为什么NFT有价值？

NFT是已经成为创新象征又是怀疑对象的现象之一。

Non-fungible tokens (NFTs) have become a hot topic in recent months, as their unique properties and potential use cases have captured the attention of both tech enthusiasts and financial experts alike. However, despite the hype and interest, there is still some confusion about what NFTs are, how they work, and, most importantly, why they have any value.

近几个月来，毫无原则的令牌（NFT）已成为一个热门话题，因为它们的独特属性和潜在用例都引起了技术爱好者和财务专家的关注。但是，尽管炒作和兴趣，但仍然对NFT是什么，它们的工作方式以及最重要的是为什么它们具有任何价值仍然存在一些困惑。

To understand the value of NFTs, it’s crucial to consider the context in which they exist. In the physical world, scarcity and uniqueness are key factors in determining the value of an asset. For instance, a limited-edition print by a famous artist or a rare collectible item will typically command a higher price than a mass-produced product.

要了解NFT的价值，考虑它们存在的上下文至关重要。在物理世界中，稀缺性和独特性是确定资产价值的关键因素。例如，著名艺术家或稀有收藏品的限量版印刷通常比大量生产的产品更高的价格。

However, in the digital realm, scarcity and uniqueness are more difficult to achieve. Any digital file can be copied and distributed infinitely, rendering the concepts of limited supply and original content meaningless. This poses a challenge for assigning value to digital assets in the same way that we do to physical assets.

但是，在数字领域，稀缺性和独特性更加难以实现。任何数字文件都可以无限复制和分发，从而使供应有限和原始内容的概念毫无意义。这构成了为数字资产分配价值的挑战，就像我们对物理资产相同的方式。

Enter NFTs. Non-fungible tokens are unique cryptographic tokens that exist on a blockchain, the same technology that underlies cryptocurrencies such as Bitcoin and Ethereum. Each NFT is irreplaceable and has a distinct code that sets it apart from other tokens.

输入NFT。不可杀死的令牌是在区块链上存在的独特加密代币，与比特币和以太坊这样的加密货币为基础的技术相同。每个NFT都是不可替代的，并且具有不同的代码，可以将其与其他令牌区分开。

At the most basic level, an NFT is a way to tag a digital object and mark it with ownership. It’s not the image, music, in-game item, or certificate itself—it’s a token on the blockchain that references the object and confirms its origin, owner, and potentially terms of use.

在最基本的层面上，NFT是一种标记数字对象并用所有权标记它的方法。这不是图像，音乐，游戏中的项目或证书本身，而是区块链上的令牌，它引用对象并确认其起源，所有者以及潜在的使用条款。

This capability to create scarcity, programmatically set the legal status of an asset, and integrate it into decentralized applications gives NFTs several properties that make them valuable in a technical and economical sense.

这种能力造成稀缺性，通过编程方式设定资产的法律地位，并将其整合到分散的应用程序中，从而为NFT提供了几种属性，使它们具有技术和经济的意义。

Technical Uniqueness

技术独特性

NFTs are created using smart contracts, small programs that execute specific tasks when certain conditions are met. These contracts can be used to define the supply of NFTs, their attributes, and the rules for transferring ownership.

NFT是使用智能合约，小程序创建的，这些程序在满足某些条件时执行特定任务。这些合同可用于定义NFT的供应，其属性以及转让所有权的规则。

For example, a smart contract can be programmed to mint only 100 NFTs, each with unique combinations of traits like an image, animation, or descriptive tags. It can also set a royalty fee that will be paid to the original creator with every secondary sale of the NFT on marketplaces that respect EIP-2981 standard.

例如，可以将智能合约编程为仅铸造100个NFT，每个NFT都具有图像，动画或描述性标签等特征的独特组合。它还可以设定特许权使用费，该费用将支付给原始创作者，而NFT的每次二次销售都在尊重EIP-2981标准的市场上。

This scarcity and uniqueness are crucial for assigning value to digital assets. In a world where any file can be copied and distributed infinitely, NFTs provide a way to create scarcity and assign legal status to a specific instance of a digital object.

这种稀缺性和独特性对于为数字资产分配价值至关重要。在一个可以无限复制和分发任何文件的世界中，NFT提供了一种创造稀缺性并将法律状态分配给数字对象的特定实例的方法。

Contextual Relevance and Market Perception

上下文相关性和市场感知

The value of NFTs is also influenced by the context in which they are created and sold, and how they are perceived by the market. For instance, an NFT art collection that is promoted by a major influencer or sold at a high-profile auction will likely command a higher price than a collection that is created by an unknown artist and sold quietly on a small marketplace.

NFT的价值也受到其创建和出售环境的影响，以及市场如何看待它们。例如，由主要影响者推广或以备受瞩目的拍卖出售的NFT艺术品收藏可能会比不知名艺术家创建的收藏品更高，并在小市场上悄悄出售。

Moreover, NFTs can be used to represent membership in a private community, access to exclusive content, or the right to vote in a decentralized autonomous organization (DAO). These types of utilities can increase the demand for and, consequently, the value of NFTs.

此外，NFT可用于代表私人社区中的会员资格，获得独家内容或在分散的自治组织（DAO）中投票权。这些类型的公用事业可以增加对NFT的需求，从而增加对NFT的价值。

Finally, it’s worth noting that the value of NFTs is subjective and can vary widely depending on the individual's preferences and the criteria used for valuation. While some people might be interested in NFTs for their artistic merit, others might be more interested in their investment potential or utility in a particular ecosystem.

最后，值得注意的是，NFT的价值是主观的，可以根据个人的喜好和用于估值的标准而变化。尽管有些人可能会对NFT感兴趣其艺术价值，但另一些人可能会对他们在特定生态系统中的投资潜力或实用性更感兴趣。

Ultimately, the value of NFTs is determined by the market through the interaction of several factors: technical properties like scarcity and modularity, legal programmability of ownership and royalty, contextual relevance of the collection, and the perception and demand from the audience.

最终，NFT的价值取决于市场的相互作用来确定几个因素：稀缺性和模块化，所有权和特许权使用费的法律程序可编程，收藏的背景相关性以及受众的看法和需求。