NFTs EXPLAINED: A Primer on Non-Fungible Tokens for Crypto Beginners

NFTs, Non-Fungible Tokens, are a brand new sort of crypto asset, a kind of crypto artwork, that works utterly in a different way from the crypto you are used to. Whereas most inexperienced persons to Cyptocurrency are busy in search of lambos and the subsequent large coin, NFTs have quietly entered the scene and are trying increasingly more like the subsequent large factor (for the proper of investor). Whether or not they’re getting used for Crypto Artwork or one of many many different use instances, NFTs present large promise within the years forward. Here’s a starting primer with what you want to know.

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00:00 Introduction
01:04 Fungible Tokens as Cash
01:19 What’s Fungibility?
02:25 What’s a Non-Fungible Token
03:04 Why Non-Fungible Tokens and Digital Are Gaining Recognition
03:16 How Non-Fungible Tokens (NFTs) Work
04:02 Beeple’s Everydays: The First 5000 Days
04:17 Non-Fungible Tokens Use Instances


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