NFTs are going to be the future of public databases of ownership. Title companies converting centralized title databases to Blockchain, Domain names/records being stored on Blockchain, licensing being decentralized, etc. The benefit is that all of these things make it so that the infrastructure doesnt need to be centralized and provides fully audited/trusted public record of all transfers or modifications of the NFT. The way it's being used in "Art" currently is a cash grab scheme.
@@Norman001100 I’m not sure of the etymology of the phrase, but it derives partially from the phrase boom or bust which is basically common nomenclature for if something will grow at a fast/ explosive rate - Boom or will it Bust as in busted or break down. Hope this helps, keep learning and I’m sure you’ll get a lot of phrases and common slang in no time :D
A friend stopped talking to me after buying some NFTs, boasting it was an investment, all because I asked "But who's going to buy it from YOU?" I thought it was a simple question but I guess questioning the value of his provenance was the straw that broke the camel's back.
That's like seeing he bought a car and asking, "but who's going to buy it from YOU?" Maybe no one. Maybe someone who likes that kind or color or vintage. That's also the point of a marketplace like OpenSea--to aggregate those with something to sell for those who would like to buy.
@@maple_fields I expected the “but the car has utility” response. Many, not all or even most, have utility as well-being able to stake for rewards, access to events, as an approved-list for other activities or gifts, as a marketing target (you can know who all has BAYC NFTs and send them all something like an ad, if you wanted). Normal people NFTs, like mortgages, have well known utility and more of the NFTs in the future will be this kind of mundane and boring, but valuable for the utility or benefits they provide, than will be focused on art-but I bet they all come with a picture anyways!
@@SleepyPossums I agree with the volatility part, but the shadiest stuff happens in stock markets, like shorting a company that backfired with gamestop a year ago
@@MochaRose990 sometimes people who got rich by ill reason laundering their money via purchasing art, usually stash them oveseas or resell them later. as art gallery didnt have to disclose who the buyer.But nowadays more government require art purchase to be accountable. And suddenly NFT boomed at around the same time.
@Casino Şimşek Mr Patrick Richard is a great broker and he’s not a high cost in fact his commission comes only when you make profit and a little percent of your profit, you gain he gains
NFTs right now, the only people making money are the early investors, exchanges, and a few early artists. Everyone else is going to be left holding the bag. Compare it to the gold rush, people flocking into California like people flocking into NFTs now weren't the ones making money. It was the businesses selling shovels to them. People got manipulated by the media and their favorite influencer/company and a way for it to make you money in the future. How many celebrities and influencers shilling NFTS just so it gets rug pulled?? Pure money grab.
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Doesn’t even discuss the cons of NFTs aside from the gambling aspect. How about selling art as an NFT is a scam and how art is currently impossible to validate ownership as an NFT. The blockchain cannot host images for now so all exchanges are through links to hosting companies. So the NFT validates a link and not the actual art piece.
The blockchain most assuredly can host images, it’s just that that amount of data is prohibitively expensive so people don’t-they use services like IPFS or Arweave, both decentralized services, not hosting companies-to host images or datasets or whatever. There are quite a few projects that don’t require that amount of data which are referred to as “fully on-chain”. Some people value those due to that fact. If I sold someone a photo or piece of digital art, and they were happy to pay the price we agreed, how is it a scam? How is it different from any other contract agreed upon by a buyer and seller of a product or service?
The next investment we all need to be looking forward to at this moment is NFTs, NFTs are assets we should invest in, it's not affected by the price of any crypto market,I came across Richard Scote some few weeks ago he introduced me to NFTs now I'm making profit from it.
When you buy an NFT your basically buying an ID that is associated with something. You don't actually own the thing. It's like buying an ID to a row in a database. You own the ID but not the data itself.
Sound about as real as the money in your bank account. It’s just a row in a database until you decide to employ a contract to swap it for digital or physical goods or services. Take out cash? That’s a contract where you exchange your digital data for something with physical utility. Use that cash to buy a sandwich? Contract agreeing that the physical item you hold is equal to the sandwich you receive. Loyalty points for that purchase? That’s an airdrop of a token that you can later exchange for other goods or services.
Can I ask why all the video calls in this video look like they’re on slow bandwidth? This is a serious question, in Africa and other places broadband isn’t available everywhere and people live with crappy video calls and super low quality TH-cam. But aren’t you all in the US? Don’t you all have super fast fiber and 5G. I started wondering about this in the last couple of years of the pandemic where big CEOs, celebs and super savvy tech people interviewed on these types of videos look like they’re using super slow connections with blocky video quality. Genuinely curious why this is the case where most US users can stream clean HD and 4k media but video calls looks so terrible.
YELP! It’s just great that you barely scratched the surface when it comes to how super problematic NFTs. You more or less tried that wannabe “middle” approach of “some people made money out of it and we don’t know how it will evolve in the future. For people that actually want to be informed watch Folding Ideas video *Line Goes Up* . This video was not even informative let alone a critical view of NFT . Also… why did you change the title from Casino to Amazon? First title was actually accurate even if the video was not even close to explaining why it’s a Casino.
@@jrisner6535 I also love Line Goes Up... though there's definitely a difference in how deep you can go in an 8 minute video versus a 2+ hour documentary.
Lol that 2 hour video is a joke, his research material isn't right one. It's like if engineer started talking about surgery. Unless you are involved with an industry how can you know about it. The fact that people listen to that guys video is hilarious af
Line Goes up is a must see indeed. It acknowledged my suspicion on NTFs / Crypto. I find it scary how critical thinking gets downgraded here too. Seems a bit how religions and conspiracies work. "Don't ask questions! Only if you Believe! WAGMI!"
Don't throw around phrases like "makes it really hard to hack or cheat the system"... Yeah in some specific ways which rarely happen in real life... In other ways, that decentralisation makes cheating & hacking a lot easier
Why verge/anyone is not recording a different video while these question are discussed over a video call? Separately recorded video by individuals can be sent to editors/studio to use in final video. Why a crappy recorded video call is used? Is it intentional?
Buying an nft it’s like a buying a one of a kind tag of something you bought, except it doesn’t prove anything and the tag can be linked to something else and someone can make another tag for the same object. Yeah, it’s the future, lol
I am new to nft, I want to ask you if there is a way for me to make and sell an nft of my photography without spending any money on that. I am not ready to pay these sites before the sale but its ok for me to give a cut of my profit.
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Thanks for the continuous great videos. The fact is, NFTS, BTC is the future of crypto and the question most people ask themselves is - if this is right time to invest? I feel those who would allow the market dynamism to determine when to trade or not are either new in this space in general or probably just naïve..
You "make it sound bogus" to accept that as annual passive income, when clearly possible I've made thousands since January so far without any prank plans. She is a masterpiece and her name is Elizabeth cole.
why can't i compute, i've had this explained to me so many times and i still cantfigure out what nft is?.. is just coding of digital art? why would you want to by the code of digital art, the whole point of art is to experience it.. but i feel like i'm totally off cuase i still dont understand what it is lol
Overpriced JPEGs will wear off this year, because people will finally wake up that it is useless. The NFT use-case however, is heavily utilised in event ticketing, specifically with GET protocol, they have 600k+ NFTs on opensea - because that is the number of tickets sold to ordinary people who just want to attend concerts and don't even realize their ticket is an NFT in the first place (they can't be traded there though). Their technology ends ticketing fraud and scalping and they have been growing a lot, even during corona years.
Nfts are completely unlinked to anything that is real, that you can touch, to something that exists in the real world, which usually is what gives something value
Is the money in your bank account something you can touch? What about your credit score? Your email? Stocks in a company? Value is decided between the buyer and seller and can be, but doesn’t need to be, anything you can hold in your hand.
Did u even watch the video? They dont even buy the jpeg they buy the link that points to a server where the jpeg is stored! They dont own the picture itself
Hmm............ I didn't know every time I go poop, I should make a digital copy and sell it as an NFT. For every such NFT, there's a doofus who will buy it.
Bitcoin and cryptocurrency was suppose to take over the financial world, but is still a niche method of moving money around. I feel NFTs will follow the same trend wave. Too many hurdles to jump, specialized tools and specialized knowledge is required. Exclusive clubs and gimmicks only feed the “bubble”. Plus all the “get rich quick” mentalities will drown out any potential this technology has.
the use case of NFTs is ofc not just pics, they are being tested, since it's ledger makes it near impossible to be hacked it can be used to buy tickets, since a limited number of tokens can be produced, only a limited number of tickets will be there, you can buy cloud storage that won't be a subscription, you will own it and only you will access it and you will be able to sell it for even a higher price if you can negotiate or even far fetched, owning things irl, the ledger can record it and it cannot be modified by any single party in control
The ledger being public is nothing but a red herring for the lack of security actually in place. People are not hacking the ledger. They’re stealing from people directly, through scams and the countless third parties. There’s a reason people don’t steal from banks anymore. And at least when a bank loses your money, they’re on the hook for it.
Circuits of Value (COVAL) NFT number one project The ability to move from blockchain to blockchain allows COVAL to be used as a payment mechanism to create NFTs on any blockchain.
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I think everyone noes the NFT thing is going to go belly up with NFT prices crashing to zero. Right now it is all about making money quick before that inevitably happens.
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The way nft market is doing its really concerning. But there are some projects which will be beneficial in the long run. I found a project that makes nfts alive using AI and they can talk back and have proper discussion even argumentative battles. What do you think about it? Its called Alethea AI
I’ve seen this video in my recommended for days now, and I’ve only now clicked on it to say this. I’ve watched the name of this vid change twice, same for the thumbnail, and after 6 days it would seem this still can’t get anyones attention. Just think it makes it abundantly clear, nobody cares. NFT’s are a joke to the majority of people, and honestly the public seems quite burnt out atm. Not gonna watch it, probably a good video as always, but just not the right time.
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They selfishly provide literally nothing of genuine value, yet talk as if they do. Only if you invest the money in a better world for all does this lead somewhere worthwhile
NFTs and Metaverse, Crypto projects with utilities to me are the ones I'm intrigued about and on this list of crypto p2e with utility is Dragon evolution, great APYs,y'all shouldn't miss out on this.
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Who can tell me how to transfer USDT from OKX wallet to Binance? There is only a seed phrase: head isolate sound end kit industry choice festival limit stable dolphin derive
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NFTs: beef or bust?
Multi Level Marketing for bros.
As an English learner, might I ask what does "beef or bust” mean? (though like yes or no?) If so, where does this come from? 🙏 THX
NFTs are going to be the future of public databases of ownership. Title companies converting centralized title databases to Blockchain, Domain names/records being stored on Blockchain, licensing being decentralized, etc. The benefit is that all of these things make it so that the infrastructure doesnt need to be centralized and provides fully audited/trusted public record of all transfers or modifications of the NFT.
The way it's being used in "Art" currently is a cash grab scheme.
The underlying technology may be useful for something. Right now it's a ponzi scheme disguised as a stock market.
@@Norman001100 I’m not sure of the etymology of the phrase, but it derives partially from the phrase boom or bust which is basically common nomenclature for if something will grow at a fast/ explosive rate - Boom or will it Bust as in busted or break down. Hope this helps, keep learning and I’m sure you’ll get a lot of phrases and common slang in no time :D
No one ever said scams weren’t profitable.
right click, save...
Same here
Take a picture of the Mona Lisa and print it on a bedsheet. Doesn't make it valuable
U gOInG tO jAiL!
@@Mr_Sanghvi make a 1 0 0 % P E R F E C T copy, you mean.
Ok boomer
Now i understand NFT's much better. I now see they're even more stupid than i initially thought.
right
Yep they are the dumbest thing ever
Shout out that guy for pointing out them exploiting civil rights activism
A friend stopped talking to me after buying some NFTs, boasting it was an investment, all because I asked "But who's going to buy it from YOU?" I thought it was a simple question but I guess questioning the value of his provenance was the straw that broke the camel's back.
It’s sad people are emotionally invested in what is basically an illusion
That's like seeing he bought a car and asking, "but who's going to buy it from YOU?" Maybe no one. Maybe someone who likes that kind or color or vintage. That's also the point of a marketplace like OpenSea--to aggregate those with something to sell for those who would like to buy.
@@dannyomo You can... drive a car to work. Usually they're not seen purely as investments, like this person's friend seemed to view the NFT as.
@@maple_fields I expected the “but the car has utility” response. Many, not all or even most, have utility as well-being able to stake for rewards, access to events, as an approved-list for other activities or gifts, as a marketing target (you can know who all has BAYC NFTs and send them all something like an ad, if you wanted). Normal people NFTs, like mortgages, have well known utility and more of the NFTs in the future will be this kind of mundane and boring, but valuable for the utility or benefits they provide, than will be focused on art-but I bet they all come with a picture anyways!
@@dannyomo Okay but my friend literally said he bought it "as an investment"
NFTs are purely gambling. For every person who it works out for, there are 5,000 saps that lost thousands.
You could say the same about any type of investment
@@cruzefx3652Regular investments have safeguards against rug pulls and pump & dump schemes, and use less volatile currency that they can actually use.
@@SleepyPossums I agree with the volatility part, but the shadiest stuff happens in stock markets, like shorting a company that backfired with gamestop a year ago
Money laundering.
Sometimes you want something - you buy it. Remember that concept? or is anything crypto a scam to you boomers?
opensea is $13b
that's certainly not a bubble at all. no, no
I have my popcorn ready and waiting
Short summary, its a quick money scam
How *”coincidental”* that these NFT boomed when galleries and art purchases required by law to be more transparent to avoid money laundering
can you elaborate?
@@MochaRose990 sometimes people who got rich by ill reason laundering their money via purchasing art, usually stash them oveseas or resell them later. as art gallery didnt have to disclose who the buyer.But nowadays more government require art purchase to be accountable. And suddenly NFT boomed at around the same time.
@@dgmojojojo ohhhh thank you for explaining that!!
Everything is turning out to be a scam…
Some one help guide me through how I can engage in and possibly engage more people.
i don’t know who need to hear this saving money won’t make you a millionaire investing will take out some money and invest Do it wisely tho
Exactly fine words! I’ve heard all day...Crypto has become a lucrative and profitable way of making money nowadays
@Dan Romero I agree 💯 with you
@Casino Şimşek I’ve heard of that broker
I trade crypto by myself but always end up making losses than profit whenever i trade ..... What magic do Mr Patrick use?
@Casino Şimşek Mr Patrick Richard is a great broker and he’s not a high cost in fact his commission comes only when you make profit and a little percent of your profit, you gain he gains
The Verge should do investigative reporting on the NFT scammers and how they got caught.
there are groups of people in a NFT rug pull. Celebrities that got paid to market it, should be liable too.
This is just ridiculous, there’s clearly some sort of a scam, crime, or shady things going on.
Money laundering.
@@jonnoMoto exactly what I thought of
If you haven’t heard of an NFT you’ve been living under a rock.
Patrick Star: Do I like a joke to you.
This is a good insight, thanks! Btw, any recommendation for gambling utility NFTs that one can customize and breed? Have only heard of Slotie so far
slotie nft is really good decision
I was on their discord and community seems very active
hope they'll be successfull, project seems legit
Like the project a lot
I am following them quite some time for now and I am amazed by its upcoming features such as breading. I think that junior sloties will be successful
NFTs right now, the only people making money are the early investors, exchanges, and a few early artists. Everyone else is going to be left holding the bag. Compare it to the gold rush, people flocking into California like people flocking into NFTs now weren't the ones making money. It was the businesses selling shovels to them. People got manipulated by the media and their favorite influencer/company and a way for it to make you money in the future. How many celebrities and influencers shilling NFTS just so it gets rug pulled?? Pure money grab.
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Doesn’t even discuss the cons of NFTs aside from the gambling aspect. How about selling art as an NFT is a scam and how art is currently impossible to validate ownership as an NFT. The blockchain cannot host images for now so all exchanges are through links to hosting companies. So the NFT validates a link and not the actual art piece.
I did not know this
The blockchain most assuredly can host images, it’s just that that amount of data is prohibitively expensive so people don’t-they use services like IPFS or Arweave, both decentralized services, not hosting companies-to host images or datasets or whatever. There are quite a few projects that don’t require that amount of data which are referred to as “fully on-chain”. Some people value those due to that fact.
If I sold someone a photo or piece of digital art, and they were happy to pay the price we agreed, how is it a scam? How is it different from any other contract agreed upon by a buyer and seller of a product or service?
Yeah a lot of people think their NFT is the image.
@@dannyomo You forget the boomer mindset. New technology = scam
Plus the original transaction doesn't prove in any way that the original "owner" is actually the owner.
Money laundry
The next investment we all need to be looking forward to at this moment is NFTs, NFTs are assets we should invest in, it's not affected by the price of any crypto market,I came across Richard Scote some few weeks ago he introduced me to NFTs now I'm making profit from it.
I have heard much about NFTs, and I don't know how I will invest in it
Richard Scote got an NFT for me month ago with $30k and now it is worth $70k
@Nkosingiphile How can I reach him and how resourceful he will be?
Is almost the same here I don't understand what and why mine is doing soo
When you buy an NFT your basically buying an ID that is associated with something. You don't actually own the thing. It's like buying an ID to a row in a database. You own the ID but not the data itself.
Sound about as real as the money in your bank account. It’s just a row in a database until you decide to employ a contract to swap it for digital or physical goods or services. Take out cash? That’s a contract where you exchange your digital data for something with physical utility. Use that cash to buy a sandwich? Contract agreeing that the physical item you hold is equal to the sandwich you receive. Loyalty points for that purchase? That’s an airdrop of a token that you can later exchange for other goods or services.
@@dannyomo if buying an NFT can gives me a physical art to touch and feel, I’m all into it :)
@@alvin3171997 actually it can some NFTs project will give the actual art to their owners.
Can I ask why all the video calls in this video look like they’re on slow bandwidth? This is a serious question, in Africa and other places broadband isn’t available everywhere and people live with crappy video calls and super low quality TH-cam. But aren’t you all in the US? Don’t you all have super fast fiber and 5G. I started wondering about this in the last couple of years of the pandemic where big CEOs, celebs and super savvy tech people interviewed on these types of videos look like they’re using super slow connections with blocky video quality. Genuinely curious why this is the case where most US users can stream clean HD and 4k media but video calls looks so terrible.
Sure, but DDOS attacks happen a lot. That gets in the way of traffic sometimes.
YELP! It’s just great that you barely scratched the surface when it comes to how super problematic NFTs. You more or less tried that wannabe “middle” approach of “some people made money out of it and we don’t know how it will evolve in the future. For people that actually want to be informed watch Folding Ideas video *Line Goes Up* . This video was not even informative let alone a critical view of NFT . Also… why did you change the title from Casino to Amazon? First title was actually accurate even if the video was not even close to explaining why it’s a Casino.
Amen, line goes up is amazing
@@jrisner6535 I also love Line Goes Up... though there's definitely a difference in how deep you can go in an 8 minute video versus a 2+ hour documentary.
@@maple_fields That guy lost a lot on money and it's his life mission to take down bitcoin (he will fail)
Lol that 2 hour video is a joke, his research material isn't right one. It's like if engineer started talking about surgery. Unless you are involved with an industry how can you know about it. The fact that people listen to that guys video is hilarious af
Line Goes up is a must see indeed. It acknowledged my suspicion on NTFs / Crypto.
I find it scary how critical thinking gets downgraded here too. Seems a bit how religions and conspiracies work.
"Don't ask questions! Only if you Believe! WAGMI!"
Don't throw around phrases like "makes it really hard to hack or cheat the system"... Yeah in some specific ways which rarely happen in real life... In other ways, that decentralisation makes cheating & hacking a lot easier
Nope - it's virtually impossible. You are confused with morons who give their keys away - that's phishing not being hacked.
"some people hate them " some?
Asides from the seller. How does the buy makes money from it?
How is this different from left clicking to save as?
@@owowowdhxbxgakwlcybwxsimcwx But sell it to who?
When many people can buy the same exact one.
The seller can be the buyer. I.e money laundering.
Why verge/anyone is not recording a different video while these question are discussed over a video call? Separately recorded video by individuals can be sent to editors/studio to use in final video. Why a crappy recorded video call is used? Is it intentional?
Buying an nft it’s like a buying a one of a kind tag of something you bought, except it doesn’t prove anything and the tag can be linked to something else and someone can make another tag for the same object. Yeah, it’s the future, lol
The $13B Pyramid Scheme
Friendly reminder for everyone to do their credible research on NFTs rather than just diving in based on hearsay. It can help you in the long run!
I am new to nft, I want to ask you if there is a way for me to make and sell an nft of my photography without spending any money on that. I am not ready to pay these sites before the sale but its ok for me to give a cut of my profit.
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NFTs are to the 2020s as the dot come boom was to the late 1990s. This will blow over and crash hard.
Open Sea, the tulip market of the 21st century
Y'all changed the title from "How OpenSea wants to be Amazon for NFTs". I caught that lol
Thanks for the continuous great videos. The fact is, NFTS, BTC is the future of crypto and the question most people ask themselves is - if this is right time to invest? I feel those who would allow the market dynamism to determine when to trade or not are either new in this space in general or probably just naïve..
you have to have an idea on what you wanna invest in carefully before going in.
You "make it sound bogus" to accept that as annual passive income, when clearly possible I've made thousands since January so far without any prank plans. She is a masterpiece and her name is Elizabeth cole.
Reach her thru her telgram page
the name is Elizabethee
@@nansmamb4081 This lady right here, I tradr with her she's inventive and the P.O.T are no jokes, i won't look awestricken u made mention of her
why can't i compute, i've had this explained to me so many times and i still cantfigure out what nft is?..
is just coding of digital art? why would you want to by the code of digital art, the whole point of art is to experience it..
but i feel like i'm totally off cuase i still dont understand what it is lol
Cory: "Are there any NFTs, that you've seen, where you've actually said, 'Yeah, this can actually be fun to own'?"
Russell: "No, no." 😅
Something has horribly gone wrong in the world
Overpriced JPEGs will wear off this year, because people will finally wake up that it is useless. The NFT use-case however, is heavily utilised in event ticketing, specifically with GET protocol, they have 600k+ NFTs on opensea - because that is the number of tickets sold to ordinary people who just want to attend concerts and don't even realize their ticket is an NFT in the first place (they can't be traded there though). Their technology ends ticketing fraud and scalping and they have been growing a lot, even during corona years.
NFTS and cryptos are just hype train and a big casino.
Most casinos are less scammy than this.
@@madst7521 LOL well said my friend. Have you ever been to a casino quite a fascinating place?
Line Goes Up
Nfts are completely unlinked to anything that is real, that you can touch, to something that exists in the real world, which usually is what gives something value
I'm pretty sure you can touch nuts, and it can feel really good if you know what you are doing.
Is the money in your bank account something you can touch? What about your credit score? Your email? Stocks in a company? Value is decided between the buyer and seller and can be, but doesn’t need to be, anything you can hold in your hand.
Very boomer comment. Hey I can't touch the music I'm listening to now it must not exist.
@@djinghiskhan9199 Well that’s a stupid comment because you actually can touch the musical item you buy-CDs, tapes etc etc”
GameStop entered the chat...
If you're tired of Opensea's high fees, go diversify to Upstairs👌🏻 Low fees on all transactions, cheap but utility NFTs, provides KYC you name it
and the fever dream continues...
Why aren't you talking about negatives at all?
How can I sign up
7:45 based russell
yeah nah, it’s absolute bollocks, and I’m not even going to encourage talking about it by watching this.
Your comment alone is encouraging ppl to talk about it.
I love my NFT!
Most of crypto is a scam. Ppl paying millions for copyable JPEGs...
Did u even watch the video? They dont even buy the jpeg they buy the link that points to a server where the jpeg is stored! They dont own the picture itself
Hmm............ I didn't know every time I go poop, I should make a digital copy and sell it as an NFT. For every such NFT, there's a doofus who will buy it.
The metadata locking is the biggest concern. All the API calls to OpenSea from other DApps is extraordinarily alarming.
Could you please elaborate on that?
Bitcoin and cryptocurrency was suppose to take over the financial world, but is still a niche method of moving money around. I feel NFTs will follow the same trend wave. Too many hurdles to jump, specialized tools and specialized knowledge is required. Exclusive clubs and gimmicks only feed the “bubble”. Plus all the “get rich quick” mentalities will drown out any potential this technology has.
NFT started as a way for rich people to avoid taxes, and ended up being a tax on the stupid.
Life is silly...
the use case of NFTs is ofc not just pics, they are being tested, since it's ledger makes it near impossible to be hacked it can be used to buy tickets, since a limited number of tokens can be produced, only a limited number of tickets will be there, you can buy cloud storage that won't be a subscription, you will own it and only you will access it and you will be able to sell it for even a higher price if you can negotiate or even far fetched, owning things irl, the ledger can record it and it cannot be modified by any single party in control
The ledger being public is nothing but a red herring for the lack of security actually in place.
People are not hacking the ledger. They’re stealing from people directly, through scams and the countless third parties.
There’s a reason people don’t steal from banks anymore. And at least when a bank loses your money, they’re on the hook for it.
like a wise man once said, nfts are basically the equivalent of astrological signs for men.
Gonna just say, y'all should check out the video by Folding Ideas on this topic.
Tulip Mania 2.0 goes brrr
I'm glad Andy Samberg found some succes in tech reporting.
It's like buying land on moon or Mars
You guys changed the title thrice now.
I didn't learn anything new
Anyone know of an AI drawing tool? I need to find one
You’ve changed the title 3 times lol
loved this style of video
Right click save.......set as background
*hi*
Circuits of Value (COVAL)
NFT number one project
The ability to move from blockchain to blockchain allows COVAL to be used as a payment mechanism to create NFTs on any blockchain.
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You aren't really buying the file as you keep saying, you're buying a URL to a file.
People are making nft's out of thin air
That expert dude sounds like he has some developmental issues.
NFT: bigger fool scam (as well as cryptos)
5thScape's technology sounds complex, I need a simplified explanation 😅
So it's a scam, okay. Just say that next time.
Right! I think those Winkybots will come alive in the Winkyverse! Can't wait for this first global, ethical, safe metaverse to go live...
His friend explainers sounds like Butters from South Park
Thank you for giving a good neutral perspective on it!
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the quality, guys come on, buy a microphone
Both-sides-ing pyramid schemes is what passes for journalism these days I guess.
It's so well explained with basic concepts, I'm very thankful
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I think everyone noes the NFT thing is going to go belly up with NFT prices crashing to zero. Right now it is all about making money quick before that inevitably happens.
learning crypto was easy on this video
The Madness Of Humanity.
i saw the title change 🤨
It's a bubble
Shallow analysis. Use case can be IP which has a stronger case than traditional IP especially Decentralised tracking and issuing. Do better Verge.
Your videos are always the most well thought out and helpful. Thank you!
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Definitely works well for laundering money
The way nft market is doing its really concerning. But there are some projects which will be beneficial in the long run. I found a project that makes nfts alive using AI and they can talk back and have proper discussion even argumentative battles. What do you think about it? Its called Alethea AI
I’ve seen this video in my recommended for days now, and I’ve only now clicked on it to say this. I’ve watched the name of this vid change twice, same for the thumbnail, and after 6 days it would seem this still can’t get anyones attention.
Just think it makes it abundantly clear, nobody cares. NFT’s are a joke to the majority of people, and honestly the public seems quite burnt out atm. Not gonna watch it, probably a good video as always, but just not the right time.
The original title was better
Simple answer is everyone wants a peice of the F pie and they're willing to go with any trend to get it
Weird world out there…
Appreciate you ! Always delivering great content!! Especially in times when things aren’t great in NFT land.. this is great !
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They selfishly provide literally nothing of genuine value, yet talk as if they do.
Only if you invest the money in a better world for all does this lead somewhere worthwhile
NFTs and Metaverse, Crypto projects with utilities to me are the ones I'm intrigued about and on this list of crypto p2e with utility is Dragon evolution, great APYs,y'all shouldn't miss out on this.
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I liked it, thanks
all i know besides beeple and a few artist, a lot of nfts have mediocre art
NFT’s are here to stay but probably not as profile picture jpegs. That’s a classic speculative bubble.
Who can tell me how to transfer USDT from OKX wallet to Binance? There is only a seed phrase: head isolate sound end kit industry choice festival limit stable dolphin derive