What Are Non Fungible Tokens | NFTs Simply Explained

#WhatAreNonFungibleTokens #NFTsExplained #WhatAreNFTs

What's your view on what are non fungible tokens? Let us know in the comments below

Non-fungible tokens, commonly referred to as NFTs, are worth learning about and that's what we're going to discuss in today's video!

NFTs are unique cryptographic tokens that live on a blockchain. They can't be replicated!

These non fungible tokens can represent artwork, tacos, real-estate, music and even toilet paper!

By tokenizing these assets they can now be sold, traded and bought; while reducing the likelihood of fraud! Think of these digital tokens as certificates of ownership for any virtual or physical asset.

So should you invest in a Pop-Tart cat GIF?

Today we'll cover:

✅ NFTs Simply Explained
✅ Are NFTs a Scam
✅ Should you Invest in Non Fungible Tokens

The biggest thing you'll learn in today's video is what are non fungible tokens and is it worth investing NFTs

Minute by minute, here's what we cover in this video on:
👇 What Are Non Fungible Tokens 👇
0:00 What Are Non Fungible Tokens
1:35 NFT examples
2:00 Who created NFTs
2:41 Who can create an NFT
3:01 Most popular NFTs
3:38 Use Cases for NFTs
8:19 Benefit of NFTs
11:59 Are NFTs a Scam and Should you Invest

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[zeus-pmos]

Such a simple and brief explanation of what NFT is. Thanks!

[dudytheone]

I think NFT will be surely become the future. Like its essential to Art and Entertaiment industry. #dudyTheOne

[abbygailsmith]

So anyone can create NFT? How to apply with the coins?

[nicolejanebrown]

Great explanation, True anyone can create NFT but now you see a lot of trash in OpenSea. Great job!

[margauxevewhite]

Finally a channel that clear explaining NFT. 👍

[leifzeusbano]

Thanks for this. Somehow I clearly understand what NFT is.

[SidKck]

This video explained better than other ones. Thanks to this

[joshuarobinson]

More videos about NFT, please! I found this interesting.

[kobisvetlana]

Very well explained. I'd like to know more about NFT and I've seen this video. Thanks!

[markanthonywilliam]

I think NFT will be surely become the future. Like its essential to Art and Entertaiment industry.

[oceanrahl]

The voice turns me off.. I think because that kind of delivery is used for Home TV shopping. Is this an A.I?