SVR NFTR-New World

SVR NFTR-New World:

New World - SVR-NFTR (Creator's first NFTR) | OpenSea opensea.io

NFT stands for Non-Fungible Token, essentially a form of digital token. NFR, on the other hand, stands for Non-Fungible Rights and represents a new model and pathway for digital transactions proposed to address domestic technological and legal issues in various fields of digital trading, with art as a prominent example.

Now, let's explore the similarities and differences between NFR and NFT，First, let's examine the similarities between NFR and NFT:

Both possess non-fungible characteristics, meaning that the data stored on the blockchain is unique, indivisible, complete, and independent.

Both utilize blockchain technology, offering advantages such as traceability, transparency, immutability, and the ability to prove ownership through timestamps. Even if works are copied and widely disseminated on the internet, ownership remains unchanged.

However, there are innovative changes from NFT to NFR, which can be categorized into two points:

Economic Model Change: NFT art assets exist online, with the focus on virtual assets in the digital realm. In contrast, NFR establishes a digital certificate model. Products to be put on the blockchain undergo third-party assessment, testing, and certification before being openly and fairly traded in the form of digital certificates. The emphasis shifts back to physical assets, and even if digital certificates are lost, it doesn't affect the physical work.

Fundamental Change: NFT highlights the "token" aspect, while NFR emphasizes the "rights"functionality. Unlike NFT, which is fundamentally a digital token, NFR is a digital artwork that does not employ any tokens. It comes with a robust legal regulatory framework and authentication mechanism, ensuring legality and compliance and effectively safeguarding investors' rights.

Close Integration of Physical and Virtual Environments

NFR is rooted in the physical world and doesn't solely pursue virtual development. It connects virtual digital assets with assets in the physical economy, fostering synergistic development between the digital and physical economies.

Boosting the Physical Economy:

Different from NFT's "real aiding the virtual," NFR is "virtual aiding the real." In other words, NFR's development is geared toward empowering the physical economy in the virtual environment, rather than hollowing out the physical economy for the virtual world.Therefore, as a digital artwork, the value of NFR lies not in the digital means but is dependent on the intrinsic value of the artwork.

Utilizing Interchain Internet Technology:

Establishing global network governance, departing from traditional internet digital financial rules to avoid industry monopolies and protect data privacy.

Other Field Applications:

NFR isn't limited to the art field; it has extensive application possibilities in other domains such as film, music, gaming, digital creativity, agriculture, sports, education, intellectual property, and more.

In the face of challenges in the development of the digital and physical economies, we cannot solely develop one while neglecting the other. The relationship between the digital and physical economies is like the palm and back of a hand, mutually interdependent—neither can be lacking. Clearly, the fusion of the digital and physical economies is the inevitable direction of the future. In the age where everything can be digitized, the emergence of NFR bridges the gap between the digital and physical economies, offering a solution to the conflicts and contradictions between them.

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The first combination of NFT and NFR, the first NFTR-New World

Each SVR NFTR-New World holder will be entitled to receive the SVRPro device, which will become available for purchase in January 2024. Following the launch of SVRPro, each set of activated and used SVR Pro devices will generate a New World NFTR. Leveraging the seamless integration of the physical and virtual realms, this approach combines blockchain NFT virtual sales with advanced pre-sales of SVR products, thereby expanding the avenues for product distribution and sales. To further safeguard the interests of our loyal supporters, we have instituted a mechanism that coincides with the official launch of SVR product sales. For each minted NFTR (New World), 1,000 SVR TOKENs will be repurchased and subsequently burned. This gradual reduction in total supply enhances token scarcity and its intrinsic value. Our primary goal is to protect the rights and benefits of our early and steadfast SVR project supporters.

In line with the original mission of establishing the SVR Discord community, we are committed to providing generous free airdrops of SVRPro products to our early and dedicated community backers. Furthermore, our community members will receive rewards and have the opportunity to provide valuable feedback on product usage and suggestions for improvement directly to the SVR project team. This collaborative effort ensures swift product optimization, resulting in an enriched user experience for our market users. This, in turn, will yield more positive reviews, bolster sales, and continually expand our market share. The birth of an SVR NFTR - New World, the close integration of T+R and mutual empowerment. It is also another new chapter in the integration of blockchain and the real world in the new era.It also fully explains the meaning of naming this NFTR New World by Jake from the SVR team.