1.2 About NFT

NFT represents ownership of digital assets and enables brands to enter the virtual world of the Metaverse, where we can buy and sell assets, goods, products, and services just like we do in the real world. With NFT serving as a vehicle for buying and selling collectibles and game items, businesses in the real world can enter the Metaverse（the emerging culture）through the NFT carrier to establish real business and experience.

Whether it is a game, a virtual museum, or a party space, every virtual world is built upon a programmed framework and enclosed within the intellectual property of its developer, rendering it very complicated or even impossible to transfer digital assets between different virtual worlds. However, NFT allows seamless transfer of objects between worlds, the first step towards the interoperable metaverse. Digital assets such as in-game skins, weapons, accessories, equipment, and even virtual real estate properties can exist in the form of NFTs and enter any virtual world with their owners and may even be transferred between the internet and the physical world.

The metaverse will provide more and more items for its residents to build a life that resembles the one they have in the real world. For example, it may have a place that can be called "home", some meaningful and valuable collectibles, or indeed anything that may improve the lives of its residents. All these items may unleash new possibilities and promote their owners' personal branding or social images.