[NEWS IN-DEPTH] Non-fungible tokens gain attention: Analysis

대체불가능토큰 시장에 주목…성장 가능성과 주의할 점은: 대담

Non-fungible tokens or NFTs are drawing attention these days… for their profitability and originality.
So what are they.. and will they be a game changer for the content industry?
To find out more, we have Choi Hyung-uk, technology strategist, innovation catalyst… and CEO of LIFE SQUARE is with us.
Mr. Choi, thank you for joining us.

First of all, what is a non-fungible token or NFT?
How does it work based on block chain technology?

In what items can the NFT applied to? Perhaps, digital artworks, video clips or game content.
Could you tell us some real-life examples?

Why is it so profitable?
I heard sales of NFTs have reached some 25 billion U.S. dollars in 2021.
And Korean companies like Samsung and LG have unveiled their NFT TVs at this year’s CES.

What do you see as the prospects for non-fungible tokens, and also the risks?

Financial authorities are keeping a close eye on NFTs… whether or not to tax them.
Also, there’s been environmental issues surrounding the tokens… over too much electricity consumption.
What can you tell us?

That was Mr. Choi Hyung-uk, technology strategist… and CEO of LIFE SQUARE.
Thank you for your insights.

#NFT #content #industry

2022-01-13, 19:00 (KST)