NFTs Explained In 8 Minutes | What Is NFT | NFT For Beginners | Should You Invest?
Автор: Ayushman Pandita
Загружено: 2021-12-20
Просмотров: 8090
Описание:
NFTs explained in 8 minutes. If you are a beginner investor and wondering what is all the hype regarding NFTs nowadays, then this video is a must-watch for you! In this video, we will talk about what are NFTs, what is all the hype around them these days, what does fungible and non-fungible mean, what does a non-fungible token mean, why do some NFTs are so valuable and so expensive, and whether as an investor you should invest in NFTs or not.
Recently you must have heard a lot of buzz around the NFT space. Most popularly you might have heard about Beeple's art getting sold for 69 million dollars, Jack Dorsey's first tweet being sold as an NFT, and recently about the Bored Ape Yacht Club which is a collection of 10,000 unique NFTs. After watching this video, you will understand what exactly are these NFTs and are they being sold for such expensive prices. We will also talk about what a beginner investor should do about investing in these assets.
An NFT, or non-fungible token, is a unique and non-interchangeable unit of data stored on a blockchain, a form of digital ledger. NFTs can be associated with reproducible digital files such as photos, videos, and audio. The most popular blockchain platforms that support NFTs are Ethereum and Solana.
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DISCLAIMER: This video is only for educational purposes only. Please conduct your own due diligent homework and research, and/or consult your financial advisor before investing your money. I do not have any professional financial qualifications or education nor am I a financial advisor. The information/facts present in this video have been presented after referring to multiple sources. However, there is always a chance of some factual error or inconsistencies in the information shared in this video. I apologize for the same beforehand and request you to reach out to me in case you find any such error.
Let me know what you think about this video in the comment section. Thanks!
Audio Credits: zapsplat.com
#NFT #NonFungibleTokens #BoredApeYatchClub
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