[Comparative conversation] Why are NFTs so valuable?

Beeple's NFT artwork “Everydays: The First 5000 Days” sold for nearly $70 million, and the “NFT” concept became an instant hit. In addition to the art industry, sports stars, singers, and entertainer influencers have joined the market to play with NFTs, and the leading US media “Time” has launched its first magazine cover NFT auction. So why is this concept so lucrative? How long will the popularity of the NFT market last?

At 20:00 on March 24, Beijing time, Bituo Editor-in-Chief Susan Feng had an exclusive conversation with Han Feng, co-founder of Yilaiyun, and Wang Dong, founder of Looring (Looring), to discuss the significance behind the NFT market and others.

Broadcast time: March 24 at 20:00 Beijing time; March 24 at 08:00 EST

Guest introduction:

Susan Feng | Editor of Comparative Studies

Susan is a veteran media personality and joined Betty in 2018. I have reported on the 2008 financial crisis and the 2008, 2012, and 2016 US elections. He has a unique perspective on America's political economy. Susan has interviewed Buffett five times in a row since 2008, and was the first Chinese reporter to interview Buffett. Pioneering reports on Buffett and discussions on the Chinese economy have had a wide impact on the domestic financial community. Susan also interviewed Greenspan, President Clinton, former US national security adviser Brzezkinsky, former mayor of New York Bloomberg, and columnist “The World Is Flat” Fryderman. Graduated from Columbia University with a master's degree in international relations.

Han Feng | Co-founder of Yilaiyun

Han Feng is the co-founder of Yilaiyun. Visiting researcher at Columbia University, mentor at Tsinghua University iCenter, former blockchain consultant at the Huawei Research Institute, Secretary General of the Asian DACA Blockchain Association, US Oracle Education Foundation China Project Partner, Bitcoin Foundation Lifetime VIP Member, author of the bestselling books “Blockchain: A View of Quantum Wealth” and “Blockchain: From Digital Currency to Credit Society”.

Wang Dong | Founder of Luyin

Founder of Loopring. Former Google senior engineer and technical director, former senior R&D director of JD, cooperated with the former CTO of JD to establish Hejin Online (Internet Insurance Big Data Company) in Beijing and received investment from Red Dot Venture Capital.