What Are NFTs and How Do They Work?

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  • เผยแพร่เมื่อ 2 พ.ย. 2024

ความคิดเห็น • 1K

  • @WhiteBoardFinance
    @WhiteBoardFinance  3 ปีที่แล้ว +57

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    • @shockelites2887
      @shockelites2887 3 ปีที่แล้ว +1

      kEep up hero , digital war

    • @aukemist
      @aukemist 3 ปีที่แล้ว +2

      Actually, how does someone go about buying NFTs?

    • @djsmojo
      @djsmojo 3 ปีที่แล้ว +1

      did u buy an nft buddy?

    • @ievgentaranskyi1373
      @ievgentaranskyi1373 3 ปีที่แล้ว +1

      Exactly, I never understood that

    • @shockelites2887
      @shockelites2887 3 ปีที่แล้ว +1

      @@djsmojo coincap search. Nft

  • @JustinFrancisAnimator
    @JustinFrancisAnimator 3 ปีที่แล้ว +1204

    The gamer in me understands.
    The digital artist in me wants to understands.
    The physical me thinks this is stupid.

    • @tommyseacat3580
      @tommyseacat3580 3 ปีที่แล้ว +38

      Your physical is right.

    • @bacchusendo9032
      @bacchusendo9032 3 ปีที่แล้ว +14

      To me this NFT thing looks like a tax reporting headache. Somehow, somewhere, the IRS is gonna want to tax the profits and how do they know how much to tax and what not to tax.

    • @alexfreidah1075
      @alexfreidah1075 3 ปีที่แล้ว +20

      @@bacchusendo9032 think more broadly....they are an amazing opportunity for money laundering. Art is already used for that and now we have "art" that can be as stupid as a meme image that a token pointing to a link can be worth a fortune. Think of the possibilities. You can generate any piece of shit and use crypto to buy it and then sell it...to yourself if you really want. Boom, your dirty money is now clean. Art is regularly used for money laundering and this removes the requirement to have an actual product with real value....easier. The concept of NFTs for art sale is insane...you aren't buying a product or any real rights...you are buying bragging rights and a link to an image anybody can already get anyways. They are selling vapor. It is hype to drive engagement with crypto marketplaces to drive up speculation and generate brokerage fees. People buying art via NFTs are insane or laundering money. They are paying for literally nothing.

    • @simplybeef8232
      @simplybeef8232 3 ปีที่แล้ว +15

      @@aritradhabal it may be stupid...but if you can get rich off it and live a prosperous life...is it realy that stupid?

    • @aritradhabal
      @aritradhabal 3 ปีที่แล้ว +5

      @@simplybeef8232 may be not , but very rich people can do stupid things

  • @Billclint-i8f
    @Billclint-i8f หลายเดือนก่อน +221

    These are extremely useful rules for anyone looking to grow rich. Unfortunately, the majority of individuals that see this video will be unable to implement the ideas. We may not like to acknowledge it, but as Warren Buffett famously stated, investing is like any other profession: it takes a certain amount of knowledge. It's no surprise that some people are losing a lot of money during the bear market, while others are profiting by hundreds of thousands. I'm just not sure how they do it. I now have around $570k to invest in the market.

    • @randettawolf
      @randettawolf หลายเดือนก่อน +2

      Dealing across multiple asset classes can reduce risk more effectively than putting all of your money into one. If you don't understand finances properly, see a financial consultant.

    • @Carolj-p9j
      @Carolj-p9j หลายเดือนก่อน +2

      Agreed, a lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

    • @franklyn-z1k
      @franklyn-z1k หลายเดือนก่อน +1

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    • @Carolj-p9j
      @Carolj-p9j หลายเดือนก่อน +2

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    • @franklyn-z1k
      @franklyn-z1k หลายเดือนก่อน +1

      Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @danieljamal3709
    @danieljamal3709 2 ปีที่แล้ว +153

    Investing in the stock market is the best option to make a passive income.
    Virtually all the markets are crazy, most people pay more attention to the shiniest position on the graph, I’m keeping a diversified portfolio.

    • @veramonique1724
      @veramonique1724 2 ปีที่แล้ว

      The decision to invest is an acknowledgement that it comes with certain risks. Not all investments will do well and some may lose money. However, without risk, there would be no opportunity to potentially earn the higher returns that can help you grow your wealth.

    • @danieljamal3709
      @danieljamal3709 2 ปีที่แล้ว

      Remember, diversification is an approach to help manage investment risk. It does not eliminate the risk of loss if security prices decline.
      Because investing can be complicated, consider working with a financial professional to help guide you on your wealth-building journey.

    • @samuelreyes7156
      @samuelreyes7156 2 ปีที่แล้ว

      who would you endorse ? I've been in the shadows for too long

    • @danieljamal3709
      @danieljamal3709 2 ปีที่แล้ว

      Christine Lynn Saitta, she is an expert who does the heavy lifting for me, she makes research on stocks, and adds my portfolio with stocks for monthly and yearly earnings.

    • @samuelreyes7156
      @samuelreyes7156 2 ปีที่แล้ว

      How do I reach her ,you got any possible means of getting more info on her services?

  • @staysafe2122
    @staysafe2122 3 ปีที่แล้ว +132

    You know what! I still don't understand what I just heard 🤔

  • @TheMooseManKing
    @TheMooseManKing 3 ปีที่แล้ว +132

    Ahhhhhhhhh, the money laundering theory makes total sense

    • @Kevin-jb2pv
      @Kevin-jb2pv 3 ปีที่แล้ว +2

      I'm not really so sure. Look at the insane amounts of money that people spent on second life back in the day. Crazy amounts of money for digital real estate, and that was _way_ more primitive than anything going on now. Yeah, some of that money that changed hands through Second Life was definitely laundering, but a lot of it wasn't. And look at Star Citizen, a game that's _barely_ in the earliest playable phases of development. They sold space ships in that game for $2,500 a piece, made 200 of them available, and every single one sold before anyone could even play they game. And those 200 were just the top tier of ships that sold for that game. People are becoming more and more willing to drop serious money on digital assets as society becomes more digitized. I wouldn't write all of this off as just criminal activity. People buy stupid, expensive crap that makes absolutely no sense just for the prestige. Sometimes, the stupider it is, the more prestigious it makes people feel to throw away ungodly amounts of money on it, because what they're really saying is, "look at me, I have so much money that I can blow 3/4 of a million dollars on a stupid cat photo and not even notice."
      That being said, there is 100% _some_ money laundering going on. Like he said, using "priceless" art to move money around is as old as money itself.

    • @odomisan
      @odomisan 3 ปีที่แล้ว +6

      Just like traditional art trade. Remember that dude who had a banana taped on the wall? Then he ate it. Transaction was "legit" and evidence destroyed.

    • @Jmapp1998
      @Jmapp1998 2 ปีที่แล้ว

      @Bezalel Jaeger 308 possibly something to do with epstein and that maxwell lady? heard she just went on trial..

    • @Jmapp1998
      @Jmapp1998 2 ปีที่แล้ว

      @Bezalel Jaeger 308 I know right! And nah man, who is it??

  • @finaltheorygames1781
    @finaltheorygames1781 3 ปีที่แล้ว +273

    I've always wanted to buy some non tangible digital sneakers.

    • @Bfxcvhu
      @Bfxcvhu 3 ปีที่แล้ว +4

      Gucci just dropped $14 sneakers haha

    • @kend7597
      @kend7597 3 ปีที่แล้ว +1

      😂

    • @kmikel3669
      @kmikel3669 3 ปีที่แล้ว +1

      @@tomj3089 I wast thinking the same thing, but some of these people are profiting very nicely off of these so im thinking is this the real deal?

    • @nicholaslaiuppa1308
      @nicholaslaiuppa1308 3 ปีที่แล้ว

      Finally an option exists.

    • @Smartimarty98
      @Smartimarty98 3 ปีที่แล้ว +4

      @@tomj3089 exept it is. You can buy replicas of expensive paintings too.

  • @jeffcann7233
    @jeffcann7233 3 ปีที่แล้ว +255

    I can’t figure out if this is the biggest bubble in history or the ground floor of something amazing.

    • @ELBarbarro
      @ELBarbarro 3 ปีที่แล้ว +10

      A “bubble” that has lasted 12 years+????? Cryptocurrency is here to stay

    • @michalsmith3117
      @michalsmith3117 3 ปีที่แล้ว +34

      @@ELBarbarro he meant nft’s specifically this can just be a bunch of tulips🤷🏽‍♂️

    • @basedmatt
      @basedmatt 3 ปีที่แล้ว +14

      The Tech Bubble in the 2000s was both.

    • @113dmg9
      @113dmg9 3 ปีที่แล้ว +5

      Bubbles pop.

    • @tommyseacat3580
      @tommyseacat3580 3 ปีที่แล้ว +8

      Methinks these are kids that lucked into some coin and are sitting on a pile... and don't know what to buy. So they trade their pile for a cat picture or a racing track and end up working at McDonalds.

  • @jefftomkus9287
    @jefftomkus9287 3 ปีที่แล้ว +76

    Money laundering was the first thing that came to my mind as well. It's a clever way to wash money. I'm beginning to understand the potential utility of NFTs but it's still fuzzy. I do like the idea of leveraging the royalty option within smart contracts though. THAT seems useful.

  • @marcus3128
    @marcus3128 3 ปีที่แล้ว +606

    Can't wait for the IRS to start charging property tax on every single social media post and TH-cam upload as a 'digital asset.'

    • @Ms.HotSauce
      @Ms.HotSauce 3 ปีที่แล้ว +2

      Lmao ! Facts 😅😅😅😅

    • @guillermomaradiaga7165
      @guillermomaradiaga7165 3 ปีที่แล้ว +7

      Wow i feel you’re 100% right

    • @wulfscorner
      @wulfscorner 3 ปีที่แล้ว +3

      That gives me an idea

    • @emmanuelahenkorah6252
      @emmanuelahenkorah6252 3 ปีที่แล้ว

      What coin are you talking about pls

    • @wulfscorner
      @wulfscorner 3 ปีที่แล้ว +3

      @@emmanuelahenkorah6252 doesnt matter, what coin lol. just get on this before they do. its a race

  • @CaseyBurnsInvesting
    @CaseyBurnsInvesting 3 ปีที่แล้ว +181

    Selling a screenshot of this video for 50k obo

    • @WhiteBoardFinance
      @WhiteBoardFinance  3 ปีที่แล้ว +23

      I'll sell you mine for half off ;)

    • @anatomicallycorrectmuppets8180
      @anatomicallycorrectmuppets8180 3 ปีที่แล้ว +12

      Selling a screenshot of this comment ^ 25k firm 😂

    • @bigfellaatpark528
      @bigfellaatpark528 3 ปีที่แล้ว

      😂😂😂😂

    • @birb2197
      @birb2197 3 ปีที่แล้ว

      Someone take a picture of this comment and sell for 20k

    • @TheRealBigR3d
      @TheRealBigR3d 3 ปีที่แล้ว

      @@WhiteBoardFinance 10k final offer 💪🏻

  • @baderkhoudeir9623
    @baderkhoudeir9623 3 ปีที่แล้ว +113

    I don't know if I am excited anymore about what the future virtually holds.

    • @albertthedogeinstein7983
      @albertthedogeinstein7983 3 ปีที่แล้ว +1

      It only holds what it is.

    • @youtubetv3474
      @youtubetv3474 3 ปีที่แล้ว +2

      Well we don’t give af it’s going anyway

    • @JackRafael
      @JackRafael 3 ปีที่แล้ว +2

      This is so unsustainable. It’s Gona all collapse at one point in my opinion.

    • @TysonMichael77
      @TysonMichael77 2 ปีที่แล้ว

      Right it sounds scammy

  • @omejia9243
    @omejia9243 3 ปีที่แล้ว +116

    As an artist myself I am having a hard time understanding the whole NFT game. Some of the art is questionable as far as quality, process, and aesthetic. I try to keep an open mind, and for me the artist that's been involved with this that's made most sense is Beeple. Been following him for years and can see the hustle and story of 13 years of creating a piece everyday. His story might make the most sense to everyone. I'm going to make an attempt at the NFT game but it seems to have become highly saturated with mostly garbage. I'm a fan of digital art and very open minded but a lot of it is junk in my opinion. However, there are a few good artists out there earning and it's well deserved.

    • @pneumonoultramicroscopicsi4065
      @pneumonoultramicroscopicsi4065 3 ปีที่แล้ว +4

      I mean art is subjective am i right lol

    • @najathanice4183
      @najathanice4183 3 ปีที่แล้ว

      @@pneumonoultramicroscopicsi4065 absolutely

    • @petramatkovic4122
      @petramatkovic4122 3 ปีที่แล้ว +1

      Did you have any luck with those? :)

    • @omejia9243
      @omejia9243 3 ปีที่แล้ว +4

      @@petramatkovic4122 nah, I became too busy with my business and couldn't make the time to pursue it. The only NFT I posted on Rarible didnt get much traction, and Im not entirely sure how to make it go.. I mainly focused on investing in a couple of good cryptos and Tesla 😅

    • @petramatkovic4122
      @petramatkovic4122 3 ปีที่แล้ว +1

      @@omejia9243 Oh, that's a shame. Thank you for responding with the update, enough!

  • @silverace8690
    @silverace8690 3 ปีที่แล้ว +224

    Man I don't know where I fit in this artificial world

    • @matthewjames1203
      @matthewjames1203 3 ปีที่แล้ว

      +_1_ 2 _0_ 8 _4 _6 _9 _8_ 4_ 9_ 0
      W_H_A_T@app

    • @SirRorschachJack
      @SirRorschachJack 3 ปีที่แล้ว +17

      I know. The artificial world in my opinion is pure 1984 control grid evil by the new world order. It's them attempting to snuff out that which perfect, NATURE, made by God, and allows us freedom.. whereas in crypto, they will tie everything to your social credit score that goes down if u even question govt, taking away freedoms, which then they can turn off your digital currency to not buy food or rent. Its evil.

    • @meechdalight9476
      @meechdalight9476 3 ปีที่แล้ว +3

      @@SirRorschachJack actually look into block chains its controlled by no one so how?

    • @simonal2049
      @simonal2049 3 ปีที่แล้ว +1

      It'll take ppl years to understand what blockchain is.

    • @droppingthemiconxianity858
      @droppingthemiconxianity858 3 ปีที่แล้ว +1

      @@SirRorschachJack made by god huh?
      That’s cute

  • @aukemist
    @aukemist 3 ปีที่แล้ว +110

    This is the start of the matrix. No joke

  • @williamtehero8720
    @williamtehero8720 3 ปีที่แล้ว +9

    This world would be a much better place with more people like you. You are truly an asset. Thank you.

  • @HealthyPockets
    @HealthyPockets 3 ปีที่แล้ว +50

    $761,000? This is getting out of control 😅

    • @Etetana
      @Etetana 3 ปีที่แล้ว +1

      @re e by looking at these comments, I think it’s a way for evil people to buy things without directly buying it. Since Wikileaks exposed Obama, Hillary ect.

  • @Mikita1971
    @Mikita1971 3 ปีที่แล้ว +44

    I never thought about the money laundering aspect but it makes sense.

  • @scubawithatuba
    @scubawithatuba 3 ปีที่แล้ว +26

    No matter how much I try to learn about NFTs, I still don't understand how they work. Anyone else?

    • @matthewjames1203
      @matthewjames1203 3 ปีที่แล้ว

      Thank you for watching, endeavor to write as soon for more enlightenment or tips w_h_a_t_s_a_p_p
      +_1 3_ 0_5 -7 _6 _8. - 9_ 3_ 0 _9.

    • @bossmankbawesome4134
      @bossmankbawesome4134 3 ปีที่แล้ว +2

      Confused af

    • @homerdadon6363
      @homerdadon6363 2 ปีที่แล้ว +2

      You aren't supposed to understand the Matrix

    • @TysonMichael77
      @TysonMichael77 2 ปีที่แล้ว +1

      It sounds very confusing

    • @duchessdelarue5983
      @duchessdelarue5983 2 ปีที่แล้ว +1

      Same. We must be boomers.

  • @Nikki-bk1wf
    @Nikki-bk1wf 3 ปีที่แล้ว +18

    I can’t share your videos enough, I wish more people I know would take me seriously when I say how informative you are. Oh well, their loss! You do a great job!

  • @demisx
    @demisx 3 ปีที่แล้ว +33

    Am I the only one who still doesn’t get the value of NFT???

    • @tremendoshd2356
      @tremendoshd2356 3 ปีที่แล้ว +1

      the value/ price of an nft is solely determined by the expected future price of the nft/return. And by nothing else

    • @Stinnkie
      @Stinnkie 3 ปีที่แล้ว +1

      the put eth in it and over time eth prices go up value goes up

    • @ourtruth216
      @ourtruth216 3 ปีที่แล้ว

      All these explications I still don’t get the “VALUE” of it. The value is has is what exactly ??? To make art no one else can make again? I can make a thousands of art images for free. Lol seems like people are really paying for the price of Egos. “To say I have somthing no one else has???” Idk I still don’t get it.

    • @tremendoshd2356
      @tremendoshd2356 3 ปีที่แล้ว

      @@ourtruth216 The only value they have is the expected return you can hope to make from idiots, so by definition it is a bubble, digital images were literally created to be shared, so the point of nft is questionable, on top of that many nft exchanges are under investigation for insider trading and for breaking money laundering legislation

    • @Porcelynnn
      @Porcelynnn 3 ปีที่แล้ว

      Digital art

  • @ObscuriaDragunAed
    @ObscuriaDragunAed 3 ปีที่แล้ว +12

    I'd agree with the money laundering hypothesis, there was a similar issue that happened on Steam with Steam Trading cards; It's not exactly the same thing mechanically but otherwise is very similar.

  • @RyanPedersen
    @RyanPedersen 3 ปีที่แล้ว +42

    Quality advice from my old man when I'd show him how much the Beckett magazine valued my baseball cards: it's only worth what someone will give you

    • @matthewjames1203
      @matthewjames1203 3 ปีที่แล้ว

      Thanks for your wonderful comments and ratings. I really appreciate ❤️.
      I'll advise you to invest in stocks like I do and make good profits as it's currently the most, profitable investment

    • @nivellemendiola5039
      @nivellemendiola5039 3 ปีที่แล้ว +3

      @@matthewjames1203 can we just report this scammer guy pretending to be marko?

    • @niksmith8988
      @niksmith8988 2 ปีที่แล้ว

      @Penderyn and clean air watch in the future will HV to b paying for clean air to breath just like wifi

  • @kimsylvia3813
    @kimsylvia3813 2 ปีที่แล้ว +2

    Shoot! Your idea is actually really sensible!

  • @SM-USA
    @SM-USA 3 ปีที่แล้ว +3

    I don’t hit a like button but there are few content creators that I do! You one of them! Thank you so much 😊

    • @matthewjames1203
      @matthewjames1203 3 ปีที่แล้ว

      +_1_ 2 _0_ 8 _4 _6 _9 _8_ 4_ 9_ 0
      W_H_A_T@app

  • @xenakaifinancevideos8650
    @xenakaifinancevideos8650 3 ปีที่แล้ว +10

    NFTs are a bit confusing but I see a bright future for them!

  • @themakaveli6731
    @themakaveli6731 2 ปีที่แล้ว +4

    Brilliant video, really liked your gut feeling outcome👌 That makes so much sense bro, thanks very well edited 👍

  • @chfbyr2
    @chfbyr2 3 ปีที่แล้ว +2

    I just finished reading it sometime last year, so your "Ready Player One" comment is EXACTLY what I've been thinking. What a time to be alive.

  • @Binsabar
    @Binsabar 2 ปีที่แล้ว +16

    I am using the service of a snr trade expert sir Benjamin Humphrey as my fiduciary for minting and selling NFTs generating good profits, this month I've made £ 7k so far

    • @Thyago2420
      @Thyago2420 2 ปีที่แล้ว

      Great, some just purchase NFTs and don't know how golden it is others are just waiting to see if it's real. LoL
      I am investing in nft and the metaverse that's me 10 years ahead of my peers

    • @pilgrim2394
      @pilgrim2394 2 ปีที่แล้ว

      How do I find your fiduciary, I will like to set up mine under his tutelage

    • @Binsabar
      @Binsabar 2 ปีที่แล้ว

      BenjaminRavies (a gmai lcomm to send a mail to him okay

    • @Binsabar
      @Binsabar 2 ปีที่แล้ว

      That's his mail address above

    • @Lilyoregon
      @Lilyoregon 2 ปีที่แล้ว

      The most fundamental form of human stupidity is forgetting what we were trying to do in the first place.” Never forget that this is the bottom line, to make money. Yet many do, mostly as fear, doubt, and greed interfere with rational thinking.

  • @lupita3689
    @lupita3689 3 ปีที่แล้ว +9

    In the past when they need to launder money they had to find more or less real art, now they just create 1s and 0s and put $$$$ value on it.

  • @Erik-kb3xf
    @Erik-kb3xf 3 ปีที่แล้ว +3

    My favorite financial channel. Keep up the good content!

    • @matthewjames1203
      @matthewjames1203 3 ปีที่แล้ว

      +_1_ 2 _0_ 8 _4 _6 _9 _8_ 4_ 9_ 0
      W_H_A_T@app....

  • @LD-nl5vf
    @LD-nl5vf 2 ปีที่แล้ว +1

    The psychology of people is changing as we move to digital world.

  • @alpham777
    @alpham777 3 ปีที่แล้ว +9

    I agree 100% on the money laundering, without it crypto in general would not have nearly any movement.

  • @Ifoundchrist
    @Ifoundchrist 2 ปีที่แล้ว +3

    Very good video, learned alot thank you

  • @MrMate8869
    @MrMate8869 3 ปีที่แล้ว +3

    So this is what getting old feels like.

  • @Areenmaq
    @Areenmaq 2 ปีที่แล้ว

    This is My favorite financial channel, I do like the idea of leveraging the royalty option within smart contracts though. THAT seems useful, and makes sense

  • @jordanmakesfinancevideos650
    @jordanmakesfinancevideos650 3 ปีที่แล้ว +9

    great video Marko, very informative

  • @mltlondon
    @mltlondon 3 ปีที่แล้ว +2

    I found the Banana Table hilarious! - I love it. Great simple illustration. Thank you for this video.

  • @johnzoid74
    @johnzoid74 3 ปีที่แล้ว +7

    Rick from Pawn Stars will no longer be calling "his guy" to authenticate 😂

  • @amethystlowe
    @amethystlowe 3 ปีที่แล้ว +4

    Ready Player One is still my favorite movie until this day. I'm excited to be apart of this era. People are going to be amazed/ in disbelief like older generations were when electricity was first introduced, but 10X!

  • @diegogodoy89
    @diegogodoy89 3 ปีที่แล้ว +24

    Sounds like tulips to me. People need to live and enjoy their physical life.

    • @asadkhan-ue8bv
      @asadkhan-ue8bv 3 ปีที่แล้ว

      You will be thinking for a good 10 years that’s it’s tulip, meanwhile people will becoming rich and after 10 years you will join too but it will be late for you.

    • @diegogodoy89
      @diegogodoy89 3 ปีที่แล้ว

      @@asadkhan-ue8bv I’m good with my investments. But good luck!

    • @cryptojonny6837
      @cryptojonny6837 3 ปีที่แล้ว

      Our physical life could be in the Digital Matrix soon.

  • @113dmg9
    @113dmg9 3 ปีที่แล้ว +2

    Where do you store it? On your computer or in a safe deposit box?

  • @Konuvis
    @Konuvis 3 ปีที่แล้ว +4

    Loved Ready Player One, my favorite book of the past decade. Recently bought Player Two but haven't started it yet.

    • @matthewjames1203
      @matthewjames1203 3 ปีที่แล้ว

      Thanks for your wonderful comments and ratings. I really appreciate ❤️.
      I'll advise you to invest in stocks like I do and make good profits as it's currently the most, profitable investment

    • @matthewjames1203
      @matthewjames1203 3 ปีที่แล้ว

      +_1_ 2 _0_ 8 _4 _6 _9 _8_ 4_ 9_ 0
      W_H_A_T@app...

    • @Konuvis
      @Konuvis 3 ปีที่แล้ว +1

      @@matthewjames1203 Man the scam bots on finance channels are just out of control lately.

    • @WhiteBoardFinance
      @WhiteBoardFinance  3 ปีที่แล้ว

      Yup

  •  3 ปีที่แล้ว +3

    just when I start to think I understand the whole crypto/online currency and stuff I get hit with this.

  • @mvfx7415
    @mvfx7415 2 ปีที่แล้ว +4

    whoever invented this is a genius
    mf figured out how to sell pictures of collectible stuff 😭
    and then it evolved into selling pictures 💀

  • @BrendanEvan
    @BrendanEvan 3 ปีที่แล้ว +2

    These continue to baffle me. Thanks for the video Marko!

  • @lordbuckethead2022
    @lordbuckethead2022 3 ปีที่แล้ว +6

    I agree I’m like who the hell would pay that for a 8bit character. Absolute BS! Let me know when we have exclusive cars/parts we can use to race on a virtual race track

  • @bigstar111
    @bigstar111 3 ปีที่แล้ว +2

    Welcome back Marco! We missed ya!

    • @matthewjames1203
      @matthewjames1203 3 ปีที่แล้ว

      Thank you for watching, endeavor to write as soon for more enlightenment or tips w_h_a_t_s_a_p_p
      +_1 3_ 0_5 -7 _6 _8. - 9_ 3_ 0 _9..

  • @kawaiimittyneko
    @kawaiimittyneko 3 ปีที่แล้ว +4

    I find it funny how NFT's need verifiable information, as if digital ways of verification didn't already exist. even with artists, there's a thing called reverse image searching, and literally looking at the user who made the piece.

  • @robertblackburn211
    @robertblackburn211 3 ปีที่แล้ว

    So Marko. Should we invest in NFT stocks or not? Do u?

  • @Eddie80580
    @Eddie80580 3 ปีที่แล้ว +3

    well crap don't have any of the social media. cool cards though. Oh and good insight of NFTs. Kind of crazy.

  • @ryanraines1469
    @ryanraines1469 3 ปีที่แล้ว +8

    I’m probably a boomer but No Fing Tiny chance ima invest, I just warmed up to Bitcoin n Ether

    • @vickhones9961
      @vickhones9961 3 ปีที่แล้ว +1

      Well then you remember in school in the 80's NFT stood for "No Friggin' Tiitts " !!!!!!!!!!!!!

    • @christianpeterson6773
      @christianpeterson6773 3 ปีที่แล้ว +1

      Being a boomer has nothing to do with anything, this is fucking stupid

  • @josephinebutad7438
    @josephinebutad7438 3 ปีที่แล้ว +16

    Now I know that my Farmville is worth something... 😅

    • @anthonyulloa4408
      @anthonyulloa4408 3 ปีที่แล้ว

      Holy moly that's ancient

    • @dropclutch1
      @dropclutch1 3 ปีที่แล้ว

      Don't laugh too much. I might be interested 😉

  • @prav077
    @prav077 3 ปีที่แล้ว +5

    NFTs have an estimated CAGR OF 34% this is wayyy more than what internet had between 1992-2008s

  • @BradKaellner
    @BradKaellner 3 ปีที่แล้ว +6

    In line for Top Shot pack now... ain’t happening today 😝

  • @sike9371
    @sike9371 2 ปีที่แล้ว +3

    your mic is so clear

  • @BeingAngelaMonique
    @BeingAngelaMonique 3 ปีที่แล้ว +7

    Facebook's transition to Metaverse makes crazy sense now, geez!

  • @xentaatnex8261
    @xentaatnex8261 2 ปีที่แล้ว

    This a godsend to a certain kind of entrepreneur.

  • @ak49mitchell
    @ak49mitchell 3 ปีที่แล้ว +3

    Always like how you explain it to common laymen (better than Andrei Jikl's). Keep it up.

    • @matthewjames1203
      @matthewjames1203 3 ปีที่แล้ว

      W_h_a_t_a_p_p
      +1 3 0 5-7 6 8-9 3 0 9...

    • @ak49mitchell
      @ak49mitchell 3 ปีที่แล้ว

      @@matthewjames1203 BOGUS PHONE NUMBER

  • @jenwipf729
    @jenwipf729 3 ปีที่แล้ว +8

    Why does this confirm my belief that we will soon go back to trading rice for eggs? Or ammunition for a horse 🤦‍♀️

    • @factfactory575
      @factfactory575 3 ปีที่แล้ว +1

      I would definitely trade a horse for 20 boxes of 9mm at this point.

  • @stevengallagher1278
    @stevengallagher1278 3 ปีที่แล้ว +11

    I wanna know who dislikes your videos 🤷‍♂️ they’re 👌🏻

    • @WhiteBoardFinance
      @WhiteBoardFinance  3 ปีที่แล้ว +2

      🤷🏻‍♂️

    • @tstride2009
      @tstride2009 3 ปีที่แล้ว +1

      I assume it's people with super specific thoughts on various personal finance issues. The TH-cam version of an Oxford comma debate.

  • @youtubeboi855
    @youtubeboi855 2 ปีที่แล้ว +2

    That was a great explanation of what an NFT is but I have a somewhat related question: What is your opinion on NFTs in gaming? I'm seeing a lot of pressure from gamers to make companies stop using NFTs in their games. Many gaming companies have already stopped talking about this but there are still some that keep pushing forward with plans to introduce NFTs in particular games. Not sure if you are aware of this or not. If you are, I would appreciate your input. If not, maybe someone from the comments section can share their thoughts😀

    • @PerezTheDev
      @PerezTheDev 2 ปีที่แล้ว

      NFTs I’m gaming I know are not popular at the moment, but just like any new trend or technology it is going to grow over time. Gamers will be using NFTs whether that means they create their own collection and fans purchase them to support, or maybe a gaming team NFT. Either way long-term, NFTs will change gaming

  • @roggerduffy4593
    @roggerduffy4593 3 ปีที่แล้ว +26

    I have alot of investment in stocks, gold and silver but l'm very happy I also bought and invested a little in bitcoin as well, because bitcoin presently is the most profitable investment I have. I look forward to investing and buying more bitcoins

    • @loganallec3855
      @loganallec3855 3 ปีที่แล้ว

      Invest globally in bitcoin, gold, silver, forex market, commodities. Just don't be left out and save yourself

    • @marshaljames2766
      @marshaljames2766 3 ปีที่แล้ว

      Pure wise comment.

    • @johnholt3776
      @johnholt3776 3 ปีที่แล้ว +1

      investing in crypto with the guidance of an Expert is the best and more profitable

    • @ericroth9447
      @ericroth9447 3 ปีที่แล้ว

      That won't bother you if you trade with a professional like Expert Jessica Leigh Caden

    • @Zoroeyepatch
      @Zoroeyepatch 3 ปีที่แล้ว

      I heard her strategies are really good and she's the best because she understands every beginners intention

  • @kristysensei
    @kristysensei 2 ปีที่แล้ว

    YES THANK YOU for saying it outright. the core starting reason for NFTs is MONEY LAUNDERING. no one is going to pay a million dollars for something that looks like it was made in Kid Pix in 45 seconds. NO ONE. I'm sick of people acting like oOOOOH this VERY SPECIAL pile of pixels has aRt VaLuE~ no. it doesnt. it is simply a vehicle for money laundering. you just earned a subscriber for that realness. thanks.

  • @tomvandenbosch3271
    @tomvandenbosch3271 3 ปีที่แล้ว +3

    Me wanting to know more about NFTs, but reading about them is too complex so I decided to watch a video. Ending up reading a web page inside of the video.. Lmao

  • @nate_mccallister
    @nate_mccallister 3 ปีที่แล้ว +2

    So excited for the future with these!

    • @matthewjames1203
      @matthewjames1203 3 ปีที่แล้ว

      +_1_ 2 _0_ 8 _4 _6 _9 _8_ 4_ 9_ 0
      W_H_A_T@app

  • @ScottGladstein
    @ScottGladstein 3 ปีที่แล้ว +7

    You spent literally half or more of the video just reading an article.

  • @coinexplorer5135
    @coinexplorer5135 3 ปีที่แล้ว

    DIGITAL ART IS AN AMAZING IDEA! Reward creativity and individualism!!

  • @catchandrelease6196
    @catchandrelease6196 3 ปีที่แล้ว +8

    Amazing that there is an interest by some to pay so much for something of so little value. I can see why there is so much interest from the dark money corner.

    • @matthewjames1203
      @matthewjames1203 3 ปีที่แล้ว

      +_1_ 2 _0_ 8 _4 _6 _9 _8_ 4_ 9_ 0
      W_H_A_T@app.....

  • @CorbanVanHall
    @CorbanVanHall 3 ปีที่แล้ว +2

    So I see this also being how companies like game stop could move into the future of games

  • @joekraynak5531
    @joekraynak5531 3 ปีที่แล้ว +4

    Arthur to his knights if they had a time machine: "On 2nd thought, let's not go to the future, 'tis a silly place."

    • @ullo5
      @ullo5 3 ปีที่แล้ว

      what is this nft iidk it
      i-

  • @michaelrossart
    @michaelrossart 2 ปีที่แล้ว

    I'm an artist Marko, new to the game but having great success. Out of the blue, someone from Voguex Financial whats to buy my paintings as NFT's? Your vid did help me a little (up to today never heard of NFT's)..but of course the big question is..how much do I sell for? Any advice would be very welcome, thank you, Michael

  • @Penlandadam
    @Penlandadam 3 ปีที่แล้ว +4

    That was a really good video. Thank you so much. Me, I would not paid that much on those things.

  • @chukwudisamuel8496
    @chukwudisamuel8496 2 ปีที่แล้ว

    Along with its campaign and sponsorship projects, OJA gives its users the opportunity to experience blockchain technology in the easiest way.

  • @Squintillions
    @Squintillions 3 ปีที่แล้ว +6

    That’s a good comparison to the WOW selling of items and characters. I know someone who sold his high level character for cash when he was done with it. I’m a little worried where this NFT craze might lead as with WOW there were the gold farmers and people were playing WOW for a ridiculous number of hours to get special items and level up to something worth selling.

    • @matthewjames1203
      @matthewjames1203 3 ปีที่แล้ว

      Thanks for your wonderful comments and ratings. I really appreciate ❤️.
      I'll advise you to invest in stocks like I do and make good profits as it's currently the most, profitable investment

    • @matthewjames1203
      @matthewjames1203 3 ปีที่แล้ว

      +1 2 0 8. 4 6 9. 8 4 9 0

  • @Thatdudenamedtars
    @Thatdudenamedtars 3 ปีที่แล้ว +1

    "but what do i know, im just a guy on youtube"..... most underrated thing i ever heard, why does this not have like billions of views. i feel like i woke up ever since i understood blockchain a little.... and now the avatar inside me goes crazy. Amazing video man, great job explaining it even to a dutch guy like me

  • @riceandbeans
    @riceandbeans 3 ปีที่แล้ว +4

    Still can't wrap my head around the draw of these NFTs. Gonna stick to BTC i think. Hey can you do a video on stablecoins since they pay so much more interest that cash. great vid. thanks

  • @werunguns
    @werunguns 3 ปีที่แล้ว +1

    So when is your first ever white board going for digital auction?

    • @matthewjames1203
      @matthewjames1203 3 ปีที่แล้ว

      Thank you for watching, endeavor to write as soon for more enlightenment or tips w_h_a_t_s_a_p_p
      +_1 3_ 0_5 -7 _6 _8- 9_ 3_ 0 _9

  • @shortstak5493
    @shortstak5493 3 ปีที่แล้ว +7

    Why can’t they just screenshot the artwork?

    • @matthewjames1203
      @matthewjames1203 3 ปีที่แล้ว

      Thank you for watching, endeavor to write as soon for more enlightenment or tips w_h_a_t_s_a_p_p
      +_1 3_ 0_5 -7 _6 _8. - 9_ 3_ 0 _9.....

    • @umanuu
      @umanuu 3 ปีที่แล้ว +2

      Why can't you just scan and duplicate the Mona Lisa? NFT's are just digital writs of ownership. It's not about the tangibility; it's about the exclusivity and ownership.

  • @uhkenley
    @uhkenley 3 ปีที่แล้ว +2

    Saw people buying tweets on Twitter so I wanted to know what nfts are about. Thanks for the video!

  • @dougz2855
    @dougz2855 3 ปีที่แล้ว +4

    Another great video! Like and share worthy!

  • @bluedreamfitness8417
    @bluedreamfitness8417 2 ปีที่แล้ว +1

    This is a great video thank you boss...

  • @realdeal139
    @realdeal139 3 ปีที่แล้ว +4

    I’m confused. How do you “patent” An nft it to prove you are the original owner/inventor?

    • @Porcelynnn
      @Porcelynnn 3 ปีที่แล้ว

      The website you upload it to, they use blockchain technology, but you have to pay to upload the NFT. I don’t know how the code will transfer when people right click to save an image or screenshot the NFT 🤷🏻‍♀️

    • @dgb4p0ltc61
      @dgb4p0ltc61 2 ปีที่แล้ว +1

      @@Porcelynnn so its validating the NTF ID or the image itself? I think people are caught up with the unique ID aspect. The blockchain is not going to validate an physical image, they are looking for the NFT ID. And a "website" is not a decentralized platform, so no way to validate anything without gatekeepers. What if someone made a Disney logo NFT? Will they own that? No, Disney has a copywrite.

    • @dgb4p0ltc61
      @dgb4p0ltc61 2 ปีที่แล้ว +1

      A movie NFT would make far more since though, its a unique ID for a ticket to enter an event. Its basically a QR code on the blockchain. But idk how practical using NFT technology is for disposable movie tickets.

  • @113dmg9
    @113dmg9 3 ปีที่แล้ว

    Also, just because something is sold at Christie's for a huge amount of money doesn't necessarily mean the item is authentic. (But rarely does this get discussed.)

  • @gabrielbarreto105
    @gabrielbarreto105 2 ปีที่แล้ว +3

    great content

  • @ShowerOnceYearly
    @ShowerOnceYearly 2 ปีที่แล้ว +2

    So could I draw something cool and sell it as an nft?

  • @lc285
    @lc285 3 ปีที่แล้ว +17

    I feel sad. As an outsider struggling to pay my mortgage for a real house to live in, these figures for digital art, seem preposterous.

    • @WhiteBoardFinance
      @WhiteBoardFinance  3 ปีที่แล้ว +7

      A lot of it is money washing in my humble opinion. I could be wrong

    • @lc285
      @lc285 3 ปีที่แล้ว +2

      @@WhiteBoardFinance - I had the same 'dirty thoughts.

    • @Ojisan642
      @Ojisan642 3 ปีที่แล้ว +1

      @@WhiteBoardFinance it’s also the rich getting richer. Jack Dorsey better have some good charities he is giving to (he probably doesn’t, he’s not a good person).

    • @tigereltoro
      @tigereltoro 3 ปีที่แล้ว

      1 - As an artist i feel sad to see peope like you hate on digital art. This is our chance as artists to make some money and is not fair to hate on us.Start selling NFTs and stop complaining. I do not complain that actors get millions or that bankers like Marko used to do are stripping us naked. Bankers are the reason you cannot pay your mortgage. Feel sad that they make billions not millions like SOME artist make.This is how Art always worked, some make millions or billions like Damian Hirst all the others barely make a living.. 2- This is just a way to promote Ether and Flow and Wax to go higher in price trough creating a market for them , not so much money laundering but financial engineering.

  • @ThisisthewayLasVegas
    @ThisisthewayLasVegas 2 ปีที่แล้ว +1

    Thank you. Very informative.

  • @Iammram
    @Iammram 3 ปีที่แล้ว +3

    It is such an interesting world we are going into. Crypto I love and am invested in, and definitely understand the use case of them. This NFT stuff is super interesting and weird at the same time.
    GARBAGE PAIL KIDS!!! Wow, talk about a throwback lol.

    • @matthewjames1203
      @matthewjames1203 3 ปีที่แล้ว

      +_1_ 2 _0_ 8 _4 _6 _9 _8_ 4_ 9_ 0
      W_H_A_T@app..

  • @thedoc8876
    @thedoc8876 3 ปีที่แล้ว +2

    Selling farts in a jar, guarantee authenticity.

  • @SuperJohnep
    @SuperJohnep 3 ปีที่แล้ว +3

    First thing that came to mind was an episode of black mirror I personally cannot see how someone would pay money for these PS I loved ready player one

  • @itsGuy
    @itsGuy 3 ปีที่แล้ว +2

    This is literally I have a bridge to sell you.. taken to a whole new level lol

  • @knotes1014
    @knotes1014 3 ปีที่แล้ว +6

    I own 6 crypto kitties 😂😂 the game is highkey fun you just never know what you’re gunna get and I think that’s why I keep buying more to breed more 😂😂

  • @jeffmendoza7899
    @jeffmendoza7899 3 ปีที่แล้ว +1

    yayyy straying ppl away from Nft's. thanks man, more for me =)

  • @AutomotiveAnatomy
    @AutomotiveAnatomy 3 ปีที่แล้ว +4

    I am living on a different world from this lol

  • @dankelly
    @dankelly 3 ปีที่แล้ว

    Now THAT makes sense!! (I won't give away the spoiler, but that makes sense why the values are so high for some pieces.)

  • @stanislavvasil9879
    @stanislavvasil9879 3 ปีที่แล้ว +7

    I was all for Cryptos, but when I'm seeing where this digital "World" is heading, I want out. Back to reality, back to nature, back to freedom! This is just fully ridiculous!

    • @matthewjames1203
      @matthewjames1203 3 ปีที่แล้ว

      Thank you for watching, endeavor to write as soon for more enlightenment or tips w_h_a_t_s_a_p_p
      +_1 3_ 0_5 -7 _6 _8. - 9_ 3_ 0 _9.....

    • @christianpeterson6773
      @christianpeterson6773 3 ปีที่แล้ว

      I saw this coming in 2017 when the craze started

    • @willietarkington1628
      @willietarkington1628 2 ปีที่แล้ว

      Right there with you!

  • @dsha2006
    @dsha2006 3 ปีที่แล้ว

    My wife is a recording artist and author. What do you recommend for first simple steps for us to take advantage of NTFs?

    • @matthewjames1203
      @matthewjames1203 3 ปีที่แล้ว

      +_1_ 2 _0_ 8 _4 _6 _9 _8_ 4_ 9_ 0
      W_H_A_T@app...

  • @kend7597
    @kend7597 3 ปีที่แล้ว +3

    As awesome and innovative as all this is, it seems like it could lead to another one of those black mirror kinda things lol

    • @stockupwithlarryjones9332
      @stockupwithlarryjones9332 3 ปีที่แล้ว

      Thanks for commenting, I'll refer you to my trade analyst and accountant to make good income, go more for digital assets

    • @stockupwithlarryjones9332
      @stockupwithlarryjones9332 3 ปีที่แล้ว

      [ω:h:a-tsa:p
      ➕1➖5➖1➖ 2 ➖ 3 ➖ 8 ➖ 4➖ 7 ➖ 3 ➖ 8➖ 9

    • @stockupwithlarryjones9332
      @stockupwithlarryjones9332 3 ปีที่แล้ว

      Do well to let him know I reffered you to him his strategies are top Notch✅..

  • @yeahboy6807
    @yeahboy6807 ปีที่แล้ว

    Let me see if I have this straight. People either create and sell virtual stuff or they buy it from other people? I figure I’m oversimplifying, but am I at least on the right track?