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What is NFT and How it Works? | Non Fungible Token | NFT Explained for Beginners
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With the creation of Bitcoin back in 2009, Satoshi Nakamoto would have probably never guessed that the world would buy digital, collectible CryptoKitties, Punks, Hashmasks, celebrity music, and so forth. And still, this is our reality today! And all of this is possible, only because of NFTs.
But what are NFTs and how do they work? Well, Non-fungible tokens (or NFTs) are digital assets that can represent ownership of a wide range of unique tangible and intangible items, from collectible sports cards to virtual real estate and even digital sneakers. To know more about its functioning, watch this video as it will help you understand exactly what is nft and how it works alongside answering famous FAQs related to the subject.
Video Walkthrough
0:00 Introduction
0:12 What is NFT Explained for Beginners
1:18 Examples of NFT Art
1:30 How does NFT work
2:40 Where to Buy NFTs
3:32 Are NFTs a Scam
4:09 Does an NFT grant copyright ownership
4:37 Are NFTs bad for the environment
5:24 What can an NFT be used for & what is the future
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Got feedback on this video of blockchain NFT explained for beginners? Feel free to share your views in the comment section below.
Let's get social!
#NFT #Crypto #Blockchain #BlockchainTechnology #Ethereum #Binance #Coinbase #Cryptocurrency #OpenSea #NFTs
But what are NFTs and how do they work? Well, Non-fungible tokens (or NFTs) are digital assets that can represent ownership of a wide range of unique tangible and intangible items, from collectible sports cards to virtual real estate and even digital sneakers. To know more about its functioning, watch this video as it will help you understand exactly what is nft and how it works alongside answering famous FAQs related to the subject.
Video Walkthrough
0:00 Introduction
0:12 What is NFT Explained for Beginners
1:18 Examples of NFT Art
1:30 How does NFT work
2:40 Where to Buy NFTs
3:32 Are NFTs a Scam
4:09 Does an NFT grant copyright ownership
4:37 Are NFTs bad for the environment
5:24 What can an NFT be used for & what is the future
Recommended Videos,
40+ NFT Terms To Know | NFT Terms 101 | NFT Glossary
What is Decentralized Exchange Explained
What is DAO in Crypto Explained
What is Web 3.0 Explained | Web 1.0 vs Web 2.0 vs Web 3.0 Crypto
What is DeFi in Blockchain | Decentralized Finance Explained
What are Smart Contracts in Blockchain, its Importance & How they Work
What is Sharding in Blockchain Explained
Got feedback on this video of blockchain NFT explained for beginners? Feel free to share your views in the comment section below.
Let's get social!
#NFT #Crypto #Blockchain #BlockchainTechnology #Ethereum #Binance #Coinbase #Cryptocurrency #OpenSea #NFTs
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