Jay Chou also entered the game. What is the risk of 10000 NFTs being sold short in 40 minutes?

2021 is called the first year of "NFT" by many people. The development of NFT is an important breakthrough in the field of global blockchain this year. Nowadays, in addition to major enterprises, many star singers have joined the Bureau, and all kinds of trendy digital collections have begun to enter everyone's sight.

At 11:00 on January 1, 2022, the Ezek platform for fashion art entertainment experience officially began to release the limited edition NFT project. As soon as the sales channel was opened, a large number of users poured in, and the web page was once stuck. This NFT has attracted much attention, to a greater extent, because of the blessing of Jay Chou.

According to Ezek

On December 18, 2021, Ezek revealed that it would release the first NFT project phanta bear (phantom bear) under the joint trend brand Phantaci, with a maximum issuance of 10000, a unit price of 0.26 ether (about RMB 6200), and a total price of more than 62 million yuan. After sales today, phanta bear sold 3000 in 5 minutes, sold all in about 40 minutes, and burned about 300 ether coins. Phantom bear is a collection of 10000 digital collections generated by algorithms, which can also be used as the membership card of Ezek club. Each phantom bear has only one unique set of characteristics and unlocks different and unique access levels and privileges for its owner.

It is understood that Phantaci is a trend brand jointly founded by Jay Chou and his friend ric Chiang in 2006, and the little bear phanta bear with star eyes is the core IP of Phantaci brand. According to the official website, phantom bear NFT can also be used as the membership card of Ezek club. In the future, it can use its NFT tickets to enter the latest VR / XR virtual concert and related virtual real estate, and enjoy other online and offline rights and interests.

Screenshot of NFT products purchased by singer Lin Junjie according to the screenshot of trading platform opensea

According to relevant information, singer Lin Junjie also subscribed for a phantom bear. On November 23, 2021, Lin Junjie announced on twitter that he had purchased three virtual lands on decentraland platform and officially set foot in the meta universe. It is estimated that he spent about $123000 (about 787200 yuan) on the three "plots".

The full name of NFT is non fungible token, which is a non homogenous token in Chinese literal translation. It is a concept derived from blockchain. After being combined with works of art, works of art or other things can be uniquely identified. By marking the user's ownership of a specific asset through the blockchain, NFT can become a recognized tradable entity of this specific asset.

Since 2021, the NFT market has still ushered in explosive growth. Not only has it developed rapidly abroad, but domestic companies such as Tencent, Alibaba and NetEase have also launched NFT products. However, due to the advanced concept of NFT and unclear business model, it is also faced with policy or regulatory risks due to imperfect relevant legal systems, as well as unpredictable development risks in the future.

Ezek, the issuer of this NFT, also said in the disclaimer that this commodity is not a financial commodity or any investment and wealth management commodity, and the design purpose of the commodity is not for investment. Whether the purchaser purchases or sells this commodity, it is the behavior of the purchaser at his own discretion and responsibility.