What Are NFTs and How Do They Work?
NFTs are non-fungible tokens that are digital assets that represent tangible and intangible items.
These can range from collectible cards, drawings, music, digital real estate, tweets, and much more.
NFTs are essentially designed to give you something that can’t be copied
In this video I explain:
– What are NFTs
– Characteristics of NFTs
– What are NFTs used for
– How NFTs work
– Examples of NFT Art
0:00 – Introduction
0:30 – What are NFTs and How Do They Work?
2:07 – Key Characteristics of NFTs
3:13 – Why Are NFTs Important?
4:50 – Why do NFTs have value?
5:55 – Digital Economy
7:25 – My Opinion On NFTs
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