What is an NFT? (Non-Fungible Tokens Explained)

What is an NFT? A Non-Fungible Token, also known as a NFT, is a type of digital token or asset. A common analogy is to think of these as digital trading cards or digital paintings. When you buy an NFT, you are buying the rights to that specific asset. In this video you'll learn exactly what a non-fungible token is, and why they are valuable.

0:00 - 0:15 Intro
0:16 - 1:00 What is an NFT?
1:01 - 2:24 The Details of all Non Fungible Tokens
2:25 - 5:13 Why buy an NFT?
5:14 - 6:12 Buying Jack Dorsey's First Tweet
6:13 - 6:48 How popular are they?
6:49 - 7:52 Top 11 Most Expensive NFTs
7:53 - 8:44 Can someone copy your NFT?
8:45 - 10:13 How do you buy an NFT?
10:14 - 11:05 Where do you store your NFTs?

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[mltlondon]

When buying NFT'S 'it's important you understand what you are buying, a piece of data.' - I found this piece of information to be of most use. Thanks!

[sitisarahyahaya]

Among all videos watched on NFT, yours is the most simple & thoroughly elaborated. Finally, a true beginner guide. Love it bro, keep em coming!

[KeJoBlessedit]

Out of all the nft explanations and videos on here, you make it so simplistic. Greatly appreciated! I can understand it and be able to simply explain it to someone else who would just ask and not understand it. You’re

[peterebode]

I've started from bottom and I'm going all the way to the top..

Sorted your videos according to release date and I'm watching it from the first video, to your most recently released..

You really put in a lot of work in your videos, making stuff make sense, thanks a lot.

[tomdexter]

The best video thus far on the topic of NFT. The major reason for my up vote is that it addresses the what, WHY and how. Most other videos have explained the what and the how but not WHY. This one did. If this YouTube video creator has an NFT and creates excellent videos like this one and the buyer of that NFT gets access to, say, 3 other premium videos of theirs, then this NFT may rise in value!

[joeyy]

Trying to recruit some people IRL into NFTs and was looking for a video to send to them to help explain things. This is by far the best one I've come across. Fantastic work

[krisuwams]

Certainly on a mission to watch all your videos starting from bottom to top.

[sethm]

I just watched all 96 videos in your playlist. This channel is absolutely one of the best crypto-ed channels on the internet. Kudos.

[bobsportraitstudio]

Great job! This is the first video explanation of NFTs that I have watched.

[lenbeast]

This is excellent. The clearest simplification in a sea of complications. Thanks.

[gracewilliams]

Thank you, have been watching your channel for couple of weeks ago and it's really make sense and it really help me through..

[sadib]

Mark my words this channels gonna blow up... excellent animation and explanation... keep up the great work

[elvichuang]

I’m so happy to find this channel.
It is by far the best elaborated videos (in a really simple & funny way) that even dummies like me can understand, thank you!

[frtv]

Best explanation on NFTs I have seen yet

[fitzgeraldjk]

I had doubts at first, but after watching the video, it all worked!

[김현태메타버스월드]

This video explains NFT better than anything I've seen so far. Thanx for the video.

[Kavc]

I don't think I've ever gone out of my way to log in and like a video but you really made a fantastic video and really simplified a seemingly very complex new concept! I'm glad I could support this video by giving it a boost and I look forward to more videos from this channel :)

[seenitalready]

If this is a one or even a 3 person show - This is top quality!

Edit - Wow the free throw example tho? Impressive

[JupiMeow]

So if the server fails, my NFT becomes worthless because it's pointing to something that no longer exists?

[nebsonne]

I've searched for this info for so long n now I have it easily explained. Thanks a lot. Keep growing 💗💗