The application of NFG, a marketing artifact combining virtual and real, in metaverse e commerce

Mondo Technology Updated on 2024-02-01

Hello everyone, today we are going to talk about NFG in metaverse e-commerce. First of all, we need to understand what NFG is. It is an abbreviation for non-fungible goods, which means non-fungible goods. These goods are unique and irreplaceable in the metaverse, such as virtual artworks, game props, etc.

So, what are the applications of NFG in the metaverse? First of all, it is used for product marketing that combines virtual and real. Brand companies can release products in limited quantities and market them in combination with the hot spots of the metaverse, which is more in line with the consumption thinking habits of young people. For example, there is a recent metaverse wine brand that achieved 2.4 million sales in just 90 minutes, with 3,720 circulations and a whopping 3,720 bottles and 620 cases. Not only that, the brand has also been promoted at the Shanghai high-speed rail station, and the high-speed rail train has empowered the brand value.

In addition, virtual and real property rights, which are inconvenient for direct transactions, can also be marketed through NFG. For example, antiques, jade, jade, woodland, forest rights, real estate, etc. These commodities are difficult to trade directly, but with NFG, they can be confirmed and traded securely in the metaverse.

At the same time, NFG can also be used for pure equity marketing to help the platform increase revenue. For example, **, franchisees, team leaders, dividend rights, regional operation centers, store entry rights, equity, etc. can all be combined with the concept of the metaverse to reflect fair and just marketing through NFG. In addition, NFG can also be used for commodity auctions, giving the auctioned goods a unique identification to ensure that the rights of the lot are confirmed in circulation.

So, what are the profit points of the digital collection system? First of all, the issuance of digital collections by the platform can be quickly realized, and long-term benefits can be obtained through transaction profit sharing. In addition, through the chain's copyright confirmation certification, a unique digital identity can be generated for the artwork. Creators can successfully confirm the right after submitting materials on the platform, and store the registration information on the chain. The platform can collect income such as the entry fee of the creator, the share after the sale of the work, and the handling fee. Digital collections are low, multiple copies can be published, and many collectors can buy a considerable amount of money together.

What are the functions that should be included in the development of a digital collection system? First of all, the login function is essential to ensure the security of user data and the confidentiality of assets. Secondly, artists or quality creators need to be involved in collaboration to promote the development of new things. At the same time, the platform should be transparent and secure to protect user information and ensure that users will not suffer monetary losses and information leakage on the platform. In addition, the transaction system is also one of the important functions, providing solutions such as wallet payment systems. Finally, collection sorting can help users find their favorite digital collections.

Overall, NFG in metaverse e-commerce is widely used, bringing new business opportunities and value to brands, creators, and platforms. With the continuous development of technology and the continuous expansion of the market, the application prospect of NFG will be broader.

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