DeGate is proud to partner with Bihu (http://bihu.com/), a premier crypto community with over 1 million users, creating a deep analysis of blockchain! This article is translated from Chinese and published with the permission of the author, SNAP FINGERS (https://snapfingers.com/).
Learn more about Loot from a physics perspective, full article link DeGate x Bihu: Understanding Loot from A Physics Perspective- Why it could be the ‘Wormhole’ of the Metaverse | by DeGate Team | DeGate | Oct, 2021 | Medium
What is Loot❓
Loot is an NFT project that is taking the cryptoverse by storm. Unlike other NFT collections, Loot is entirely decentralized and fully relies on the community to give it value.
Some key insights of the article
View point 1: Loot’s intention is to ‘connect’, the new NFT paradigm connecting isolated metaverse
View point 2: Loot, the first step towards a ‘unified field theory of the metaverse. Loot took the first step in this direction — to ‘find the gauge’. This is called metadata (the data used to describe the data.) in computer language. Once you have a unified equation that describes NFT, achieving the composability of NFT is as simple as 1+1