What is an NFT? (Non-Fungible Tokens Explained)
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- เผยแพร่เมื่อ 5 มิ.ย. 2024
- What is an NFT? A Non-Fungible Token, also known as a NFT, is a type of digital token or asset. A common analogy is to think of these as digital trading cards or digital paintings. When you buy an NFT, you are buying the rights to that specific asset. In this video you'll learn exactly what a non-fungible token is, and why they are valuable.
0:00 - 0:15 Intro
0:16 - 1:00 What is an NFT?
1:01 - 2:24 The Details of all Non Fungible Tokens
2:25 - 5:13 Why buy an NFT?
5:14 - 6:12 Buying Jack Dorsey's First Tweet
6:13 - 6:48 How popular are they?
6:49 - 7:52 Top 11 Most Expensive NFTs
7:53 - 8:44 Can someone copy your NFT?
8:45 - 10:13 How do you buy an NFT?
10:14 - 11:05 Where do you store your NFTs?
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Among all videos watched on NFT, yours is the most simple & thoroughly elaborated. Finally, a true beginner guide. Love it bro, keep em coming!
I don't get it! So does the NFT hold a crypto value that can be cashed out?
You echoed my exact thoughts 💭
Yes 🥰 he is the best
DUNKs is where you guys want to be at right now, such a chill community with lots of fun events, amazing devs, insane marketing professionals, I’ve never seen this combination before.
⭕ The NFT Lord ⭕
I've started from bottom and I'm going all the way to the top..
Sorted your videos according to release date and I'm watching it from the first video, to your most recently released..
You really put in a lot of work in your videos, making stuff make sense, thanks a lot.
I'm doing the same as well.
Started from the bottom now we here!
same here :)
Me too. From Dundee, Scotland Thank You.
Same here
When buying NFT'S 'it's important you understand what you are buying, a piece of data.' - I found this piece of information to be of most use. Thanks!
I don't get it! So does the NFT hold a crypto value that can be cashed out?
That is gold, but I think he missed explaining what happens if the host changes or disappears
@@punnymoney3692 Yes
@@robguevara7 I haven't gotten to that stage as of yet l.
The DUNKs team is very professional. They are very active on chats and provide all the necessary information. The project is very good, and I recommend that you investigate this Metaverse project.
Out of all the nft explanations and videos on here, you make it so simplistic. Greatly appreciated! I can understand it and be able to simply explain it to someone else who would just ask and not understand it. You’re awesome!!!!!
Trying to recruit some people IRL into NFTs and was looking for a video to send to them to help explain things. This is by far the best one I've come across. Fantastic work
Great job! This is the first video explanation of NFTs that I have watched.
We're glad you enjoyed it! if you have any questions let us know :) - N
So if the server fails, my NFT becomes worthless because it's pointing to something that no longer exists?
This is excellent. The clearest simplification in a sea of complications. Thanks.
Thank you, have been watching your channel for couple of weeks ago and it's really make sense and it really help me through..
I recommended a professional broker to you guys sometime ago,can i get person who invested with her
Comment below...
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Wow I'm just shocked you mentioned and recommended expert Mrs Cynthia Donald, I thought people don't know her... she's really awesome!
I’m so happy to find this channel.
It is by far the best elaborated videos (in a really simple & funny way) that even dummies like me can understand, thank you!
It will be great if you follow DUNKs, they are doing a lot of marketing and working hard to complete their goals.
Bro, thanks a ton for all the videos. I finally found what I've been searching for in one place :)
I have not see any other channels explaining Crypto concepts in such simple language. Kudos to you and your team..
It will be great if you follow DUNKs, they are doing a lot of marketing and working hard to complete their goals.
Found and watched all your amazing videos!!! Thank you so much! Please continue to make more videos!!!
This is so easy to understand. Great video!
I just watched all 96 videos in your playlist. This channel is absolutely one of the best crypto-ed channels on the internet. Kudos.
DUNKs is where you guys want to be at right now, such a chill community with lots of fun events, amazing devs, insane marketing professionals, I’ve never seen this combination before.
I’m about to dig in & Im excited - Any other recommendations?
You made the explanation very simple and easy to follow, thanks!
The best video thus far on the topic of NFT. The major reason for my up vote is that it addresses the what, WHY and how. Most other videos have explained the what and the how but not WHY. This one did. If this TH-cam video creator has an NFT and creates excellent videos like this one and the buyer of that NFT gets access to, say, 3 other premium videos of theirs, then this NFT may rise in value!
This is my new Fav Channel.. Thanks for all the hard work..
Certainly on a mission to watch all your videos starting from bottom to top.
Mark my words this channels gonna blow up... excellent animation and explanation... keep up the great work
Maybe our view graph will look better than the last ETH bull market 😂
Hey, you should check out the new DUNKs NFT metaverse, the team seems to be doing a lot of marketing now and they seem to be doing what they say they will do...
I've searched for this info for so long n now I have it easily explained. Thanks a lot. Keep growing 💗💗
Glad we could help!
Can someone break this down for me please? I still have no idea what an NFT is or what it's purpose is..
It is the digital world of buying rare stuff for either investing or because you are a fan of that stuff. Think of real world examples. This year, Messi cried into a handkerchief. That went on sale because there is a whole world of rabid Lionel Messi fans. The person who purchased the handkerchief will either sell it at s later date for a profit or keep it as a souvenir. The NFTs are the digital examples.
@@brianvarga9768 I get the idea of buying a real world item, for investment or entertainment purposes.. But what value does anything online hold when anyone can reproduce it and copy it at will.. Wouldn't the value just drop on that fact alone?
If someone doesn't want their art replicated or copied online.. Wouldn't it be easier to just not put it online??
@@bradvestby I think NFTs are supposed to work in conjuction with things like verasity (another blockchain tech). I believe it acts like a watermark, proof of purchase. I'm not an expert on it, so take that as "I only read about it."
Thank you! Really appreciate this vid and the channel! more power to you!
You are awesome !
The way of presentation is another level.
Thank you for breaking it down in understandable illustration.
I don't think I've ever gone out of my way to log in and like a video but you really made a fantastic video and really simplified a seemingly very complex new concept! I'm glad I could support this video by giving it a boost and I look forward to more videos from this channel :)
Hey, you should check out the new DUNKs NFT metaverse, the team seems to be doing a lot of marketing now and they seem to be doing what they say they will do...
Hey, you should check out the new DUNKs NFT metaverse, the team seems to be doing a lot of marketing now and they seem to be doing what they say they will do...
Great job guys! Pls keep going. Loving your videos.
Very informative ,logical and simple to understand .Appreciate a lot.
Thanks guys! Great video. I'd love to see you do a follow up video to this one with updated insights and info.
Nice intro to the subject. Thank you very much...
Thank you so much. Nft was so hard to research so this video was alot of help.
Thanks, I liked and subscribed, this helped a lot
Great video. Easy to understand, thank you !!
Hey, you should check out the new DUNKs NFT metaverse, the team seems to be doing a lot of marketing now and they seem to be doing what they say they will do...
Wow. Thanks for simplifying NFTs in your video. Will look for your next video that covers NFT further.
Keep up providing more great content like this!
It will be great if you follow DUNKs, they are doing a lot of marketing and working hard to complete their goals.
Fantastic video. Much appreciated!
I understood more about NFT after watching this video. Thanks!
Amazing videos.. So informative. Thank you so much for putting out.
Your explanations are awesome 👌
I enjoy your work and videos. I am curious what presentation software is that? The pictures and graphics are fantastic
Videoscribe
This is really good 👏🏿
Thank you for sharing!
I really love your videos. They are very interesting and easy to understand. I hope you make more.
Thank you for the nice comment Olicia! We plan on making a lot more! :)
DUNKs is where you guys want to be at right now, such a chill community with lots of fun events, amazing devs, insane marketing professionals, I’ve never seen this combination before.
yo crazy on how ya channel grew this much in a short time period
bro this channel is out of this world congrats🚀🚀🚀🚀
Excellent thank you for taking the time and sharing
Thanks guys this video has been very helpful in clearing up some confusion
Confusion cleared! Thanks
Best explanation on NFTs I have seen yet
Keep up the educational videos they’re huge
Wow love this TH-cam channel so educational
Nice and clear 👌 thank you for the breakdown.
Man I actually learned something. Thank You
Great videos you make, good explanations 👍👏👏👏👏
Great video and very informative. Thank you.
ABSOLUTELY amazing. And I am totally clueless and this explanation HELPED soo so much!
Thank you. I'm new to NFT's so this was a great explanation as a beginner.
So great you've completely validated my idea for an NFT ❤️🙏
Great explanation! Thanks for the awesome video
I used to see Crypto as a side thing but it has proven to be a major source of passive income since I venture into it.
I'm thinking of investing in the Crypto market but taking my time to figure out how the whole thing works.
@Eric Scott you're right!
I've been making weekly passive income from crypto for over 5 months tho' I prefer trading with the help of a professional broker because it saves me time and reduces the risk of losing funds in trading as we all know how volatile the market is
crypto is very volatile which is why most successful investors trade with professional brokers.
Reading about people grabbing multi-figures monthly as income in investment even in this crazy days in the market,any pointers on how to make substantial progress in earnings? would be appreciated!
Thank you, your video’s are amazing!
Thank you for giving the best information .
This video explains NFT better than anything I've seen so far. Thanx for the video.
Great work! Keep it up!
If this is a one or even a 3 person show - This is top quality!
Edit - Wow the free throw example tho? Impressive
Huge applause. Thank you very much for such an explanation!
I don't get it! So does the NFT hold a crypto value that can be cashed out?
@@punnymoney3692 nft is like an art mate. It has value, if people will give value to it. But nft can have other benefits too. If you hold nft of a singer, you can have discount on a ticket, or you can have access to a backstage. It is easy to prove, that you are owner of nft, so it's easy to do such a things...
@@Vraellko does it cash out though? Does it hold a crypto value?
Hey, you should check out the new DUNKs NFT metaverse, the team seems to be doing a lot of marketing now and they seem to be doing what they say they will do...
you are fantastic man. you should get more views
The contents you guys create are most definitely the easiest to understand. Because of the way you present it. With my limited knowledge, I do not know any other content creator who does that. Thanks a million for that.
That being said, you have explained NFT that even 5 years old would understand as I did. Lol.
What I do not understand is-would NFTs have real-world value in future years, considering it's a "digital asset" unlike "Monalisa" that has a real-world value and physical existence.
Is there any other use cases for NFTs or might there be more use cases in future? Or will it be just limited to GIFs. TIA
@whiteboard, you guys are super! I loved your videos! Keep up and Cheers!
Great explanation!
Bro , thank u alot ! I learned alot about crypto, nfts and web3 in one week just by watching ur videos .
Hope ur channel grow more and more !!
Hey, you should check out the new DUNKs NFT metaverse, the team seems to be doing a lot of marketing now and they seem to be doing what they say they will do...
Thank you! subscribed.
Great content. The minute you said Robert Downey Jr., I realized your voice sounds like Tom Holland😎
I really enjoy your video content.
Suggestion: Would be great to make another video on NFTs and some of the the terminology, like what does it mean to mint, and pre-reveal, reveal, to be whitelisted...the process that comes with NFT. You explain it really well so it's understood easily.
Hey, you should check out the new DUNKs NFT metaverse, the team seems to be doing a lot of marketing now and they seem to be doing what they say they will do...
Thank you !! You’re awesome!!
Thanks for sharing
what kind of software you are using mate? i love your videos.
Started on 9th September and it’s been amazing 🤩
thanks for this valuable info
DUNKs is where you guys want to be at right now, such a chill community with lots of fun events, amazing devs, insane marketing professionals, I’ve never seen this combination before.
you save my life! You make everything clear.
Thanks dude!
Well done ✅
Great exlpanation! 🍻
NFT clarity on point ! So clear grateful!
amazing brother
Thank you!
Thank you!
Still not sure I 'get' NFTs, but appreciate this nonetheless.
Following & sharing ^_^
good work man
beast mode,
simple, yet much more to know
v interested
Binge watching!!!
Many thanks man
Thank u, now i understand better
Good one
Your videos are awesome.
Simple and accurate 👌
Love your content. Kindly make a video on iNFTS as well
I really love your videos. They are very interesting and easy to understand. I hope you can make a video about Listen Token, holders access to exclusive social impact NFTs from the world’s greatest actors, musicians and etc. Wanted to learn more about this.
excellent presentation
Thank you 🙏
Thanks!
This chanell is pure treasure! I've been searching for cryptocurrency educational videos, and thou this one was was way belong the bunch of others, still has justified my searching. Definitely supscribing and gonna watch all the following ones. Info representation is so intense and clear, just what I needed. Keep it up!👍