Question: Question 2 (12 marks) (Word limits: no more than 300) Ca. - (Translation: This one at least has a value of $100,000!) (Ref: Trial &

Question 2 (12 marks) (Word limits: no more than 300) Ca. - (Translation: This one at least has a value of $100,000!) (Ref: Trial & Error Youtube) "Trial & Error, a very famous Youtube channel in Hong Kong, has recently launch their NFT (Non-fungible token) project: Trial and Error NTR. They mentioned that they intend to use the fund raised from the NFT to improve their products, and provide some exclusive contents to the NFT holder. The project was quite successful and the group has successfully sold more than 2000 NFT, which is equivalent to more than $10 million HKD. Most of the buyers do not have any experience / knowledge to NFT before, buy many of them believe the value of the NFT they bought will appreciate in the future. Based on what you have learnt from this course, discuss three possible concepts/theories to explain the above phenomenon. (12 marks) Question 2 (12 marks) (Word limits: no more than 300) Ca. - (Translation: This one at least has a value of $100,000!) (Ref: Trial & Error Youtube) "Trial & Error, a very famous Youtube channel in Hong Kong, has recently launch their NFT (Non-fungible token) project: Trial and Error NTR. They mentioned that they intend to use the fund raised from the NFT to improve their products, and provide some exclusive contents to the NFT holder. The project was quite successful and the group has successfully sold more than 2000 NFT, which is equivalent to more than $10 million HKD. Most of the buyers do not have any experience / knowledge to NFT before, buy many of them believe the value of the NFT they bought will appreciate in the future. Based on what you have learnt from this course, discuss three possible concepts/theories to explain the above phenomenon. (12 marks)
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