
wealth
of
knowledge
about
nfts
we're
going
to
talk
about
the
loot
project,
and
victor
has
some
information
that
he
wants
to
share
with
us
about
the
loot
project,
about
how
can
technically
be
a
better
project
and
we're
going
to
talk
about
different
nft
projects,
because
victor
is
also
a
little
bit
of
an
ft
collector
himself,
and
I'm
very
excited
to
have
him
on
the
show
today.
Welcome
victor.
B
A
Yeah,
thank
you.
It's
it's!
It's
really
great
to
talk
to
you,
because
I've
been
trying
to
get
into
the
world
of
nfts
myself,
trying
to
wrap
my
head
around
the
principles
and
the
concepts
around
nfts
and
when
I
saw
that
you
were
building
an
nft
project
or
or
something
that
that
that
implements
that
you're
implementing
some
technology
that
will
improve
nfts.
I
was
really
excited
to
talk
to
you
about
that.
So
so,
you're
you're
all
the
way
you're
in
australia,
right
sydney.
A
B
Also,
the
population
here
is
no
much
so.
The
the
local
market
is
not
that
big,
but
but
there
is
also
a
good
point.
First
thing:
the
weather
is
very
nice.
It's
one
of
the
most
comfortable
place
to
live
in
and
yeah
and
also
there's
a
lot
of
really
creative
people
have
a
lot
of
crazy
ideas
and
they
they
they.
They
are
not
afraid
of
putting
those
crypto
and
start
putting
those
crazy
ideas
into
practice.
B
So
the
overall
startup
environment
is
is
very
good.
Many
tenanted
people
and
people
are
willing
to
take
risk.
Well,
so
yeah.
A
I
didn't
I
didn't
know
that
that
I
didn't
know
that
about
sydney.
I
didn't
know
that
it
was
a.
It
was
a
world
of
full
full
of
people
who
are
interested
in
startups
and
technology
you're.
Actually,
one
of
the
first,
I
think,
you're
pretty
much.
The
first
person
I
interviewed
from
from
that
side
of
the
world.
I've
talked
to
people
in
hong
kong
and
I've
talked
to
people
in
beijing
and
different
parts
of
china,
but
never
in
australia.
B
It's
I
think,
almost
13
or
14
years
ago,
so
I
got
my
master's
in
I.t
degree
in
australia,
so
that
is
where
I
started
with
australia.
After
that
working
in
australia,
hong
kong,
singapore,
mainland
china,
between
these
these
locations
and
after
all,
we
settled
down
in
australia.
A
So
what
what
made
you
choose
to
you
know
base
yourself
in
in
australia.
What
was
the
you
know,
sort
of
deciding
factor
for
you.
B
B
A
B
Sure
I
I
actually
my
education
background
is
always
this
type,
so
it's
a
it's
a
double
e
for
bachelor
and
I
t
for
master,
but
throughout
my
early
career,
that
is
more
related
to
business.
So
I
start
my
career
with
the
sales
bd
and
then
covering
a
little
bit
marketing
side
and
then
go
to
general
management.
B
B
So
since
I
had
the
tech
backgrounds
were
always
interested
in
new
technologies
like
when
mobile
come
up,
we
did
a
kind
of
a
startup
with
with
some
friend
to
doing
something
not
very
similar
but
but
but
to.
But
it's
like
an
online
dating
platform,
because
at
this
stage
there's
no
no
way
to
there's
no
online
payment
solution.
B
B
A
So
you
you
got
into
you
got
into
at
some
point.
Your
career
switched
over
to
blockchain
I'd
love
to
know
how
you
discovered
that
yes,.
B
After
after
I
created
the
previous
work,
I
did
some
investment
and
looking
more
into
the
blockchain
space.
I
read
the
paper
for
eastern
and
bitcoin
and
yeah.
It's
a
it's
exactly
technology
and
at
beginning
I
just
thinking
to
adopt
blockchain
technology
in
taking
industry,
try
to
see
how
we
can
use
that
to
improve
the
like
the
ticketing
event,
take
a
second
market,
the
integration
across
other
different
platforms,
those
things
and
I
trying
to
form
a
team
just
to
build
that
take
a
team
use
case.
B
B
So
then
I
know
this
is
a
true
extra
and
instead
of
I
sell
the
ticketing
use
case
to
him.
He
sell
his
blockchain
vision
to
me
and
then
we
agreed
to
do
this.
Our
blockchain
startup.
C
B
That
time,
yes,
it's
very
interesting.
So
his
background
is
also
very
interesting.
He
started
with
his
trainings.
He
started,
invest
in
bitcoin
since
2011
and
contribute
to
the
bitcoin
code
and
for
the
bitcoin
bitcoin
three
times
to
do
those
all
coin
projects
for
other
business
and
after
ethereum
come
up.
He
also
did
the
architect
work
for
7
ico
project
and
then
he
immigrated
to
australia
and
after
he
landed
in
australia,
he
is
recruited
by
the
largest
bank
in
australia,
the
commonwealth
bank.
B
B
So
during
that
period
I
I'm
in
singapore
and
he's
he's
in
austria,
sydney
and
I
approached
him
as
ruling
clean
and
he
mistakenly
thinking
I
am
another
witch,
so
he's
a
singer,
I'm
another
people
and
after
we
have
a
have
a
quick
chat.
He
won.
B
Discuss
share
the
vision,
talk
about
many
things
and
then
both
of
us
know
this
is
the
right.
People
can
work
together
with
so
on
the
following
week.
I
fly
back
to
sydney
to
meet
him
and
his
team
in
commonwealth's
bank
and
discuss
what
will
be
the
next
step
well
and
the
yeah.
That's
everything
where
everything
started.
A
A
B
A
And
that
was
that
songbird
that
that
was
at
the
origination
of
songbird,
which
is
the
company
you're,
the
ceo
of
now
yes
very
interesting,
and
I
noticed
that
I
was.
I
was
researching
you
a
little
bit
and
I
I
see
that
you're
an
expert
in
tokenization
and
for
those
who
don't
know
what
tokenization
is.
Could
you
give
us
a
brief
description
of
what
is
tokenization.
B
B
I
have
something
or
I
own
something,
and
if,
if
there's
something
it's
a
transferable
ownership,
then
it
is
considered
as
a
treatable
rights
which
is
on
the
offset.
Is
I
own
my
id,
but
id
is
definitely
not
transferable,
so
that
is
not
a
treatable
right
studies
and
rights.
I
won't,
but
it's
not
treatable.
A
So
someone's
identification
is
not
tradable,
but
you
can
pretty
much
tokenize
anything.
That's
like
an
object,
your
car,
your
house,
your
what
you
know
paintings
your
artwork,
those
kinds
of
things.
B
B
Interesting
and
how
to
how
to
bond
that
the
actual
rights
with
the
token
on
blockchain?
That
is
a
different
story.
For
example,
we
have
those
those
are
native
native
traditional
rights
like
when
we
have
ethereum
cryptocurrency,
and
we
have
diet
and
the
way
how
we
get.
That
is
that
we
use
smart
contract
to
kind
of
do
the
conversion.
B
We
love
the
theory,
and
then
we
mean
that
so
for
this
type
to
representing
the
the
rights
which
is
to
to
redeem
the
underlying
series,
and
also
it's
it's
at
the
like
the
bond
price
with
the
u.s
dollar.
So
for
for
this
right,
it
is
actually
just
found
by
the
smart
contract
by
the
blockchain
itself.
So
you
don't
need
to
trust
any
other
trusted.
Third
parties,
you
just
trust
the
blockchain,
then
it
works,
but
for
other
type
of
tradeable
rights,
for
example,
even
just
like
the
lefty
collectibles,
those
are
digital
arts
they're.
B
The
first
thing
is
that
you
need
to
understand
when
you're
buying
this
lefty,
what
exactly
it
is
representing
whether
it
is
representing
the
overall,
the
full
ip
rights
related
to
this
creation
related
to
this
digital
arts,
or
is
simply
representing
a
collectible
rights
which
enable
you
to
rendering
a
picture
on
your
user
agent
on
your
mobile
phone
or
on
your
on
your
on
your
internet
browser.
These
are
very
different
and
most
of
the
people
they
did.
They
didn't.
B
They
cannot
even
tell
the
differences,
but
they
are
speak
different,
for
example,
if
it's,
if
it's
representing
the
overall
ip
rights,
then
how
this
overall
ip
rise
is
bound
with
the
lft
on
blockchain.
That
is
actually
bound
currently
a
lot
of
in
most
of
the
case,
it
is
bound
by
the
reputation
of
the
artist
himself.
It's
more
like
a
verbally
saying,
okay,
I
gave
you
the
four
ip
rights
and
that's
it,
and
some
of
them
is
bound
by
the
actual
legal
contract.
So
that
means,
when
artists
meet
a
mentor,
a
lefty
talker.
B
C
C
A
B
A
Very
interesting
so
so
certain
items
that
are
tokenized
you,
depending
on
where
you
are
they
may
or
may
not
be
you
may
or
may
not
hold
the
intellectual
property
rights
to
that
token
or
that
item.
That's
behind
the
token
like,
for
example,
maybe
I
can
buy
a
token
of
someone's
painting,
but
they
still
own
the
rights
to
that
painting.
Yeah.
A
Ip
to
that,
what.
B
Is
that
cream
go
ahead?
Most
of
the
that
is,
that
is
actually
most
of
the
cases
most
of
the
lefty
art.
If,
if
you,
if
you
go
back
to
see
the
meeting
process,
if
you
cannot,
if
you
cannot
fund
a
legal
contract
where
bound
the
the
full
ip
rights
into
that
token,
then
basically,
what
you
are
buying
is
just
what
we
call
the
collectible
rights
and
by
having
backlash
by
having
that
collective
rights.
B
The
only
thing
you
can
do
is
rendering
a
picture
on
your
mobile
or
on
your
browser
or
yeah,
to
see
it.
You,
you
are
not
even
allowed
to
like
do
recreation
or
you
are
not
even
allowed
to
print
it
down
your
t-shirt,
because
you
don't
own
that
right.
You
cannot.
A
Let's,
let's
use
the
example
of
some
popular
nft
project
and,
let's
analyze
them,
so,
let's,
let's
say
crypto
punks
or
board
apes
or
even
the
new
project,
we're
going
to
talk
about
loot.
A
B
For
punk
is
kind
of
interesting,
they
didn't
state,
saying
they
still
reserved
ip
rights
and
on
the
same
time
they
didn't
state
staying
where
you
own
a
punk.
You
won
the
flight
your
eyes,
so
it's
like
a
blur
gray
greasing
and
for
ape.
That
is
also
very
very
good
example
for,
for
for
the
crypto
ape,
they
specifically
explain
you
own
the
full
rights.
B
So
basically
you
own
everything
related
to
that
digital
creation.
You
can
you
can
you
can
authorize
other
people
with
like
a
subsidiary
commercial
rights,
for
example,
you
have
an
ape
which
is
very
popular.
Everyone
loves
it.
Even
coca-cola
wants
to
print
it
down
his
coke.
Then
you
can
authorize
a
lesson
to
them
to
do
that,
because
you
have
the
full
iv
rights,
but
if
you
go
back
to
the
park,
if,
if
since
same
thing
happen,
two
things
may
happen,
one
thing
is
it
does
it
does
happen
in
this
way?
B
Another
thing
is
that
the
the
lava
lamp
may
stand
may
stand
up
to
say
you
don't
own
the
flippy
rights.
I
never
gave
you
the
flight,
your
eyes,
that
those
things
are
still
reserved
by
us
because,
naturally,
if
you
don't,
if
you
don't
use
a
user
using
the
legal
agreement
to
transfer
that
ip
rights,
then
normally
it
is
still
reserved
by
the
original
creator.
It's
same
like
a
crypto
kt
for
crypto
kt
is
is
another
way
around.
They
have
a.
They
have
specifically
stated
in
their
terms
and
conditions,
all
those
the
kt
picture.
B
All
those
creation
ip
writes,
is
reserved
by
the
company
reserved
by
the
studio.
So
that
means
the
people
who
buy
a
crypto
ktu.
Don't
it's
just
purely
collective
rights
plus
you
can
use
it
in
crypto
kt
game.
That's
it
you're
not
able
to
print
it
on
your
t-shirt.
If
you're
a
manufacturer,
you
buy
a
crypto
kt,
you
think
you
can
use
it
as
a
picture
on
your
to
manufacture
to
print
a
t-shirt,
to
sell
no
you're,
not
allowed
you're
bridged.
A
Yeah
yeah,
no,
that's
I
I
knew
I
would
learn
something
new
today.
That's
something
that
I
was
not
aware
of.
I'm
glad
you
we've
had
this
conversation,
hopefully
a
lot
of
people
who
are
watching.
This
will
also
realize
that
when
you're
buying
the
nft
just
because
you
own
it,
it
doesn't
mean
that
you
have
the
the
full
rights
to
intellectual
property
rights.
To
that
you
may
have
collectible
rights,
you
may
you
may
have
the
full
intellectual
property
rights,
but
you
have
to
check
otherwise
you
can
get
in
trouble
for
recreating
it.
B
Yes,
because,
as
I
mentioned,
the
blockchain
itself
is,
it
can
only
recall
the
ownership
of
offer
rights
and
also
define
the
transaction
rules,
but
what
exactly
that
right
is
is
the
normally
defined
outside
blockchain
unless
those
things
are
a
crypto
native
thing.
Like
the
example
I
mentioned,
like
diet
like
like
because
diet
is
generated
from
eth,
eth
itself
is
a
decentralized
network,
so
you
can.
You
can
treat
it
as
there's
no
issue
or
there's
no
trust
anchor
besides
the
blockchain
itself.
B
So
far
for
those
things,
it's
a
it's
a
it's
a
it's
a
you
can
think
in
the
right,
it's
issued
by
blockchain
itself.
So
as
long
as
you
trust
blockchain,
that
is
okay,
but
for
other
type
of
rights.
Another
example
like
the
experiment
we
did
in
2018
we're
working
with
a
fifa
official
tokenize,
the
50
fifa,
world
cup
tickets,
using
ethereum
blockchain.
B
So
for
those
tickets,
the
the
people
who
buy
buy
those
tickets,
they
actually
buy
a
bottle
of
rice
which
enable
them
to
be
sitting
in
that
stadium
to
watch
that
particular
game.
That
is
the
right
thing
they
bought
and
and
and
all
other
even
for
their
rights.
Fifa
have
a
claim
they
have
the
full
rights
to
do
whatever
they
want.
They
can
cancel
your
tickets,
they
can
do
all
those
things.
So
that
means,
if
you
bought
the
lefty
tickets
and
the
invite
organizer,
they
actually
still
reserve
the
full
rights.
B
They
can
cancel
your
tickets,
they
after
they
cancel
taking
what
happened.
Well,
you
you're
just
holding
a
lefty
which
is
still
record
on
blockchain,
but
on
the
same
time,
the
right
is
gone
because
the
right
is
provided
by
by
by
fifa.
A
I
see
yeah,
so
that's
that's
a
complicated
area
that
I
think
there'll
probably
be
a
lot
of
debate
on,
but
it's
very
interesting.
I
personally,
I
I
own
a
couple
of
small
nfts.
I
I
own
a
couple
of
cardano
bits.
I
I
don't
own
the
any
other,
the
expensive,
crypto
punks
or
anything
like
that,
but
I
noticed
you
on
your
twitter.
You
have
you,
have
a
crypto
punk
on
there.
That's
really
interesting
people
should
go
check
it
out.
A
There's
also
a
really
nice
thread
on
there,
a
pin
thread
of
like
describing
like
what
is
an
nft
and
it
goes
into
a
lot
a
lot
of
detail,
which
is,
I
think,
people
should
definitely
check
out
your
twitter
page
and
and
read
that
that
pin
thread
about
what
is
an
nft.
And
then
I
like
those
diagrams
that
you
have
on
there
and
it
really
gives
people
the
technical
understanding
of
how
it
works,
but
what's
fascinating
the
most
to
me
is
how
can
someone
come
up
with
a
project
like
loot,.
B
A
Yeah
the
the
found
the
the
creator
is,
the
guy
who
created
vine
actually
created
it,
and
he
also
he's
he's
he's
involved
in
a
lot
of
things.
C
A
This
project's,
for
some
reason
it
just
it's
a
newer
project,
but
it
really
it
really
did
what's
fascinating
to
me.
Is
it's
not
like
a
crypto
punk
project?
It's
it's
not
like
it's
kind
of
like
a
rnft
and
a
gaming
nft
like
a
metaverse
nft.
I
don't
know.
I
don't
know
how
to
define
this,
this
loot
project.
How
would
you
describe
loot.
B
I
think
that
is
the
part
where
why
why
people?
Why
a
lot
of
people
interested
in?
Because
if
you
don't
define
it
clearly,
then
it
seems
there
are
unlimited
possibilities
and
then
the
people,
then
it's
very
fulfill
the
current
crypto
traders
taste
because
they
are
not
interested
in
something
cover
like
a
fixed
price
value
like
they
know,
this
thing
will
have
a
increase
like
a
20
percent
every
month
and
they
will
have
a
stadium
return.
They
are
not
interested
people
in
crypto
space.
They
are
interested
in
like
100
times
1000
times.
C
B
How
to
get
those
100
1000
times
that
is,
that
is
based
on
like
how
far
you
can
imagine,
and
then
this
yeah,
so
so
that
means
that,
if
you
pre-set
all
the
things,
then
it's
kind
of
a
limited
people's
imagination
and
then
at
the
same
time
they
won't
expect
that
that
is
a
hundred
thousand
times
return
wow.
So
it's
a
it's
very
interesting
combination,
as
I
mentioned
the
founder
is
who
make
the
wine,
so
he
definitely
understand
the
social
media.
B
How
to
what
is
the
people
want
to
see,
and
also
also
how
to
do
those?
Those
are
very
information
passing
those
those
kind
of
things,
and
also
this
is
not
like
a
stubbornness
success.
B
He
he
made
some
other
nft
project
before
and
and
there's
some
similar
concept
like
that
he
even
make
one
project
with
which
is
even
more
empty
than
than
loot.
Loot
is
like
they
did.
They
gave
a
very
brief
background
story
background,
and
then
they
gave
a
very
abstract
items
that
is
purely
by
text,
even
without
the
graphic,
but
but
before
this
he
actually
did
something
even
abstract,
but
that,
but
that
project
didn't
go
to
anywhere.
B
B
He
popped
the
very
best
spot
and
then
instantly
it
boom.
But
at
the
same
time
I
I
do
see
there's
a
lot
of
what
they
call
crypto
influencers.
Those
qls
is
helping
with
broadcast
the
information
share,
their
thought.
It's
just
it's
a
little
bit
too
quick,
because
normally,
if,
if
a
product
launch,
people
need
to
do
some
research
and
then
you
can
write
those
very
long,
article
or
very
long,
tweet
strap.
But
this
time
it's
like
they
launched
a
project
today
in
the
afternoon,
there's
a
boom
boom
boom
boom.
A
Yeah,
this
is
just
fascinating
to
me.
I
I
can't,
and
I
can't
believe
that
a
creator
could
create
this
project.
It's
literally
text,
it's
literally
a
jpeg
with
text
on
it
and
they
were
free,
the
min
the
whole
the
whole
launch
was.
It
was
interesting.
He
he
set
them
up
made
it
free
just
have
to
mint
it
pay
gas
and
then
immediately
they're.
You
know
selling
for
like
25
eth,
and
it's
just
unbelievable,
unbelievable
to
me
that.
B
Is
also
another
another
kind
of
important
element
if
you're
looking
back
so
the
purew
network,
bitcoin
ethereum,
is
kind
of
like
a
fair
launch.
That
means
everyone
can
participate,
your
mining
you
got
reward
and
for
the
most
popular
d5
project
in
the
in
the
previous
wave,
the
most
popular
one
is
doing
a
so-called
fair
launching.
That
means
everyone
starts
from
the
same
place
for
the
for
the
for
the
creators
for
the
team.
I
don't
claim
ownership,
I
don't
do
pre-mine.
B
I
don't
reserve
tokens
everyone
on
the
same
page
to
start
and
they
become
very
successful
and
for
this
the
loot
is
kind
of
same
they.
Don't
they
because
they
don't
claim
the
ownership
and
they
don't
do
those
they
don't
sell
it.
So
that
means
that
it's
it's
not
like,
they
make
a
product
or
service
they
sell
to
the
customer.
No,
they
kind
of
put
on
something
and
then
trying
to
let
everyone
have
an
ownership
feeling
on
that
and
everyone
on
the
same
starting
point.
B
So
that
means
that
they
are
not
benefit
in
terms
of
a
finance
reward.
They
are
not
benefit
more
from
other
people,
but
of
course
they
gain
huge
reputation
and
a
huge
influence
power
on
the
project.
That
is
another
thing,
but
but
people
seems
more
willing
to
participate
in
this
type
of
more
kind
of
a
fairway
project.
A
Yeah,
it's
also
very
attractive
to
newcomers
if
they
can
get
an
nft
for
just
the
gas
and
have
this
thing
go
up
to
where
fifty
thousand
dollars
or
and
up
in
just
a
few
days.
That's
it
makes
it
very
attractive
for
people
and
he's
a
very
smart
person.
His
name
is
dom
on
on
on
twitter,
very
interesting
and
fascinating.
It
seems
like
it
was
experiment
and,
like
you
said,
he
was
experimenting
before
what's
interesting.
A
To
me,
though,
is
that
it's
not
explicitly
defined
as
an
art
nft,
and
it
seems
that
it's
actually
being
defined
as
as
more
like
a
gaming
or
metaverse
nft
or
to
me
it
does,
but
I
don't
think
it
matters
at
the
end
of
the
day
right.
So
you
you
mentioned
that
you
mentioned
to
me
before
the
interview
that
you
had
an
answer
to
lute's
technical
vision.
Lutz
has.
Maybe
what
was
what
is
the
the?
What
are
some
of
the
technical
issues
that
loot
is
currently
dealing
with
that,
in
your
opinion,.
B
So
so
the
thing
is
they
actually
provide
a
background
or
you
can
see
they
they
kind
of
like
a
user-generated
ip
building
process.
So
that
means
all
the
all
the
stories
all
the
items,
all
those
characters,
all
those
things
it
may
generate
it
by
user
and
also
there
may
there
may
not
be
like
a
one
game.
B
There
may
be
hundreds
of
different
games,
so
so
different
game
provide
different
experience
for
all
those
loot,
token
holder
or
loot,
derivative
token
holder
or
whatever
other
token
holder,
which
is
related
to
the
same
ip,
so
so
that
is,
that
is
what
happening
now
and
what
the
division
to
happen.
B
So
everyone,
like
everyone,
coming
to
build
this.
This
story
this
ip
together
and
then
there
will
be
some
challenge,
for
example,
whether
the
token
can
be
portable
across
different
game.
So
you
have
a
loot
in
this
loot.
You
have
eight
pieces
of
item
and
you
break
it
down
now.
That
part
is
okay.
You
break
it
down
into
eight
pieces
for
that.
You
can
easily
lock
the
load,
loot
back
and
then
use
another
contract
to
mean
eight
separate
items
representing
separate
and
ft.
B
B
But
when
you
go
into
the
game,
a
word
for
game
a
to
understand
what
is
this
sword
means
he
need
to
have
the
full
knowledge
of
this
one.
So
not
only
the
not
only
the
knowledge
on
blockchain
itself,
because,
as
I
mentioned
on
blockchain
is,
it's
only
recalled
the
ownership
and
also
the
transaction
rules
of
this
one,
for
example
like
what
is
the
color
of
this
one?
How
heavy
is
it?
What
is
the
magic
attached
with
it?
What
is
the
function?
How
to
use
it?
What
is
the
like
the
attacked
power?
B
How
easy
it
can
be
break
all
those
things
they
are
not
stored
on
blockchain,
so
this
also
is
important.
Otherwise,
while
you
are
in
game
a
it's
a
you
have
some
function
like
game
b:
you
don't
have
those
functions
so
so
we
need
to
make
the
full
knowledge
of
this
world
portable.
Not
only
the
smart
contract
part
then
how
to
make
the
extra
knowledge
portable
across
different
platforms.
B
So
this
will
be
a
challenge
they
will
face
it
and
and
one
of
the
solution
or
one
of
the
way
to
do
that
is
using
the
framework
we
proposed
called
the
token
script.
So
basically
you
can
basically
you
can
thinking
as
besides
the
the
knowledge
logic
slow
down
smart
contract.
You
also
have
a
kind
of
instruction
menu.
A
markup
file
for
that
token
serves
as
a
token
interface
and
that
file
can
be
signed
by
the
issuer
and
then
and
then
contain
all
those
knowledge
and
then
put
it
together.
B
It
has
a
full
token,
like
a
full
knowledge
token,
then
it
can
be
portable
across
different
platforms.
So,
while
you're
going
to
game
a
gaming
will
read
knowledge
from
the
blockchain
and
also
read
the
knowledge
from
the
fan
to
provide
you,
the
full
experience
that
kind
of
things.
So
that
is
the
token
script
part
and
and
as
I
mentioned
earlier,
how
to
how
to
open
your
loop
back
to
take
one
item
out
how
to
if
you
take
the
sword
out.
B
How
are
you
going
to
add
a
jewelry
like
a
magic
stone
into
the
into
the
sword,
to
make
it
even
more
powerful
all
those
things,
so
those
parts
can
be
achieved
through
our
remix
smart
contract,
so
that
is
mainly
for
for
for
that
function.
So
that's
why
I
said
this
is
kind
of
like
a
perfect
match,
so
we're
already
working
with
a
few
community
creators
who
willing
to
build
game
on
top
of
loot,
and
some
of
them
just
want
to
create
some
directive
items
like
create
some
digital
arts
based
on
the
root
concept
yeah.
A
Really
interesting
so
you're,
basically
taking
an
nft
which
is
otherwise
just
a
token
and
you're,
adding
a
layer
of
knowledge
to
it
like
it's
portable
and
can
go
from
one
game
to
another
to
another,
so
you
can
actually
use
your
game
items
in
different
games,
so
you
don't
actually
have
to
buy
it
again
to
use
it
in
a
different
game.
A
That's
fascinating!
I
never
thought
of
that.
I
don't
think
anybody's
thinking
about
that
right
now,.
B
B
If
you,
you
have
a
lefty
using
the
digital
art
as
an
example.
Currently
it
is
portable
because
of
the
the
the
image
standard
itself
like
jpg
png,
they
are
stabilized.
So
that's
why
your
token
is
portable.
For
example,
if
if
someone
created
a
new
digital
format
which
is
not
very
popular
and
they
they
mean
the
nftrs,
and
then
this
lefty
will
only
working
in
in
this
particular
warning
or
in
this
particular
browser
in
this
particular
website.
B
B
In
the
game
scenario,
this
is
much
more
complicated
and
even
in
the
real
world
scenario
is
even
more
complicated,
for
example,
the
tickets
thing
where
we
did
so
the
knowledge
of
how
to
actually
interact
with
the
gate
that
need
to
be
portable.
Otherwise,
I
transfer
my
tickets
to
you.
You
are
using
a
different
wallet.
B
You
cannot
go
into
the
gate
because
because
they
definitely
don't
have
the
other
half
of
the
knowledge,
he
can
only
recognize
the
small
country
part
because
small
countries
are
publicly
readable
and
they
have
a
standard
like
a
erc721
or
the
smart
congress
standard.
So
as
long
as
the
wallet
know
that
they
can't
be
able
to
display
the
balance,
they
say
the
name,
but
besides
that,
how
about
other
knowledge?
B
A
C
B
So
it's
part
of
alchemy
ft
now
so
under
arkham
eft,
there's
a
group
of
ethereum
ethereum-based,
smart
contracts,
doing
those
ownership
related
logic
like
remix
combinations,
separate
of
all
those
things
and
on
the
same
time
there's
the
token
script
framework
you
can
simply
thinking
as
to
add
another
interface.
For
the
token
to
be
able
to
connect
token
to
other
services
or
the
other
way
around,
you
can
synchronize
to
add
unlimited
utilities.
A
It's
so
what
what's
your
currently
what's
your
current
favorite
nft
project.
B
Man,
I
think
loot
is
it's
quite
interesting
and
of
course,
because
we
we
hold
some
loot.
We
will
say
that
that
is
the
interesting
thing
for
blockchain
yeah.
C
B
A
Yeah,
well
I
mean
it's
doing
very
well,
so
so
you
you've
collected
different
different
ones,
though
right
you
have
you've
collected,
I
know
you've
kryptopunk,
that's.
How
did
you
know
that
I
mean
you've
been
in
it
for
you've
been
in
blockchain
for
for
a
long
time.
A
B
It's
I
actually,
I
don't
treat
myself
as
a
good
investor,
although
we
can
see
the
we
believe
in
the
technology
vision.
So
we
see
what
will
happen
what
these
things
can
enable,
but
in
terms
of
we
what's
what
we
invested
in,
I
don't
think
I
can
give
any
good
advice,
because
for
me
most
of
the
lefty
I
collected
in
the
early
stage
in
like
a
late
2017-2018
is
more
for
experiment.
B
For
example,
cryptic
kt
come
up.
Oh
I
want
to
try.
I
bought
some
and
play
with
it
and,
like
a
super,
rare
is
online.
Oh,
it's
a
crypto
art,
so
I
bought
my
rps
and,
and
I
said,
multiple
projects
like
xc
come
up
in
2018
I
bought
my
oxy
to
just
have
a
track.
I
still
have
a,
I
think.
Hundreds
of
different
live
tees
from
from
from
that
age
and
recently,
when,
when
when,
when
this
this
time
the
lefty
wave
calming,
I
yeah,
I
don't
think
I
made
any
good
investment
it's
more
like.
B
B
A
It's
unbelievable
how?
How
has
the
demand
changed
since
2017?
Have
you
seen
obviously
you've
seen
a
lot
of
offers?
Now?
Was
it
like
that
in
2017
or
no.
B
Definitely
no
it's
a
it's
a.
I
have
to
say
exactly
the
same
account
and
I
can
trace
back
my
my
email
record.
It's
not
just
in
2017
even
into
2020.
I
hardly
receive
offer.
There's
zero
email,
zero
offer,
no
one
making
any
offer
to
any
of
my
lefty
collection
and
my
collection
didn't
change
much.
It's
purely
in
I
start
from
the
beginning
of
this
year.
B
B
When
they're
they'll
start
having
those
professional
trader,
investors
united
states,
professional
market
making
people
they
are,
they
are
doing
those
professional
work
to
make
the
market
for
empty
to
facility
to
trade.
A
Yeah,
so
you
you,
it
seems
that
your
your
edge
is
that
you
do
experiment
a
lot.
You
experiment,
you
see
something
interesting
and
you
just
go
in
you
know
you,
don't
you
don't
you
don't
speculate,
you
experiment,
so
I
think
that's
really
what
it.
What
is
the
the
secret
there?
But
if
you
were
to
say
like
the
for
the
future
of
tokenization,
what
are
the
different
like
we,
we
have
art,
we
have
gaming,
we
have
different
kind
of
right
now.
A
B
So
it's
for
those
are
that
they
in
eureka.
We
can
kind
of
characterize
it
into
one
big
stage.
That
is
the
digital
creature.
That
means
the
record
the
treatable
rights
related
to
digital
creation.
Maybe
the
treatable
right
itself
is
just
as
as
we
as
we
discussed
is
just
the
collectible
rights
or
maybe
the
digital.
B
The
rights
itself
is
representing
the
full
ip
rights
of
a
digital
creation,
or
maybe
it
can
representing
other
type
of
rights,
for
example
the
some
utility
rights
to
be
able
to
use
those
things
in
the
game,
all
those
things
it
can't
be
anything,
but
it's
currently
all
around
of
a
digital
creation
within
digital
creation
area.
We
see
those
digital
collectibles,
digital
art,
game
item
and
yeah.
B
Yeah
yeah,
I
see
any
type
of
digital
creation,
so
what
I'm
thinking
is
the
the
besides
those
existing
use
case,
even
just
for
the
digital
creation,
there
will
be
more
and
more
rights
being
tokenized,
for
example,
when
we're
doing
this
broadcast.
B
This
is
your
digital
creation,
you
own,
you,
you,
you
naturally
own
the
full
id
and
you
are
able
to
tokenize
this
full
ip
rights
with
one
lefty
and
on
the
same
time
you
can.
You
can
use
this
lefty
to
kind
of
authorize,
other
type
of
treatable
rights,
like
maybe
one
day
you
got
very
popular,
very
famous,
and
this
very
early
stage
broadcast
becomes
like
a
collectible
and
of
course
you
can
use
this
for
ip
rights
to
issue
collector
rights.
B
People
can
meet
other
lab
teams
which
represent
incredible
rights,
maybe
have
a
beautiful
picture
or
whatever
thing,
or
maybe
have
your
autograph
on
it
yeah
and
at
the
same
time,
maybe
there's
another
tv
channel
want
to
use
this
content,
and
then
you
can.
You
can
with
your
full
ip
right
token.
You
can
issue
another
t
token,
which
representing
the
commercial
rights
for
for
certain
usage,
and
you
you
sell
it
to
the
tv
channel
and
maybe
that
tv
channel,
maybe
it's
exclusive
rights,
then
other
tv
channels
also
want
to
have
it.
B
Then
they
can
be
reselled
peer-to-peer
and
their
carburities
for
you
all
those
things.
So
so,
basically,
once
you
make
a
digital
creation,
no
matter
what
format,
text,
radio
or
music
or
whatever
format
once
you
have
it,
I
I
I
mentioned
that
will
be
in
the
near
future.
There
will
be
while
created
that
content.
On
the
same
time,
the
creator
will
meet
one
lefty
or
main
entities
to
representing
different
type
of
treatable
rights
related
to
this
digital
creation,
and
all
those
lefties
first
thing
is-
can
be
treated
freely
in
the
market.
B
B
That
is
the
first
thing,
and
the
second
thing
is,
as
I
mentioned,
it's
a
it's
a
it's
an
integration
point
so
for
for
other
people
to
build
other
services
to
provide
other
services
to
the
token
holders.
So
it's
not
only.
For
example,
you
you
mean
one
commercial
rights
for
other
tv
channel
to
be
able
to
express
exclusively
using
your
content,
and
this
is
the
token
and
this
token
not
only
enable
them
to
use
these
rights
to
to
use
a
content
on
their
on
their
tv
show.
B
Maybe
there's
another
service
provider
also
want
to
provide
some
services
to
this
tv
channel,
but
this
tv
channel
need
to
prove
they
have
they
have
this
type
of
commercial
rights
from
you?
Then
this
token
becomes
the
integration
point.
They
can
prove
there's
a
verifiable
information
peer-to-peer
between
themselves.
So
it's
basically
enables
the
for
the
whole
service
market,
so
there
can
be
different
kind
of
third-party
utility
third-party
services.
B
I
did
in
to
the
token
you
issue,
and
these
things
come
back
kind
of
add
value
to
the
token
issue,
together
with
the
frictionless
market,
which
basically
highly
increased
the
liquidity.
So
these
two
things,
the
increase
of
liquidity
and
the
increase
of
utility
come
back.
Add
value.
To
the
token
you
issued,
the
treatable
rights
comes
from
your
digital
content,
which
come
back
to
actually
add
value
to
your
digital
creation,
and
you
just
need
to
define
like
a
new
business
model,
how
to
capture
those
value
increase.
Then,
then
you
can
be
benefit
from
it.
B
So
that
is
like
the
digital
creation,
digital
creation
stage,
and
I
think,
on
the
same
time
or
after
we
pass
this
stage,
then
it
will
be
more
related
to
like
a
physical
world
real
world,
for
example,
those
experiments
we
did
in
the
past.
We
we
totalize
the
coroner
shape
with
a
karma
automobile
and
ipoc,
also
be
being
redo
again
with
one
of
the
largest
car
manufacturer
in
japan.
I
cannot
say
the
name,
because
that
is
a
nda.
B
Well,
it's
a
it's
a
private
plc
to
prove
that
prove
the
concept
internally,
so
those
those
things
are
related
to
kind
of
physical
rights.
So
that
means
to
consume
or
to
redeem
or
to
realize
those
rights
they
will
require
other
services
or
other
things,
and
I
think,
maybe
not
digitalized.
Yet
it's
like
a
car.
B
When
you
go
to
an
insurance
website
as
a
car
owner,
you
don't
need
to
sign
up,
don't
need
to
sign
in
you,
don't
need
to
tap.
What
is
your
car
model?
You
don't
need
to
submit
documents
to
prove
you
are
the
real
owner
under
on
this
class
condition.
You
don't
need
to
submit
all
those
things,
because
all
the
information
is
carried
by
this
token
unless
and
those
are
very
affordable
information.
B
So
as
soon
as
you
go
to
a
website,
you
allow
the
website
to
read
the
information
that,
from
your
token,
they
have
the
full
contacts
and
instantly
they
give
you
the
right
inference.
Policy
now,
with
one
click,
deliverables
payment
happen,
you
get
insurance
policy,
they
got
the
money
and
they
don't
need
to
spending
time
to
verify
or
upload
the
pdf
documents
to
to
cross
check
with
other
parties
to
see
whether
those
things
are
real
or
not,
because
it's
already
verified
it's
proved.
B
So
so
then,
then
eventually
it
will
benefit
the
overall
economy
to
connect
the
what
they
call
real
world.
But
all
of
us
everything
is
real,
but
they
call
it
real
world
real
work
on
economy
to
connect
real
economy
into
the
into
the
blockchain
world
and
blockchain
itself
serves
as
the
common
trust
is
the
party
for
all
type
of
tradeable
rights
to
be
treated
freely
to
be
integrated
across
different
platforms.
A
Wow,
I
have
not
heard
it
put
it
that
way
before,
but
first
digital
creation
and
that's
going
to
be
tokenized
before
the
real
world.
Tokenization
interesting,
really
really
interesting,
and
thank
you
for
sharing
that
vision.
B
With
us
we
did,
we
did
many
real
world
the
same,
but
but
people
not
that
interested.
So
that's
why
we
think
it's
it's
still
too
much
early.
For
example,
we
did
the
decades
we
did
the
redeemable
wardrobe
we
did
the
car.
We
did
the
advertisement
ball.
We
did
the
time
token,
the
vip
membership
car
token.
B
All
those
airbnb
tokens
our
office
in
singapore
is
controlled
by
live
team.
So
each
cast
will
issue
them
elected.
Then
they
can
use
the
ip
to
to
prove
to
prove
to
the
to
the
to
the
iot
devices
and
to
open
the
door
close
the
door,
those
things
so
so
so
those
things
are
interesting,
but
we
think
this
will
be
step-by-step.
B
So,
starting
with
the
crypto
native
all
the
kind
of
derivative
syntactics
recreations
based
on
ethereum
or
baseline
existing
token,
those
things
will
happen
and
then
there
will
be
other
type
of
digital
creations
which
is
not
natively
created
by
blockchain,
but
they
are
at
least
they
are
in
digital
format.
So
it's
much
easier
to
link
with
the
blockchain
token
and
after
that
that
will
be
the
like.
The
next
stage
like
what
we
did
in
the
past
and
that
definitely
will
benefit
the
economy.
B
They
are
aiming
to
help
those
small
business
owners
and
the
way
the
solution
we
propose
we
have
is
we
allowed
a
coffee
shop
to
issue
coffee
water
and
those
coffee.
Water
are
nft,
not
vulnerable
token.
On
blockchain
and
I
begin
you
may
see
it's
a
stupid
idea
because
they
can
issue
other
digital
format
of
a
watcher
already
or
they
can
issue
those
the
paper
watcher,
but
they
can.
B
They
can
pre-sell
it
or
do
all
those
things,
but
but
that
is
not
not
not
the
case
after
they
tokenized
their
coffee
water,
each
like
tea,
representing
the
rice
to
redeem
a
physical
coffee.
So
it
has
certain
value
into
it.
Then,
of
course
they
can
do
pre-sale.
They
can
sell
it
to
their
customers
to
to
get
some
money
at
once
before,
even
before
they
provide
the
extra
coffee.
B
B
And
then,
on
the
other
side,
this
smart
contract
will
generate
securities
like
bond
for
other
investors
to
buy
those
security
to
support
this
business
or
to
treat
it
as
a
as
an
investment,
so
that
that
means
it's
kind
of
you
can
kind
of
thinking
as
the
coffee
shop
kind
of
tokenized
their
product
and
service,
and
they
can
use
those
tokens
as
a
as
a
as
an
asset
to
to
trade
it
or
to
use
it
in
the
blockchain
based
finance.
Work
gave
them
an
alternative
way
to
do
financing.
B
That
means
that
now
they
don't,
they
don't
have
to
go
to
the
bank
to
prove
their
income
or
other
things
to
to
borrow
money
from
the
bank
and
normally
the
bank,
not
that
interested
in
those
small
business.
Nowadays
they
can
use
their
own
credibility,
their
own
trust
to
to
guarantee
the
the
the
redeem
the
redeemable
of
those
coffee
virtual
and
then
turn
those
copy
virtually
into
a
blockchain-based
asset
and
then
use
those
assets
to
participate
in
the
blockchain-based
finance.
B
So
this
this
will
mean
will
means
a
lot
for
those
business
and
it
can
extend
to
any
type
of
product
service.
They
don't
have
to
be
a
coffee
shop,
it
can
be
a
a
a
supermarket
with
a
redeemable
watcher.
It
can
be
a
car
manufacturer,
but
the
car
token
itself
is
a
is
like
a
redeemable
watch
for
you
to
redeem
a
physical
car
and
it's
basically
kind
of
extensive
to
all
the
industries.
A
Yeah,
the
the
what
came
to
mind
when
you're
talking
about
is
you
can
issue
stocks
in
the
form
of
nfts,
because
there's
certain
number
of
stocks
out
there
and
you
know
they're
yeah.
I
mean
why.
Why
wouldn't
why?
Don't
you
want
us
tokenize,
a
piece
of
your
company.
B
Because
when
we
see
why
the
weather,
the
rights
related
to
that
token,
have
to
be
used
as
a
whole,
if,
for
example
like
in
my
tickets,
you
need
to
use
it
to
use
the
rights
as
a
whole,
you
cannot
use
half
to
a
time
event.
Then
you
use
non-vulnerable
token
to
recall
those
rights
but,
for
example,
the
ownership
of
a
company.
It
can't
be,
it
can't
be
cut
it
into
a
limited
pieces
and
even
if
you
own
0.001,
that
is
still
something
you
don't
have
to
own
the
full
company.
A
A
It's
going
to
take
a
long
time,
yeah
yeah,
what
I
mean
how
many
years
do
you
see
how
many
decades
into
the
future
is
this
going
to
take
for
the
world
to
become
completely
tokenized
and
or
if
everything
can
be
tokenized?
How
many
decades
do
you
think
will
take
to
get
there?
I
don't.
B
C
B
Amazon's
a
bookshop
for
internet
and
until
now
they
become
aws.
We
always
want
to
be
that
aws
and
also
to
fund
our
bookshop.
But
that
is
not
not
something
easy.
So
that's
why
we
are
doing
a
lot
of
experiments
trying
so
many
different
kind
of
products
and
and
yeah
on
one
hand
we
do
see
these
things
will
happen.
It
will
definitely
will
happen,
I
mean,
and
we
believe
it.
B
So
it's
very
hard
to
predict,
but,
as
I
say,
there
are
at
least
like
a
maybe
five
to
ten
years,
because
currently
it's
still
considered
super
early
stage,
there's
so
many
meeting
pieces
to
really
make
those
those
things
happen.
For
example
the
the
coffee
shops
that
I
explained
it
sounds.
It
sounds
simple,
but
there's
so
many
break
point
in
this
hole
in
this
whole
thing
to
make.
B
It
really
happen,
for
example,
the
key
management
tools,
the
wallet
user
experience,
all
those
things
how
to
let
people
managing
their
own
private
keys,
how
to
let
them
know
they
are
interacting
with
the
blockchain
how
to
maintain
the
same
level,
use
exp,
internet
user
experience
for
those
people
who
already
familiar
with
internet-based
services
so
yeah,
and
also
how
to
maintain
the
privacy.
That
is
also
a
very
big
topic,
because
blockchain
itself
is
against
privacy.
Everything
is
public,
so
how?
B
How
can
we
use
it
for
business
logic
where
require
privacies
there's,
so
many
things
need
to
be
solved
before
we
can
really
having
all
those
use
cases
and
to
solve
all
those
things.
It's
not
possible.
Sorry,
it's
not!
It
is
not
impossible.
It
is
definitely
possible.
It
will
just
require
a
lot
of
research
and
engineer,
work
and
also
the
a
few
breakthrough
in
the
in
the
technology
side,
and
then
eventually,
we
will
be
there.
B
This
is
because
we
got
our
team,
have
the
experience
with
with
the
largest
bank
in
australia,
so
so
among
those
20
bank
related
project,
they
all
working,
they
all
benefiting
the
service,
the
other
service
providers
and
also
benefiting
consumer.
Definitely,
but
on
the
same
time,
one
thing
is
those
solutions,
not
benefiting
bank
itself
very
much.
They
don't
generate
extra
revenue
and
the
second
thing
is
to
go
down
on
that
path.
B
To
further
develop,
no
matter
which
solution,
it
will
all
lead
into
one
hand,
which
is
remove
the
bank,
no
more
bank,
because
the
bank
itself
serves
as
the
biggest
trustee
party
in
the
finance
world.
So
they
are
the
tester
for
testing,
so
many
different
assets
to
to
guarantee
so
many
different
transactions
happen
and,
and
naturally
people
is
naturally
different
kind
of
a
blockchain
solution.
B
They
they
are
kind
of
replacing
this
translational
party
to
trust
blockchain
instead
of
trusting
them.
So
so
all
the
solutions,
although
they
are
they
work,
they
can
benefit
other
party
besides
the
bank,
but
but
it's
the
lead
to
the
to
the
end,
which
is
replace
them
so
so,
after
after
we
develop
all
those
things,
they
just
put
all
those
things
in
the
in
the
safe.
They
keep
it
as
a
competitive
advantage.
B
B
They
are
benefiting
from
being
the
integration
center,
so
they
are
the
biggest
trusted
third
party
in
our
internet,
so
they,
for
example,
you
log
in
with
google
on
so
many
different
platforms.
So
they
are
the
party
to
verify
for
testing
these
things
and
all
the
other
services
is
integrated
into
their
platform,
and
that
is
how
they
build
up
their
business
model.
B
So
if
we
say
okay,
let's,
let's
do
a
like
a
login
with
ethereum
to
get
rid
of
google
or
if
we
say,
let's
do
a
decentralize,
the
integration.
B
Let's
remove
this
centralized
integration
platform
to
move
the
integration
point
to
the
on
the
user
side,
then
they
lost
the
most
valuable
thing
they
have
so
so
it
would
be
very
challenging
for
them
to
to
to
really
do
something.
Of
course
they
will
be.
They
are
doing
something
and
they
will
do
something,
but
will
be
fundamentally
very
challenging
for
them,
because,
ultimately,
they
think
it's
replacing
their
position.
A
You
know
for
some
reason
I
never
thought
of
it
like
that.
I
never
thought
of
it
like
that.
That's
thank
you
for
enlightening
me
on
that.
It's
really
a
it's
like
really
a
conflict
of
interest
for
banks
and
big
tech
to
be
working
on
this
technology
and
so
therefore,
the
effort
that
they
put
into
it
the
work
that
they
put
into
it
they're
gonna,
keep
it
to
themselves
and
they're
gonna
try
to
build
a
competitive
advantage
with
it
so
that
they
don't
lose
their
advantage
right
now.
A
It
makes
a
lot
of
sense,
but
I
hope
that
some
kind
of
shift
in
the
paradigm
of
thinking
changes
in
society,
and
you
know
really
what
I
think
is
to
be
come
down
to.
Is
you
know
what
caused
people
to
be
more
willing
to
meet
online
and
you
know
order
food
online
and,
using
you
know
all
of
this.
This
technology
we
have.
We
had
a
lot
of
people
were
reluctant
to
that
prior
pre-covet.
A
Nobody
wanted
to
do
online
meetings,
nobody
wanted
to
go
on
the
camera
and
talk
like
me
and
you're
talking
right
now
and
then
the
event
occurred,
and
that
was
the
catalyst
for
all
of
that.
So
I
think
the
reason
why
we
can't
see
so
far
into
the
future,
or
when
are
these
things
we
don't
know
what
kind
of
events
are
going
to
happen.
We
there's
going
to
be
some
kind
of
catalyst
events
that
will
cause
the
will
force
the
solution
to
come
out
and
that
will
prioritize
it
for
us
and
tell
us
what
we.
C
A
Be
working
on
so
I
got
that
insight
just
from
hearing
listening
to
you
talk,
so
thank
you
for
sharing.
B
C
B
So
that
means
that
that
will
be
like
a
first
car
manufacturer,
first
coffee
shop
and
then
first
car
manufacturer
start
to
totalize
their
product
services
and
they
purely
doing
finance
based
on
blockchain.
And
then
those
things
will
grow.
Grow
grow
grow
eventually,
all
those
like
a
product
service
provider,
ice
holder
like
a
property
owner,
all
those
other
people
they
using
blockchain
to
record
their
ownership
and
they're
using
blockchain
to
do
their
finance
and
then
there's
a
no.
B
A
You
know
I
just
thought
of
you
know
when
I
said
stocks
earlier
I
was
thinking
you
know.
I
really
should
have
said
issuing
debt.
I
really
should
have
said
bond
issuing
because
you
can
issue.
I
think
the
tokenization
of
bonds
might
be
something.
What
do
you
think
about
that?
Yes,.
B
Bond
have
to
bond
is
a
good
use
case
for
nft,
because
each
pound
have
a
very
different
category.
So
it's
it's
more
complex,
more
complex
compared
with
those
standard
standardized
assets,
so
that
can
be
something
and
it's
guaranteed
by
the
by
the
by
the
better,
by
the
by
the
company
itself.
C
B
There
is
a
highly
regulation
related.
That's
why,
in
the
coffee
shop
example
is
kind
of
smart,
we
are
not.
The
the
the
coffee
shop
is
not
issuing
bond
directly,
so
they
are,
they
are.
They
are
usually
tokenize
the
product
service
and
then,
and
then,
with
the
help
of
like
a
third-party
smart
contract
and
that
smart
contract
even
don't
have
a
entity
behind
it's
just
a
smart
contract
on
blockchain.
There's
no
way
for
regulators
to
regulate
it,
because
there's
no
people
behind
and
the
smart
country
itself
just
keep
running
there.
B
With
that
smart
contract,
the
the
coffee
shop
owner
can
easily
securitize
it
the
the
coffee
watch
into
a
bond,
and
then
they
are
not
the
they
are
not
the
bank
issuer.
They
just
use
this
as
a
smart
contract
and
if
the
based
on
the
based
on
the
existing
regulation
structure,
the
regulator
need
to
need
to
regulate
that
smart
contract,
because
that
smart
contract
issued
about
actually
so
by
doing
this.
B
A
Yeah,
so
we're
we're
still
too
early
for
something
like
that,
but
but
another
idea
I
thought
it
was.
You
know
elon
musk.
He
could
issue
allocations
for
his
for
his
vehicles,
like
he's
a
car
manufacturer.
So
it's
like
you
know
here
you
can
buy
an
allocation.
There's
only
going
to
be
a
thousand
of
these
cars
made
10
000,
tesla
trucks
or
something
you
buy
this
the
allocation
for
that.
A
B
Saying
not
actually
not
actually
a
vehicle.
That
is
exactly
if
you're,
looking
at
the
all
existing
online
e-commerce
platform.
So
by
the
time
you
place
an
order.
What
exactly
you
are
buying
now
in
their
system,
you
can
thinkingless
in
their
system.
They
they
transfer
the
ownership
of
a
token
to
you
and
that
token,
representing
the
rights
for
you
to
redeem
the
actually
physical
product.
B
B
So
that
means
that
you
can
you
can
you
can
you
can
you
can
you
can
actually
hold
that
that
right
and
you
can
actually
resell
it,
not
only
just
redeem
it
on
that
platform,
so
that
will
enable
the
so
much
more
other
services.
C
B
A
I
really
am
very
excited
for
the
future.
I
think,
having
this
conversation
with,
you
really
filled
in
a
lot
of
sort
of
vague
areas
and
really
filled
in
color.
You
know
putting
a
lot
of
color
to
my
idea
of
what
nft
is.
Can
you
give
us
a
brief,
maybe
description
of
the
the
future
of
the
alchemy
nft
growth?
What
is
the
vision
for
alkaline
ft?
I
know
you
have
a
plan
for
the
next
few
years.
Maybe
you
can
tell
us
a
little
bit
about
that.
B
That
means
that
they
can
use
the
the
argument:
ft
smart
contract
to
to
record
ownership
of
a
certain
shade
garage
to
define
transaction
rules
and,
on
the
same
time,
to
use
token
script
to
give
the
token
a
portable
interface
and
to
add
all
kinds
of
different
utilities
into
that
token.
So
that
is
on
the
long
term.
I
know
the
short
term
is
currently
this
time.
We
don't
want
to
be
too
early
ahead
of
the
market.
We
want
to
be
more
focused
on
what
is
the
current
market
so
far?
B
That's
why
we
build
this
autograph
and
ft
product,
so
that
is
highly
focused
on
collectible.
So
if
you
see
collectible,
then
one
of
the
most
powerful
and
simple
collectible
is
autographed
from
another
people
and
since
we
are
in
digital
space,
the
autograph
can
even
come
from
another
thing.
So
you
can
have
autograph
from
coca-cola
that
is
possible,
so
so
yeah
and
you
can
attach
that
autograph
to
whatever
left.
You
have
and
then
instantly
to
add
value
to
that
autograph.
C
B
Is
the
first
product
we
already
launched
on
siri
and
also
on
polygon,
and
after
that
we
have
a.
We
have
a
line
of
several
other
products
as
well,
which
is
also
built
on
top
of
academy
and
and
for
argument.
We
do
have
a
token
and
applies
to
have
a
public
token
sale
in
this
year,
but
the
date
is
the
to
be
confirmed
and
yeah.
So.
A
We'll
definitely
be
looking
into
that.
Do
you
know?
Where
will
you
be
in
publishing
the
information
about
that.
B
There
will
be
many
through
arcmeft
twitter
under
this
court.
A
Okay,
I'll,
be
sure
to
link
that
also,
I
noticed
you
guys
just
had
raised
six
million
dollars
to
set
up
a
nft
platform
was
that
is
that
new
is
that
recent.
B
This
we
announced
the
news
recently,
but
actually
the
fund
raising
is
done
by
april.
C
B
We
just
reserved
that
the
pr
we
also
we
want.
We
want
that
pr
to
help
the
drive
the
adoption
for
autograph
90
product.
So
that's
why
we
released
the
pr
together
with
the
autograph
nft
product
yeah,
and
we
are
quite
lucky
to
have
several
very
visionary
and
reputable
investors
like
a
markup
like
a
framework
mechanism
like
a
crypto.com
crash,
key
longhaash,
bambushi
or
b
exchange.
Ok,
ex
exchange,
yeah.
A
Yeah,
I'm
going
to
link
that
article.
Oh
I'll,
probably
link
your
medium
blog
there,
because
that's
where
I
found
that
but
yeah
congratulations
on
raising
six
million
dollars
from
some
of
these
big
name:
investors
like
mark
cuban
crypto.com
and
adobe
exchange
and
all
these
big
names.
So
congratulations
on
that.
So
I
know
you
we
already
talked
about
your
twitter.
You've
got
a
lot
of
good
stuff
on
there.
A
I'm
gonna
link
that
in
the
description
so
make
sure
you
guys
check
out
his
his
twitter
and
was
there
any
any
other
places
that
you'd
like
us
to
there.
Any
other
resources
you'd
like
us
to
check
out.
B
So
so
here
is
the
token
script
design
paper.
So
it's
basically
explained
all
our
vision
in
much
more
details.
So
it's
not
very
technical,
so
most
of
the
people
can
understand,
but
it
will,
but
it's
just
a
little
bit
too
long,
so
it
will
take
some
time
for
people
to
read.
So
if
you're
really
interested
in
tokenization
see
the
similar
vision
and
want
to
learn
more
this,
this
definitely
is
the
best
thing
to
read.
A
Okay,
I'll
include
that
as
well.
Well,
that
was
a
very
enlightening
conversation
victor.
Thank
you
so
yeah.
Thank
you
so
much
for
coming
on
the
show
and
hope
to
be
able
to
get
you
back
on
at
some
point
in
the
future.