NFTs, Explained

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  • เผยแพร่เมื่อ 26 เม.ย. 2021
  • Yes it's hype. But it could change our world.
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ความคิดเห็น • 22K

  • @johnnyharris
    @johnnyharris  2 ปีที่แล้ว +986

    To dive deeper into the world of crypto check out this crypto debate video I just released on my channel: th-cam.com/video/v0V_zkng4go/w-d-xo.html

    • @Boredveryverybored
      @Boredveryverybored 2 ปีที่แล้ว +13

      a

    • @DoritoWorldOrder
      @DoritoWorldOrder 2 ปีที่แล้ว +6

      I see you've actually been listening to the other side! Way to go, you've passed the ideological Turing Test.

    • @spurselite8633
      @spurselite8633 2 ปีที่แล้ว +3

      Great video on web 3 can't wait for web4

    • @Antimony145
      @Antimony145 2 ปีที่แล้ว +7

      nft cringe

    • @pikajuan7108
      @pikajuan7108 2 ปีที่แล้ว +5

      Victor Chaos introduced me to NFTs

  • @Eduardo-pc6gq
    @Eduardo-pc6gq 2 ปีที่แล้ว +17308

    No matter how well this was explained, I still feel I’m missing something fundamentally important as to why people are spending money on this shite

    • @princesolanki5914
      @princesolanki5914 2 ปีที่แล้ว +934

      Same bro 😂

    • @jakestarr4718
      @jakestarr4718 2 ปีที่แล้ว +661

      Exactly, it shows no ownership at all. It just means you purchased a digital replica to look at or listen too. It literally has no value other than someone else paid that much for it once before. However as an artist and being able to go through companies that mint the art and track the sales giving me a percentage of each sale is fantastic until the hype dies out. All it takes is one piece of your art making it into a rich collecting group where they fight over the rarest of the your minted works.

    • @jakestarr4718
      @jakestarr4718 2 ปีที่แล้ว +212

      But realize the hype is generated by these companies minting stuff... The hype never was "rich people" investing like a stock... They invested into it to create the hype... It will be a short lived thing like beanie babies as these companies can only sucker so many people to play the losing game of paying to mint art... Some parts of the market might stand through it because of sports using it like animated ball cards. Beyond that i don't really see much of a reason outside of collecting. Its a question of how many fans a specific nft market can keep, end of story.

    • @ChapterMasterADO
      @ChapterMasterADO 2 ปีที่แล้ว +127

      Bc it's gambling

    • @aprilhelm518
      @aprilhelm518 2 ปีที่แล้ว +69

      Imo, it's just so someone can brag about being rich or owning something widely admired.

  • @puzzLEGO
    @puzzLEGO 2 ปีที่แล้ว +6586

    So NFTs don’t really have value for what it is, they only have value for what people give it. Which is why in the months since this video was posted nfts went from stuff like the first tweet to a couple thousand random drawings of a monkey

    • @Gerk5point0
      @Gerk5point0 2 ปีที่แล้ว +106

      Actually they have made games and private clubs out of them now which does have value

    • @sonnykensenhuis8562
      @sonnykensenhuis8562 2 ปีที่แล้ว +290

      So just like normal art? Some modern art pieces are literally some colors on a canvas and people buy it for millions

    • @Gerk5point0
      @Gerk5point0 2 ปีที่แล้ว +56

      @@sonnykensenhuis8562 Kind of like that but if you own one of those for example some companies use ownership of one of their nft's as an exclusive membership card into a private group that hosts events with members only. And since some have a minimum purchase requirement of around 200k its pretty inclusive

    • @concretenmyveins8403
      @concretenmyveins8403 2 ปีที่แล้ว +32

      Yes the value is only what people are willing to pay. I treat it kind of like comic or sports trading. So if it’s a drawing by an artist that I already collect in the tangible world. I find it amazing ( through nostalgia) that I own the first digital print of Spider-Man #1 or my Lebron James moment. I see more video games implementing NFTs into gameplay as well. When I play XBox and purchase a skin or certain weapon this is essentially an NFT . I can see game makers creating many items with rarity involved in the future. Then they will all set up secondary market places where players can buy, sell or trade these items. Imagine a COD market place where you could buy an item that gives you even a slight edge over your competitors… and this is just one example. it’s mind boggling how big NFTs will get. The NFT market is in it infancy stage kind of like Bitcoin in 2016 with implications to dwarf crypto in marketcap size and user adoption. Happy trading… 😊🚀

    • @ab-pq9wy
      @ab-pq9wy 2 ปีที่แล้ว +6

      This man has no idea what a nft can be trust his video and fall

  • @maryt9251
    @maryt9251 ปีที่แล้ว +495

    Thank you for being there LIBERTONCORP when I wanted you to..... I was lost in this new world that I was hassled to start with ....you not only guided me along the way but you also showed me the proper way....whatever little I have been able to achieve in life is because of you today ..... I want to thank you for being there and showing me the proper way of doing thing for me you are my best guide as you truly showed me the way to life....once again , I would like to tell you a heartfelt thanks for being there.

  • @faerie5926
    @faerie5926 2 ปีที่แล้ว +6864

    As a digital artist one of my biggest concerns about NFTs is art thieves. I wouldn't want people getting tons of money off of art that I spent hours on, and wasn't planning on selling.

    • @PK-Radio
      @PK-Radio 2 ปีที่แล้ว +1346

      Hey that's a nice nft you got there
      It would be a shame if I
      Screenshot

    • @arinrxn
      @arinrxn 2 ปีที่แล้ว +489

      the smallest thing you could do to piss them off is to screenshot the nft that "they own", and joke like "guys look i do nft's now lolololol" what would they do? say to delete the screenshot? its originally made by you anyway

    • @dnegel9546
      @dnegel9546 2 ปีที่แล้ว +292

      You thief using my name. Now prepare for trouble

    • @xrdeveloper942
      @xrdeveloper942 2 ปีที่แล้ว +153

      their copy of your work would not have the same id as yours and will be obviously fake and you could sue them . thats wht nft does .

    • @tbjw1
      @tbjw1 2 ปีที่แล้ว +62

      Do artist still use watermarks on their online images?

  • @glitchboi3537
    @glitchboi3537 2 ปีที่แล้ว +15719

    These art styles go so hard. Feel free to screenshot.

    • @hansfromcongo6322
      @hansfromcongo6322 2 ปีที่แล้ว +558

      No pay $39500, or

    • @LoggHill
      @LoggHill 2 ปีที่แล้ว +190

      @Central Intelligence Agency _________.

    • @danielgames13
      @danielgames13 2 ปีที่แล้ว +93

      @@hansfromcongo6322 no lol

    • @d1mg_754
      @d1mg_754 2 ปีที่แล้ว +119

      waaah waaah pay 3 thousand ETH or you wil lbe fined !!!1!!!

    • @glitchboi3537
      @glitchboi3537 2 ปีที่แล้ว +164

      @@hansfromcongo6322 *screenshots*

  • @emmanuelfah1230
    @emmanuelfah1230 ปีที่แล้ว +69

    “Your money is just a number on the screen “. That hit hard.

    • @stanislavbandur7355
      @stanislavbandur7355 ปีที่แล้ว +1

      how it differs from "Your money is just number on the paper" ?

    • @notmenotme614
      @notmenotme614 ปีที่แล้ว +2

      That’s why it’s better to own something physical like gold. They cant make gold magically disappear or change its amount. 1lb of gold will always be 1lb of gold

    • @paulshaju2806
      @paulshaju2806 ปีที่แล้ว +1

      @@notmenotme614 but gold is also like nft if you think about it. If people loses interest in that commodity then it's worthless

    • @ntuthuko3175
      @ntuthuko3175 ปีที่แล้ว +3

      @@paulshaju2806 Except, gold is a real, physical, finite commodity with tangible utility. It cannot be replicated or mass produced at will, therefore it will always be rare, and since value is associated with rarity, it will always be valuable.

    • @paulshaju2806
      @paulshaju2806 ปีที่แล้ว

      @@ntuthuko3175 it has utility but if you think about it almost every mineral or metal has utility.
      What I'm trying to say is that gold is definitely rare but why is rare considered valuable? It's because of human perception
      On the other hand why is food or grain considered valuable it's because it's human need it's a necessity
      Gold is not a necessity we can live without gold
      Real necessity is food ,clothing etc
      And these were a lot more valuable than gold during early ages

  • @fuchs2b
    @fuchs2b ปีที่แล้ว +223

    The future is now , you all need to start somewhere no matter how small #VCORPINVEST

  • @mitchyoza14
    @mitchyoza14 3 ปีที่แล้ว +10307

    I'm glad this man uses pokemon cards and orange jackets when explaining things in his videos so I, an adult child can understand.

    • @iniesta8856
      @iniesta8856 3 ปีที่แล้ว +183

      Same here mate, same here 🙋‍♂️

    • @plg6773
      @plg6773 3 ปีที่แล้ว +108

      and pizza!

    • @msjdb723
      @msjdb723 3 ปีที่แล้ว +31

      👍🏻🤣

    • @johnnyharris
      @johnnyharris  3 ปีที่แล้ว +1954

      Turns out we all, myself included? Are adult children. The plague of our communication culture is that we try to sound smart and complicated and the result is no one really understands. I make these videos in a way I would want to explain it to me.

    • @beniaminmiara8573
      @beniaminmiara8573 3 ปีที่แล้ว +10

      this guy is hypocrite! he is using YT which consumes much more energy that this ETH protocol! your NETFLIX bs as well!!!!!!!! go away UNSUBSCRIBED!!!!!!!!!

  • @michaelc6346
    @michaelc6346 3 ปีที่แล้ว +2698

    Why does all of this stuff make me wanna live off the grid in the woods somewhere far, far away from everyone in existence?

    • @jernyx9139
      @jernyx9139 3 ปีที่แล้ว +236

      probably because it makes real society feel less real since this is a huge leap into making everything digitizable

    • @vallas8345
      @vallas8345 3 ปีที่แล้ว +14

      Me too

    • @BlackandWhitecustoms
      @BlackandWhitecustoms 3 ปีที่แล้ว +50

      Probably because you suffer from anxiety and have lack of confidence in your ability to Adapt to new times 🤔

    • @michaelc6346
      @michaelc6346 3 ปีที่แล้ว +297

      @@BlackandWhitecustoms maybe I just lack the ability to follow the heard blindly like the rest of you crypto cry babies?

    • @BlackandWhitecustoms
      @BlackandWhitecustoms 3 ปีที่แล้ว +30

      @@michaelc6346 your weak that's why you run. I control my environment so I don't care what happens my circle will survive and make changes as we have. So go run and hide in the trees with the other of the weak people who don't know how to make moves and think they have to make be like society

  • @vonSmash
    @vonSmash ปีที่แล้ว +71

    1:04 What is a NFT
    2:32 Ad break
    3:41 Fungible - Replaceable
    5:42 Difference between Fungible & Non-Funglible
    6:00 Token - Blockchain
    9:57 Examples
    13:07 The Flip-side to the big fad (as of April 2021)
    16:36 Outro

    • @smartsmartie7142
      @smartsmartie7142 5 หลายเดือนก่อน +3

      Oof I had to scroll through a lot of bots to see this

  • @waveefn1079
    @waveefn1079 ปีที่แล้ว +328

    Determination is highly needed in stocks trading. What most people see at a glance wealth, a great career, purpose is the result of hard work and hustle over time, we all need make moves now #VCORPINVEST

  • @TheNewTravel
    @TheNewTravel 3 ปีที่แล้ว +7490

    Mainstream news media couldn't make content this good if they tried.

    • @anp1609
      @anp1609 3 ปีที่แล้ว +64

      well good thing cause they dont even try

    • @Tekau1
      @Tekau1 3 ปีที่แล้ว +40

      tbh they could easily do better that just doesn’t sell

    • @wowsuchhandle
      @wowsuchhandle 3 ปีที่แล้ว +27

      They actually could. They have all those people but they don't because they have to pump news every day.

    • @cheechenc7260
      @cheechenc7260 3 ปีที่แล้ว +16

      they can. only that it’s 70% ads. Not even unique ads probably just 5 ads repeated over and over again

    • @xqnime
      @xqnime 3 ปีที่แล้ว +16

      Mainstream media can't get their head out of the democrats a$$

  • @howiegaming9985
    @howiegaming9985 2 ปีที่แล้ว +6057

    This is honestly just depressing and making me wish we never stopped being hunter gatherers.

    • @izzybee3354
      @izzybee3354 2 ปีที่แล้ว +221

      Throw away your phone and live in the woods then

    • @howiegaming9985
      @howiegaming9985 2 ปีที่แล้ว +608

      @@izzybee3354 thats my plan actually, once i am free of my family obligations.

    • @professionalcatgirl8592
      @professionalcatgirl8592 2 ปีที่แล้ว +137

      @@howiegaming9985 good luck with that then lmao

    • @gkk116
      @gkk116 2 ปีที่แล้ว +92

      @@izzybee3354 Yeah, because thanks to my wooden shack the earth will no longer change its climate drastically, that's what'll happen

    • @redking36
      @redking36 2 ปีที่แล้ว +116

      @@gkk116
      I don’t even care about that, it’s the fact that people are spending many times our bank accounts on basically nothing while we sit in confusion.

  • @philipvincent3342
    @philipvincent3342 ปีที่แล้ว +115

    If I asked you, right now, to give me a 1-minute pitch as to why you bought/want to buy any NFTs, could you do it?

    • @legilooks
      @legilooks ปีที่แล้ว +2

      I am interested in making and selling NFT's, but right now is probably not a good time for me, considering the gas fees

    • @bonifaciomazzanti1251
      @bonifaciomazzanti1251 ปีที่แล้ว +1

      @@legilooks, They seem to think the gas fee is reasonable, but not at for some people.

    • @amyritchie4490
      @amyritchie4490 ปีที่แล้ว +1

      I don't see how cryptocurrency and the idea of NFTs will have value for the internet in the future,

    • @younglee-segredo831
      @younglee-segredo831 ปีที่แล้ว +5

      If you venture into NFTs because of the hype, it's not going to be good, it is very important to follow a plan, and using the correct techniques could be very beneficial also have a Financial broker like Cintra V. Bedassie who guided me through the rough market and my wallet has increased to 7x of the total money invested.>

    • @charlestancred6181
      @charlestancred6181 ปีที่แล้ว +2

      @@younglee-segredo831 So, how do i get to this advisor because i don't understand this NFT?

  • @BiodegradableYTP
    @BiodegradableYTP 3 ปีที่แล้ว +3013

    "I mean, I could donate $69M to something beneficial like cancer research or causes to help the impoverished... Nah I'm gonna blow it all on a JPEG."

    • @8HHC
      @8HHC 3 ปีที่แล้ว +154

      That would not even make a dent in cancer research, big pharma has trillions and so much power

    • @lesaturno6728
      @lesaturno6728 3 ปีที่แล้ว +371

      @Eagle Beast of Prey here you dropped your tin foil hat

    • @failburgerz
      @failburgerz 3 ปีที่แล้ว +184

      Its being used to launder money

    • @Dannylol
      @Dannylol 3 ปีที่แล้ว +34

      @Eagle Beast of Prey ok trump supporter

    • @Jebbidan
      @Jebbidan 3 ปีที่แล้ว +20

      @Eagle Beast of Prey no no no, the guy you are making fun of is right, you dropped your schizo medicine and your tin foil hat

  • @thememeestfilmbuff
    @thememeestfilmbuff 3 ปีที่แล้ว +2542

    *This video is so high quality,* that it probably would be sold for millions through NFT’s.
    _Not saying that anyone should actually buy it with NFTs._

    • @JohnDoe-vh7vc
      @JohnDoe-vh7vc 3 ปีที่แล้ว +12

      I wouldn't agree

    • @bradleypitt3525
      @bradleypitt3525 3 ปีที่แล้ว +7

      @@JohnDoe-vh7vc contact the whatsapp number for more understanding

    • @rayzard3687
      @rayzard3687 3 ปีที่แล้ว +2

      69blikes

    • @je7647
      @je7647 3 ปีที่แล้ว +4

      @@bradleypitt3525 where do i invest?

    • @bradleypitt3525
      @bradleypitt3525 3 ปีที่แล้ว +6

      @@je7647 contact the whatsapp number now

  • @billieticklish
    @billieticklish 7 หลายเดือนก่อน +2

    Basically "copyright" but the trust isn't held by a government, but rather by millions of computers.

  • @ElusivEnigma
    @ElusivEnigma 3 ปีที่แล้ว +14582

    Edit: You will never know why I got this many likes.
    Thank you all

    • @lordcrabby197
      @lordcrabby197 3 ปีที่แล้ว +174

      Indeed

    • @reisslane1327
      @reisslane1327 3 ปีที่แล้ว +1052

      Thats the intelligent way of putting it
      I would have called it the era of morons

    • @SunSunSunn
      @SunSunSunn 3 ปีที่แล้ว +403

      It's been that way since we transcended the basic needs of life. Nothing new, happening for centuries.

    • @johndonaldson3619
      @johndonaldson3619 3 ปีที่แล้ว +234

      I guess you've never heard of the Tulip mania in the 1700's....this is nothing new in humanity

    • @dwillbecancelledsoon4086
      @dwillbecancelledsoon4086 3 ปีที่แล้ว +177

      @@johndonaldson3619 Human nature might be the same, but considering that we still reference tulip mania today suggests that this was a highly unusual event rather than the norm that it would be today

  • @binaryburnout3d
    @binaryburnout3d 2 ปีที่แล้ว +3491

    There are a bunch of Artists I follow who are deeply effected by this. One in particular is against NFTs because of the geoimpact, and some one, or group of persons are taking her art and making NFTs of it against her will. it just brutal. And there doesn't seem to be any way to hold these people accountable because it's so decentralized.

    • @arinrxn
      @arinrxn 2 ปีที่แล้ว +306

      as an artist, that genuinely sounds so annoying and sad. imagine putting your hard work and skills, finally having a piece you're proud of then posting it to your social media account but a random person just steals it and has the potential to PROFITS off of it.

    • @arinrxn
      @arinrxn 2 ปีที่แล้ว +117

      @@reyalfa18 the ONLY work they did was taking a screenshot, thats it.

    • @chiqa2448
      @chiqa2448 2 ปีที่แล้ว +25

      Artists can make a slogan im digital art they make that acts like a watermark showing the person who made it in reality against NFT. Lhotoshop #NFTScheme or something over a tattoo or beard.

    • @newsaxonyproductions7871
      @newsaxonyproductions7871 2 ปีที่แล้ว +45

      I agree with most of that, but I do dislike when people talk about the geo-impacts of blockchains. Why is the focus always on this new technology disrupting things and causing climate change and not on the fossil fuel plants literally polluting out the CO2? As civilization advances, more and more electricity will be consumed, and blockchains are just a part of that new future.

    • @seemysight
      @seemysight 2 ปีที่แล้ว +26

      @@reyalfa18 correction. Copyright laws still apply here. You can sue them

  • @lamarisd
    @lamarisd ปีที่แล้ว +430

    Finally someone who is willing to teach us younger guys instead of pushing some bs course on us. Appreciate it #VCORPINVEST

  • @willbabik404
    @willbabik404 ปีที่แล้ว +331

    Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works #VCORPINVEST

    • @user-ejxomyq
      @user-ejxomyq ปีที่แล้ว +3

      NFTs aren't an investment. It's a scam!!

  • @giraffeman326
    @giraffeman326 2 ปีที่แล้ว +2414

    Everyone: “Modern Art is way too expensive for what it is”
    NFT: “Hold my image”

    • @EATMEGUD
      @EATMEGUD 2 ปีที่แล้ว +7

      Was literally having what you just said on my mind all week

    • @dashhhh8228
      @dashhhh8228 2 ปีที่แล้ว +12

      "... For 2.700.000$!"

    • @revolvingworld2676
      @revolvingworld2676 2 ปีที่แล้ว +15

      At least modern art doesn't hurt the environment.

    • @giraffeman326
      @giraffeman326 2 ปีที่แล้ว +34

      @@revolvingworld2676 technically all the canvas used from trees is hurting the environment, but when in comparison to all the power used of NFT’s… yeah you’re right.

    • @revolvency
      @revolvency 2 ปีที่แล้ว +10

      They both full of money laundering, but as an artist, I really hate computer generated NFT jpegs. Even Pokémon trading card would make more sense than these NFT

  • @ChloeCara
    @ChloeCara 3 ปีที่แล้ว +1388

    Anyone else just feels like Johnny's explainer content is one of the most creative on the platform? I’m always left wondering how he makes the most “mundane” topics seem so fascinating

    • @lukacerar5215
      @lukacerar5215 3 ปีที่แล้ว +3

      There is always another

    • @larslover6559
      @larslover6559 3 ปีที่แล้ว +5

      This topic is not "mundane" though! Blockchain might well be as big as the social media revolution. WWW 3.0?

    • @dhiabvaheed284
      @dhiabvaheed284 3 ปีที่แล้ว +4

      well, he is one of the best editors on the platform

    • @AlphaHealthYT
      @AlphaHealthYT 3 ปีที่แล้ว +1

      I'm trying to do a similar style, different content. Maybe you'd enjoy it as well.

    • @TheConfuciusPanda
      @TheConfuciusPanda 3 ปีที่แล้ว +1

      @@larslover6559 I came to say this.

  • @WitchZStudios
    @WitchZStudios ปีที่แล้ว +333

    Getting a way to make income without having to leave home isn’t exactly as easy as you all think it is , talk is cheap and it’s sure easier said than done , I have my source , and I would rather stick to that, it pays well, even my stepdad quickly #VCORPINVEST

  • @KiwiBeeArt
    @KiwiBeeArt 3 ปีที่แล้ว +627

    I wish you brought up how nft's created a boom in art theft where people were selling things they didn't own and didn't make, like how many artists have found their work being sold on nft websites without their permission, or even their knowledge and receiving 0% of the money from the sales

    • @llamafromspace
      @llamafromspace 3 ปีที่แล้ว +106

      That is an excellent point. Crazy that it is a flip on the typical art theft of how easy digital stuff is to copy.

    • @cubeography
      @cubeography 3 ปีที่แล้ว +120

      i saw one on twitter where a recently dead arttist's work was sold as an nft and none of the money went to the family

    • @KISSMYACE3203
      @KISSMYACE3203 3 ปีที่แล้ว +28

      The thing I don't get though, is they don't have a physical copy of it. It's like if I posted a photo on facebook, and someone tried to sell it. Well, on Facebook it's a super low, shitty resolution, whereas the original in my computer is 40MB of raw detail, that the buyer nor the seller have.

    • @l.a.4149
      @l.a.4149 3 ปีที่แล้ว +28

      @@cubeography Are you talking about Qinni (@QinniArt), the artist that died last year? Yeahhh shit's fucked

    • @BallisticaMetal
      @BallisticaMetal 3 ปีที่แล้ว +10

      That's what I was thinking, I can get Mia Khalifa's debut video, Mayweather first professional fight, etc... and sell that as a NFT, it's retarded

  • @phdtobe
    @phdtobe 3 ปีที่แล้ว +452

    Someday, a digital picture of Johnny’s worn orange jacket will probably sell for a thousands of dollars at an NFT memorabilia auction.

    • @thomasduffyjr
      @thomasduffyjr 3 ปีที่แล้ว +3

      I will buy it 😂

    • @nomadMik
      @nomadMik 3 ปีที่แล้ว +3

      I outbid @@thomasduffyjr by ฿1! 😉
      (That's 3 US cents. I don't know why Johnny used the baht symbol to represent Bitcoin. I hope that's not what the cryptonutters are doing.)

    • @relentlessmadman
      @relentlessmadman 3 ปีที่แล้ว

      yeah but I ain't buying one!!!!

    • @ShiaGirl18
      @ShiaGirl18 3 ปีที่แล้ว

      Yes! This is a good one.

    • @nikitamishra3408
      @nikitamishra3408 3 ปีที่แล้ว

      @@thomasduffyjr i will buy it too !!

  • @ahmadaziz5452
    @ahmadaziz5452 ปีที่แล้ว +68

    I HAVE BEEN MAKING LOSSES TRADING MYSELF...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?

    • @markfreund8904
      @markfreund8904 ปีที่แล้ว

      Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade

    • @Calvin_anderson
      @Calvin_anderson ปีที่แล้ว

      I will advice you should stop trading on your own if you keep losing

    • @Calvin_anderson
      @Calvin_anderson ปีที่แล้ว

      And start trading with Mrs Cassandra Roberts trading services

    • @Calvin_anderson
      @Calvin_anderson ปีที่แล้ว

    • @justinhudson6561
      @justinhudson6561 ปีที่แล้ว

      @@Calvin_anderson Wow I'm just shock you mentioned and recommended Expert Mrs Cassandra Roberts I thought I'm the only trading with her

  • @sosyaladam5456
    @sosyaladam5456 ปีที่แล้ว +231

    Successful people don't become that way overnight .most people you see as a glance-wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life #VCORPINVEST

  • @abhi7232
    @abhi7232 3 ปีที่แล้ว +361

    He always manages to scratch that particular itch in your brain that you didn't know existed. Half an hour later you find yourself down the rabbit hole.

    • @anasalattar7591
      @anasalattar7591 3 ปีที่แล้ว +2

      U wrong

    • @marvin2678
      @marvin2678 3 ปีที่แล้ว

      @@anasalattar7591 I think he's right why do you think he's wrong

    • @Ellie-xj1sc
      @Ellie-xj1sc 3 ปีที่แล้ว

      Exactly!!!

    • @SandyQuintans
      @SandyQuintans 3 ปีที่แล้ว +3

      Exaclty, I'm still reading about ice cream machines hahahaha

    • @marvin2678
      @marvin2678 3 ปีที่แล้ว

      @@SandyQuintans hahaha

  • @flashcash
    @flashcash 2 ปีที่แล้ว +1930

    Good explanation.

    • @bucherwurm5344
      @bucherwurm5344 2 ปีที่แล้ว

      Petition to blow up the Ethereum wharehouse

    • @courtjester6408
      @courtjester6408 2 ปีที่แล้ว

      @@bucherwurm5344 is nft still alive or dead

    • @bucherwurm5344
      @bucherwurm5344 2 ปีที่แล้ว

      @@courtjester6408 I dont know, but i hope its the latter one

    • @promiseaustin4709
      @promiseaustin4709 2 ปีที่แล้ว

      th-cam.com/video/TjHk9XTsG7k/w-d-xo.html

  • @tomasajablonskitl9207
    @tomasajablonskitl9207 2 ปีที่แล้ว +560

    im trying to figure out how to stake tokens that i just bought, where do i input these words? Hire manage cloth online tilt climb sick fury pave amateur mosquito cliff

  • @craigsnortsfruitshoots2811
    @craigsnortsfruitshoots2811 2 ปีที่แล้ว +1533

    Imagine spending thousands on a picture when you can just screenshot it or take a photo

    • @philsbootleg
      @philsbootleg 2 ปีที่แล้ว +49

      Im pretty sure nft is gonna be a big part of the metaverse and nft is only 1of1 and you know it’s 100% authentic when buying an nft

    • @jojothejanitor2134
      @jojothejanitor2134 2 ปีที่แล้ว +362

      @@philsbootleg There's nothing that makes it authentic expect for your own perspective. No one cares if you own a shitty picture, especially when you're harming the environment by doing so.

    • @NIGHTSHADE31401
      @NIGHTSHADE31401 2 ปีที่แล้ว +17

      @@jojothejanitor2134 Yeah, buuuut money.

    • @glitchboi3537
      @glitchboi3537 2 ปีที่แล้ว +26

      @@philsbootleg Imma screenshot

    • @vijay-jw8gq
      @vijay-jw8gq 2 ปีที่แล้ว +79

      @@philsbootleg who the fuck cares about the metaverse go outside bozo

  • @aashirimran466
    @aashirimran466 ปีที่แล้ว +1

    Dude I just found your channel and most of the stuff I see here is super informative. Keep up the good work. Respect 👊!

  • @michaelpearson9646
    @michaelpearson9646 2 ปีที่แล้ว +458

    *I have been on stocks for quite a while now and it’s been going well , but I would also like to find a new place to expand you know what I mean?*

    • @deborahfranklin9370
      @deborahfranklin9370 2 ปีที่แล้ว

      Do you have any stock sites that you recommend for new investors to research?

  • @cxrlitosway
    @cxrlitosway 2 ปีที่แล้ว +1858

    Thank you for your explanation, out of all the videos I've seen this was by far the most clearest. Looks like I'll just be screenshotting the NFTs I like cause ain't no way I'm spending thousands on a JPEG

    • @Luvmeesh
      @Luvmeesh 2 ปีที่แล้ว +5

      100

    • @slavicqueen
      @slavicqueen 2 ปีที่แล้ว +115

      I think ppl buy them just because they think the value of it will grow more, because it's like a rare thing and therefore they're just hoping to resell it to make money off it.

    • @fernandocontreras4981
      @fernandocontreras4981 2 ปีที่แล้ว +198

      @@slavicqueen
      A bunch of scammers scamming each others basically.
      Following the "There's always a bigger fool" philosophy.

    • @cxrlitosway
      @cxrlitosway 2 ปีที่แล้ว +62

      @@slavicqueen I agree....90% of the NFTs I've seen are ugly as hell though, no clue how they sell for so many thousands and mlllions of dollars. Like the pixelated portraits of cartoon illustrations "crypto punk" or whatever

    • @slavicqueen
      @slavicqueen 2 ปีที่แล้ว +41

      @@cxrlitosway lol exactly, all of them are just so ugly and stupid I literally don't understand the hype that's been created. What if you never get your money from it? And now that's what your millions are put into. Some stupid pixilated image on computer. 🤦‍♀️ pffft I'd rather buy land with that much money

  • @sielsounds
    @sielsounds ปีที่แล้ว +10

    You have become the guy I come looking for when something is boggling my mind. THANK YOU for your content!!

  • @jamalalmaranderson745
    @jamalalmaranderson745 ปีที่แล้ว +3

    Bro, I want to sincerely thank you, you literally gave me a new and simplified way to look at things! Saved my life!

  • @deadlycucumber9020
    @deadlycucumber9020 3 ปีที่แล้ว +583

    Johnny Harris: This orange jacket has sentimental value to me. I am attached to it
    Also Johnny Harris: YEET

  • @alihassanmalhi7553
    @alihassanmalhi7553 3 ปีที่แล้ว +116

    This guy explains complex concepts so simply that you are ready to write an essay on the topic after watching a 15-20 minutes video. Johnny is my favorite teacher ❤️

    • @NSKGamer
      @NSKGamer 3 ปีที่แล้ว

      Are you planning to buy an NFT now?😛

    • @doryexplore5481
      @doryexplore5481 3 ปีที่แล้ว +1

      Reject modernity, embrace tradition

    • @3-Kashmir
      @3-Kashmir 3 ปีที่แล้ว +1

      @Johnny Harris Roflmao

  • @mohammedali9947
    @mohammedali9947 ปีที่แล้ว +21

    Success is about focusing Your energy on
    what creates results and using what you
    already know

    • @donald6402
      @donald6402 ปีที่แล้ว

      People are really making a lot of money
      from it..

    • @donald6402
      @donald6402 ปีที่แล้ว

      So investing in it wouldn't be a Bad idea

    • @leon7580
      @leon7580 ปีที่แล้ว

      Seeing you guys making much money
      trading got me wondering what lI'm
      doing wrong

    • @anthonycollins5505
      @anthonycollins5505 ปีที่แล้ว

      It's better to have a certified trustworthy
      account manager like Mr Albert Renshu
      trading for you to avoid losses

    • @philiptony9422
      @philiptony9422 ปีที่แล้ว

      Earned with Expert Albert Renshu fx

  • @CocoSustainableLife
    @CocoSustainableLife ปีที่แล้ว +46

    Love how you see the hyped moment critically! All of your videos are so well-produced and interesting!

    • @michaeldoran4367
      @michaeldoran4367 4 หลายเดือนก่อน

      19 inch VEINY BLACK KOK FORCED into a tight BUTTTWHOLE NFT

  • @Stop4MotionMakr
    @Stop4MotionMakr 3 ปีที่แล้ว +384

    Decades later we would profess love to our loved ones not by saying "I love you" but rather by saying "I value your non-fungibility"

    • @sfedosenkoo
      @sfedosenkoo 3 ปีที่แล้ว +14

      Bruh, send this to your crazy blockchain obsessed friend to show them you appreciate them.
      "I want a human that looks at me like anonymous millionaires look at NFTs"

    • @Intrepidity
      @Intrepidity 3 ปีที่แล้ว +4

      Previously, a relationship was real if it said so on your facebook profile. In the future, it'll only be real if both you and your partner say so on the blockchain.

  • @geoffheith
    @geoffheith 2 ปีที่แล้ว +1979

    When we have everything we need we create value out of something that has no value. WOW ... well said man. Great video.

    • @chrisgraham2904
      @chrisgraham2904 2 ปีที่แล้ว +4

      Why would we want to promote this concept?

    • @2010ngojo
      @2010ngojo 2 ปีที่แล้ว +33

      Everything has value, that's why it was created. Whether or not it has monetary value is another story.
      Now excuse me while I pirate all of these nfts. brb

    • @habjuandiego
      @habjuandiego 2 ปีที่แล้ว +1

      Geoff said: WOAH DEEP SHIT 😭😭😭

    • @catisreckless4647
      @catisreckless4647 2 ปีที่แล้ว +26

      Nothing has value on its own. Nothing. Something is GIVEN value. There is nothing on the planet that has any intrinsic value.

    • @alandeutsch9987
      @alandeutsch9987 2 ปีที่แล้ว +3

      yea and this isn't doing great things for the environment. we always want what we don't have. by sticking with what we have already and focusing on meaningful relationships with others, i think we can be happier and live more fulfilling lives as well as helping the environment.

  • @ijustwatchvideosandleaveco1004
    @ijustwatchvideosandleaveco1004 ปีที่แล้ว +47

    I always just saw NFTS through memes, but now that I know what they are and what they do, this is actually really flippin scary

  • @marcislinda2554
    @marcislinda2554 ปีที่แล้ว +2

    Thank you so much for all the hard work you put into making me see smiles and sacrificing everything for me. So lucky to be with you

  • @justinnolita2224
    @justinnolita2224 2 ปีที่แล้ว +109

    Cryptopunks NFT sold for millions of dollars, some people where lucky to get it early for free and later sold it for millions, you too can get access to some exclusive cryptopunks NFT by getting the right information.

  • @tomd1209
    @tomd1209 2 ปีที่แล้ว +1481

    One thing about NFTs that's rarely explained well is that NFT's are essentially a reciept of ownership. In other words, if you buy a jpeg as an NFT, you don't own that jpeg. What you own is a public receipt indicating ownership of the jpeg, and a link to that image. You own metadata. The image itself is NOT hosted on the blockchain. Because of this, while nobody can change the ledger indicating that you own the jpeg, somebody CAN change the image itself, or simply erase it. If the domain that's hosting the link goes offline, or if the owner of the domain changes the image, as the owner of the NFT, there's nothing you can do about it. Blockchain is impressive technology, but NFTs are a scam. Don't buy the hype.

    • @catisreckless4647
      @catisreckless4647 2 ปีที่แล้ว +64

      I'm still fairly ignorant on the subject, but one of my issues is this concept of NFT's being infallible proof of ownership or something. There is no such thing.

    • @Theviewerdude
      @Theviewerdude 2 ปีที่แล้ว +21

      @@catisreckless4647 well, listen to your hunch that perhaps you are ignorant.
      This guy is right that NFT's are a scam, but the method and technology for proof that you own "it" are sound, provided the blockchain itself is sound.
      In order for a transaction to be approved on the blockchain, the entire (or perhaps only a majority of 51%) need to approve it.
      Even if you manage to defraud one part of the system, the rest of it immediately recognizes the transaction as fraudulent.
      And when it is a cryptocurrency with hundreds of thousands of miners processing these transactions, you can't simply defraud the majority of them. The system is decentralized, making it impervious to fraud if it has proliferated enough.
      That said, the current cryptocurrency craze is a lot like the dot com bubble. People hyping up worthless domains as if they'll be the next big thing. Most crypto is that right now. And whatever blockchain your NFT works off of could be one of those trash coins nobody uses or could easily be hacked.

    • @catisreckless4647
      @catisreckless4647 2 ปีที่แล้ว +30

      @@Theviewerdude There is no such thing as infallible proof of ownership. That fact has nothing to do with NFT's.

    • @dihanmustakeem4089
      @dihanmustakeem4089 2 ปีที่แล้ว +31

      @@catisreckless4647 yep and the biggest irony is, who owns the art piece more? The one that screenshotted the jpeg or the one that bought the url/metadata of hosted on the Blockchain. At least I can look at the picture whenever I want lmao

    • @catisreckless4647
      @catisreckless4647 2 ปีที่แล้ว +26

      @@dihanmustakeem4089 As I said, I don't know enough about them to say "Ooo, Bad, BAD!!" But I do know that as far as I'm concerned, they are amazingly pointless. This notion that they'll "change the future" is also pretty questionable. They are merely just another fad for people to latch onto. Monkey see, Monkey do at it's purest form.

  • @user-wo8on8jd7r
    @user-wo8on8jd7r ปีที่แล้ว +219

    Success is about focusing Your energy on what creates results and using what you already know #VCORPINVEST

  • @Themajesticloot
    @Themajesticloot ปีที่แล้ว +13

    Thank you for the video. I’m a traditional artist and I get asked if my art can be purchased using NFT and it sounds so shady. I didn’t understand the concept until now. Thanks 🙏🏽

    • @suprarune
      @suprarune 6 หลายเดือนก่อน

      What did you end up doing?

    • @ssv7195
      @ssv7195 6 หลายเดือนก่อน +1

      I also found it shady to give me 3 eth for some doodles 1eth =1700usd)
      I refused because that was too shady...

  • @electrixz
    @electrixz 3 ปีที่แล้ว +583

    johnny = best teacher
    johnny = cleanest videos
    johnny = most entertaining videos
    johnny = best informational videos on YT, underrated too.

    • @willydmankal
      @willydmankal 3 ปีที่แล้ว +11

      Johnny, is also a firefighter, an astronaut, a police officer, the list goes on. What a legend

    • @hitenshah821
      @hitenshah821 3 ปีที่แล้ว +2

      Johnny = But Russia

    • @justicewarrior9187
      @justicewarrior9187 3 ปีที่แล้ว +2

      Jake Tran takes that spot

    • @AdamSielicki
      @AdamSielicki 3 ปีที่แล้ว

      James Jani is a serious contender, also 1 million + is underrated?

    • @bruh-xg6rj
      @bruh-xg6rj 3 ปีที่แล้ว

      If school had taught me like that, i'd be a genius

  • @Blackfyre741
    @Blackfyre741 3 ปีที่แล้ว +418

    The year is 2050
    “Duuuudeee you have to get out of bed! You’ve got to go to work to earn 20 magic NFT’s so you can trade them for food this week”

    • @edgardmartinez6026
      @edgardmartinez6026 3 ปีที่แล้ว +6

      VECHAIN Look it up. It’s already in the process

    • @Blackfyre741
      @Blackfyre741 3 ปีที่แล้ว +9

      @@edgardmartinez6026 Try to understand what my comment is actually saying.

    • @davisbradford7438
      @davisbradford7438 3 ปีที่แล้ว +4

      What is great is that if we are having food insecurities issues then it would be more economical from both a monetary and resource standpoint to just use a bartering system or go back to our current local currencies. The resource and energy overhead for NFT's is only culturally viable because we don't care about burning readily accessible fossil fuels.

    • @xerohpoint431
      @xerohpoint431 3 ปีที่แล้ว

      That's literally Doge coin already

    • @JacobP81
      @JacobP81 3 ปีที่แล้ว

      LOL!

  • @moshemo613
    @moshemo613 ปีที่แล้ว +2

    Art is SO MUCH MORE then just a number of people deciding that something is valuable. No one "decided" that Mozart, Miles Davis or Beatles were great -- rather there music SPOKE to people and their genius radiated through their work. Similarly, no one DECIDED that da Vinci, Monet and Picasso were great -- rather their art SPOKE to people and their genius radiated through their work.
    I remember years ago walking through a museum in Italy. It had all sorts of artists that I had never heard of as well as some famous ones. Lots and lots of paintings. I decided after a while that I was only going to look at the artist's name of a work if it spoke to me. I walked past dozens of paintings and finally found one that really struck me. I took a look at the name -- it was painted by a certain Leonardo da Vinci.

  • @shastagadsden82
    @shastagadsden82 ปีที่แล้ว +4

    Finally after a year of trying to find understanding of what NFT'S are. Thank you for explaining thoroughly.

  • @Isaiahcabanprod
    @Isaiahcabanprod ปีที่แล้ว +327

    Despite the dip in crypto, I still thank you 🙏 for the level-headed financial advice. I started forex and crypto investment with $4,345 and since following you for few weeks now, I’ve gotten $18,539 in my portfolio, Thanks so much *VCORPINVEST*

  • @Daniel-kq3hv
    @Daniel-kq3hv 3 ปีที่แล้ว +247

    Send this dude Johnny to the moon! World class content, no click bait crap, authentic, and so informative.

    • @samsawesomeminecraft
      @samsawesomeminecraft 3 ปีที่แล้ว +1

      @Johnny Harris what is this strange code?

    • @ekramhasan1907
      @ekramhasan1907 3 ปีที่แล้ว +4

      @@samsawesomeminecraft it's a fake bot account

    • @samsawesomeminecraft
      @samsawesomeminecraft 3 ปีที่แล้ว +1

      @@ekramhasan1907 plz help report them as spam

    • @vucodigitalgreer9450
      @vucodigitalgreer9450 2 ปีที่แล้ว

      Greetings!

      I'm GREER from VUCODIGITAL INC. We are NFT developers and we mint our own NFT's through OpenSea. We have NFT arts of rare kinds ON SALE! You may check our collections by clicking any link below.
      VUCO NFT COLLECTIONS
      opensea.io/Ronnie7777
      opensea.io/collection/musclefoods
      opensea.io/collection/shades-of-chameleon
      opensea.io/collection/vucoworldland
      We are also building a new virtual world called VUCO WORLD. Register, Create your own Avatar, and Play fun games FOR FREE on our website below.
      vucoworld.com/
      Trade without compromising performance and security. Create your blockchain identity at vucocash.com/
      Catch us on our official Social Media accounts.
      TIKTOK
      vt.tiktok.com/ZSePVe5Pu/
      TWITTER
      twitter.com/RonnieF99195917
      PINTEREST
      www.pinterest.ph/VucoNFT2022/_saved/
      TH-cam th-cam.com/channels/fCbZ7ENcKt_IlgFpzCGTUQ.html
      FACEBOOK facebook.com/profile.php?id=10007616895046
      DISCORD discord.gg/GH4ecpP5W8

  • @Phant0mZ_360
    @Phant0mZ_360 3 ปีที่แล้ว +457

    Johnny Harris is THE definition of high quality and quantity for content

    • @ForGrimTilTV
      @ForGrimTilTV 3 ปีที่แล้ว +5

      The amount of work must be INSANE!

    • @hehexd69420
      @hehexd69420 3 ปีที่แล้ว +4

      His content reminds me the combination of early VOX and Great Big Stories :D

    • @AminShahsavar
      @AminShahsavar 3 ปีที่แล้ว +6

      Meh, I wouldn't go that far. He's style works for many people and for others like me it's a bit too "stretched out". I feel he can easily condense this into 5 minutes and still keep his style and format.

    • @areascoda2912
      @areascoda2912 3 ปีที่แล้ว +1

      Agree

    • @TheFinalRevelation2
      @TheFinalRevelation2 3 ปีที่แล้ว +1

      Not for quantity, quantity is perhaps recent, quality no doubt

  • @BeInCrypto-News
    @BeInCrypto-News ปีที่แล้ว +3

    When referencing corporate America, he said “They don’t really care about you as they make it seem” realest thing he said...I’ve seen experienced it first hand in the DMV. Black ppl aren’t really respected in corporate America. Glad that he was able to get out of there and become his own boss LIBERTONCORP

  • @user-ml7ye7ni7q
    @user-ml7ye7ni7q ปีที่แล้ว +71

    I totally agree with what you are saying....The fact is, BTC Is the future of crypto and the questions traders ask themselves now if this is right time to invest? before jumping into conclusion i think you should take a look at things first. for the past few days the price of BTC has been fluctuatin which means the market is currently unstable and you cant tell if it is going bearish or bullish. while others still continue to trade without the fear of making lose, others are being patient. It all depends on the pattern with which you trade and also the source of your signals.I would say trading has been going smoothly for me, i started with 2.5 BTC and i have acumulated over 11.7 BTC in just three weeks, with the trading strategy given to me by expert trader mr Mason Jianjun ....

    • @user-ml7ye7ni7q
      @user-ml7ye7ni7q ปีที่แล้ว +2

      Jmasn4 0n Tele gram......📧📧

    • @andrea-glanville9990
      @andrea-glanville9990 ปีที่แล้ว

      Throughout my trading experience,Mason has been the most consistent and dependable source of information.

    • @johnsonmccollough632
      @johnsonmccollough632 ปีที่แล้ว

      he boosted my portfolio from 0.7BTC to 6BTC in two months, I couldn't be more appreciative.

    • @dr.baloghmaria2858
      @dr.baloghmaria2858 ปีที่แล้ว

      Mr Mason literally saved me, just before the crash he advised me to get out of my long position. I'll recommend him any day

    • @professor7329
      @professor7329 ปีที่แล้ว

      I invest with Mason too, he understands every beginner's intention and fixes you to a trading plan that matches your capacity.

  • @yolandamarley8367
    @yolandamarley8367 ปีที่แล้ว +246

    I’ve been with *VCORPINVEST* for more than five years and it’s one of the best decisions I’ve made in terms of investing. I use my self-directed IRA with Preferred Trust Company. I work with my Investment Representative from Ignite Funding who is very professional and knowledgeable as well as the other employees in other departments. I get answers to my questions right away. I have more than 20 loans at the moment and interests are paid in a timely manner. I’m grateful to have them.

  • @bigkahunasc
    @bigkahunasc 2 ปีที่แล้ว +376

    The jacket analogy to explain fungibility was so good. First explanation thats actually got me to understand it lmaoo

    • @denisedixon9146
      @denisedixon9146 2 ปีที่แล้ว +2

      Rcc

    • @imbrakingthrough2152
      @imbrakingthrough2152 2 ปีที่แล้ว +1

      Nah

    • @bigkahunasc
      @bigkahunasc 2 ปีที่แล้ว +4

      @@imbrakingthrough2152 [Verse 4: Dwayne Johnson & Tech N9ne]
      It's about drive, it's about power, we stay hungry, we devour
      Put in the work, put in the hours and take what's ours
      Black and Samoan in my veins, my culture bangin' with Strange
      I change the game so what's my motherfuckin' name? (Rock)
      What they gonna get though?
      Desecration, defamation, if you wanna bring it to the masses
      Face to face now we escalatin' when I have to put boots to asses
      Mean on ya like a dream when I'm rumblin'
      You're gonna scream, "Mama"
      So bring drama to the king Brahma (Then what?)
      Comin' at ya' with extreme mana (Ahoo, ahoo, ahoo)

    • @bigkahunasc
      @bigkahunasc 2 ปีที่แล้ว +1

      ​@Enthusiastic Aizawa I don't care

  • @WorthOfMouthTV
    @WorthOfMouthTV 3 ปีที่แล้ว +632

    This is how schools need to teach children. Johnny makes learning fun

    • @sarahcoleman3598
      @sarahcoleman3598 3 ปีที่แล้ว +12

      I had a teacher who taught a lot like this in high school and I got as excited to go to his history classes every day as I do when Johnny releases a new video. It really is effective.

    • @jamescharros1299
      @jamescharros1299 3 ปีที่แล้ว +1

      Absolutely!

    • @orwellianyoutube8978
      @orwellianyoutube8978 3 ปีที่แล้ว

      The education system doesn't want teachers like this.

    • @poika22
      @poika22 2 ปีที่แล้ว

      Except this video didn't teach anything and just threw around some buzzwords. I still don't know what the T in NFT means, which is the whole reason I clicked on this video.

    • @mil.o
      @mil.o 2 ปีที่แล้ว +1

      @@poika22 token, the proof that you own that digital product basically

  • @dejamike88
    @dejamike88 หลายเดือนก่อน +1

    Time was much simpler when “tokens” only meant coins that we used for arcades

  • @chox6158
    @chox6158 ปีที่แล้ว +232

    Thanks a lot⤴️For all the effort you laid, for making me smile when I was in blue, and for sacrificing your all to me. So blessed to deal with you #VCORPINVEST

  • @WilsonRidge
    @WilsonRidge 3 ปีที่แล้ว +475

    NFTs prove that rich ppl have so much money they will literally buy anything for the clout.

    • @aBowlOfOranjes
      @aBowlOfOranjes 3 ปีที่แล้ว +62

      my guillotine finger getting itchy

    • @alexphotoman
      @alexphotoman 3 ปีที่แล้ว +7

      Maybe but NFTs are not just about rich people flexing. Alot of us who are interested in NFTs want to use the technology to even the field.

    • @skylordianandy2644
      @skylordianandy2644 3 ปีที่แล้ว +2

      Yeah but the problem is the technology, and not the people using it.

    • @Glebean
      @Glebean 3 ปีที่แล้ว +18

      It's literally the opposite, it proves that poor people can finally create value from nothin and aren't limited by what rich people deem expensive, for the first time an aspiring artist can create something and sell it on the Internet without having to sell a kidney to have it auctioned off at Sotheby's! This is liberation from the capitalist machine that has placed value on paper and disconnected the world from gold which in itself is an NFT ! Think about that for a second!

    • @kiattim2100
      @kiattim2100 3 ปีที่แล้ว +45

      @@Glebean laundering & inflation at it finest.

  • @Apprendre-Photo
    @Apprendre-Photo 3 ปีที่แล้ว +1575

    To me, the main difference between NFTs and other non fungible things is an NFT have no real added value.
    You can look Mona Lisa on the internet. It's fungible, therefore it has very little value (in this case, none). Or you can pay a ticket to go see it an experience the real thing. Added value = more expensive. Or you coud buy it (if it was for sale), and then you could experience it every day. More added value = way more expensive.
    It's a pretty basic economic principle that people buying NFTs are forgetting. If it's more expensive, it's because it has more value. Sure, for a lot of things, it's 1) subjective and 2) there is a part of perceived value. But only a part. There is some real added value to possessing or experiencing the thing.
    Possessing Nyan Cat's NFT brings no more value than just watching it on the internet for free.
    That being said, people do whatever they want with their money. To me it's just foolish but hey 🤷‍♂️

    • @Thenaveensanthosh
      @Thenaveensanthosh 3 ปีที่แล้ว +90

      People don't buy valuable things like the Monalisa to experience it everyday. Even if they did, they'd have to spend more to secure it and make sure it's not stolen or damaged. They buy it for perceived value.
      NFTs have value because it's secure and verified. You can own an item for it's perceived value and not worry about someone stealing it.
      The part I'm unsure about is, these memes are floating. You don't know if people will care about Nyan cat in 20 years. Monalisa held value for 100s of years, we don't know what people will care about in 20 years.

    • @michaeljackson8002
      @michaeljackson8002 3 ปีที่แล้ว +54

      Its the exact same as art, has no actual value apart from how it makes us feel. Same with wallpaper and buying designer gear.

    • @notgoodgamer5990
      @notgoodgamer5990 3 ปีที่แล้ว +119

      I screen shot jack doeseys tweet. Same fucking thing lol

    • @vibez2806
      @vibez2806 3 ปีที่แล้ว +21

      I can look at the Mona Lisa online for free everyday. What is the difference?

    • @Thenaveensanthosh
      @Thenaveensanthosh 3 ปีที่แล้ว +18

      @@vibez2806 Not much difference in terms of experiencing art. But you buy it for 100M and sell it 120M in a few years, show off to your friends while you have it.

  • @filee9125
    @filee9125 ปีที่แล้ว +18

    Successful people don't become that way
    overnight. most people see at a glance-wealth,
    a great career, purpose-is the result of hard
    work and hustle over time. I pray that anyone
    who reads this will be successful in life

    • @lemdennis862
      @lemdennis862 ปีที่แล้ว

      That is why I had to start forex trading
      2months ago and I now am making benefits
      from it.

    • @jordanbruce6682
      @jordanbruce6682 ปีที่แล้ว

      And I can even say he is the sincere broker I
      know

    • @thomasrichard2088
      @thomasrichard2088 ปีที่แล้ว

      Yes I'm a living testimony of Expert

    • @mohammedali9947
      @mohammedali9947 ปีที่แล้ว

      He’s success story is everywhere.

    • @mohammedali9947
      @mohammedali9947 ปีที่แล้ว

      please I have been hearing about expect ALBERT from my colleagues at
      work. How can contact him

  • @poet1824
    @poet1824 ปีที่แล้ว +1

    I was just about to sell my first NFT but I don’t think I want to be a part of this anymore. Thank you for enlightening me.

  • @KevinKolbe
    @KevinKolbe 2 ปีที่แล้ว +702

    Dude...fantastic job explaining NFTs. I'll be honest, I've read some, watched a lot of videos and still never really grasped it. You made it very clear and very understandable. Oh and the production was fantastic. Well done!

    • @MASTEROFEVIL
      @MASTEROFEVIL 2 ปีที่แล้ว

      200th like

    • @trillx3544
      @trillx3544 2 ปีที่แล้ว +1

      @@MASTEROFEVIL think he explained pretty trash

    • @frankcooker8012
      @frankcooker8012 2 ปีที่แล้ว

      I use the service of a senior trade analyst Sir Benjamin H. Ravies as my fiduciary and I have been making profits minting and selling NFTs, if you don't know how to start then just seek professional help. Made £ 4000 this week

    • @frankcooker8012
      @frankcooker8012 2 ปีที่แล้ว

      BenjaminRavies (a gmai lcomm to send a mail directly okay

    • @bridgeangel9467
      @bridgeangel9467 ปีที่แล้ว

      👍

  • @isratjahansara6827
    @isratjahansara6827 ปีที่แล้ว +2

    Thank you for your honesty,I'm really impressed to see your loyalty 😌

  • @helenannleeshung9028
    @helenannleeshung9028 ปีที่แล้ว

    Thank you for explaining this to me perfectly ❤️‍🔥👌🏽🙋🏽‍♀️ You are so articulate, informed and interesting

  • @kazpaapzak8637
    @kazpaapzak8637 2 ปีที่แล้ว +391

    Its good that people are so aware of the environmental impacts of NFT's/Crypto. Prices literally fluctuate depending on how healthy the crypto is for the environment.

    • @Gh0zT-777
      @Gh0zT-777 2 ปีที่แล้ว +11

      That fact you believe humans can affect the Earths climate is so laughable, methane gasses has been releaded for MILLIENIA and the earth always makes it thru. Climate change is just another scam the Marxists use to get you to give up your rights and more power to them.

    • @avemariella
      @avemariella 2 ปีที่แล้ว +79

      @@Gh0zT-777 the changes we are seeing today are too sudden and rapid to be attributed to orbital changes. ocean temperatures and CO2 levels have simply increased way faster then ever before in Earth's history. scientists know this because the CO2 molecules released by human activities are literally different from the CO2 molecules released naturally by plants and animals. using carbon dating, they are unable to identify any other period in the Earth's history that has warmed this fast without the presence of human-caused greenhouse gasses

    • @redshuttleredacted6422
      @redshuttleredacted6422 2 ปีที่แล้ว +3

      @@avemariella ...except during apocalypses such as the downfall of the dinos.

    • @kazpaapzak8637
      @kazpaapzak8637 2 ปีที่แล้ว +39

      @@Gh0zT-777 You really believe that don't you? :(

    • @SixballQ45
      @SixballQ45 2 ปีที่แล้ว

      LOL.. what?

  • @astrokattt
    @astrokattt 3 ปีที่แล้ว +114

    I think another point worth mentioning is the impact NFTs are already having on independent artists. People can anonymously tokenize artwork that simply does not belong to them, and sell the "ownership" to someone else, often making far more money than the original artist could've ever charged for the artwork, effectively stealing their intellectual property with no repercussions.

    • @anthrosaurian
      @anthrosaurian 3 ปีที่แล้ว +2

      This same issue occurs on any media posted to the internet though.
      It isn't strictly an NFT issue.
      It is a media issue.
      How many people use a jpg of a copyrighted image or screenshot from a movie as their google account icon, for example?

    • @_Just_Another_Guy
      @_Just_Another_Guy 3 ปีที่แล้ว +21

      @@anthrosaurian Wow, I didn't know Google monetizes their fucking profile icons. /s
      😒

    • @TorIverWilhelmsen
      @TorIverWilhelmsen 3 ปีที่แล้ว +3

      Thankfully, copyright laws ignore NFTs completely.

    • @TorIverWilhelmsen
      @TorIverWilhelmsen 3 ปีที่แล้ว

      @Mee Acownt because anyone can make NFTs, not just the copyright holder.

    • @hoepatrol3361
      @hoepatrol3361 3 ปีที่แล้ว +6

      @@anthrosaurian the issue with that example is that no one is selling those jpegs meaning the artist doesn't lose anything, however in the example that the og comment provided the artist is losing out on a whole bunch of money tht is now going to someone who didn't put any work into the art at all.

  • @franklingonzaga5524
    @franklingonzaga5524 7 หลายเดือนก่อน

    It's like a house maintains a light with no one is around.

  • @ashlierose113
    @ashlierose113 ปีที่แล้ว

    Oh my god - I'm preparing for an important interview in which I have to give a presentation involving NFTs and you just saved my life! 😂🙏

  • @johnnyharris
    @johnnyharris  2 ปีที่แล้ว +914

    I created a new series. It’s the biggest thing I’ve ever made. Go watch ep 1 here: th-cam.com/video/p7_TZagxjyk/w-d-xo.html

    • @gamingchannel5846
      @gamingchannel5846 2 ปีที่แล้ว +6

      th-cam.com/video/d6lvjt1_TcQ/w-d-xo.html

    • @Myday_145
      @Myday_145 2 ปีที่แล้ว +11

      Nfts are a scam

    • @GOTTALOTTOVLOVE
      @GOTTALOTTOVLOVE 2 ปีที่แล้ว +2

      @@Myday_145 EnLighten Me ( '~' ) How So ?

    • @Tsudico
      @Tsudico 2 ปีที่แล้ว +10

      @@GOTTALOTTOVLOVE An NFT for almost anything digital does not make sense. Digital items by their nature are fungible because they can be copied quite easily. DRM (Digital Rights Management) is one aspect of how companies in the past have tried to make software non-fungible but there are plenty of examples of cracking the DRM so the software can be used by anyone. Beyond that, unless you own the physical device your digital NFT resides on then you really don't have control over it. Malicious actors could copy, modify, or delete the item itself or attack the physical hardware and/or location your digital item is at. There are too many ways that a digital item can lose value that any NFT doesn't make sense.
      NFTs make more sense for physical items because while multiple physical items can be created, they often can't easily be duplicated (and even the duplicates require time and resource to attempt forgery). With an NFT for a physical item, you can publicly check to see if the item you are purchasing has the proper chain of custody going back to the originator of the item and do so in a much easier way than currently possible unless the item only had part of its history recorded in the blockchain. Insurance also should be much easier to get for something that physically exists as opposed to a digital item.
      TL;DR: NFTs can be good for things that physically exist in our world, but digital items can be copied so easily that NFTs for them are likely a scam.

    • @RoastCDuck
      @RoastCDuck 2 ปีที่แล้ว +2

      Yeah is just black mirror level comedy and worst part is that NFTs are completely useless.
      Atleast the global public validation check list is still good concept as so far no one can modify 1 million computers.

  • @joost6994
    @joost6994 2 ปีที่แล้ว +832

    These NFT's will go down in history as one of the most stupid things in history of mankind.

    • @Daxmacloi
      @Daxmacloi 2 ปีที่แล้ว +41

      it's the same as pokemon cards or baseball collectables. It's the same thing but in a digital format.

    • @kalma8216
      @kalma8216 2 ปีที่แล้ว +61

      @@Daxmacloi But why do they cost so much?
      It's ridiculous

    • @Daxmacloi
      @Daxmacloi 2 ปีที่แล้ว +35

      @@kalma8216 Because they have added value. If there's a group of people that believes in the value of something, then that item must be valuable (that's the theory). That's why "the mona lisa" has its value: it's just a painting, but we recognize its value because "it's one of a kind" and it's been sold for a lot of money.
      Well, nft happen to be in the same spot. They are something new, a new way to sell digital art, so people grab some nft and sell them so expensive because "it's one of a kind" and because of hype.

    • @vincentanglehart140
      @vincentanglehart140 2 ปีที่แล้ว +2

      @@kalma8216 they generally don't cost this much. Of course, if you are not in this business/not interested in these things, you will hear about cryptopunks and bored apes selling for hundreds of thousands of dollars, but really, most of the goods sold as « NFT's » have just as normal prices as the « real world things »

    • @hydro7373
      @hydro7373 2 ปีที่แล้ว +36

      @@Daxmacloi Except you know they're PHYSICAL and don't require power to continually exist

  • @wakeupthemoney6849
    @wakeupthemoney6849 ปีที่แล้ว +1

    Best explanation ever!! Several yeaqrs without understanding what that heck is this and I just have to find you... Thanks man! ;)

    • @emailpperdavongmail8125
      @emailpperdavongmail8125 ปีที่แล้ว

      Reach out to 👆👆👆 and thank me later. I may be able to save you from the heartache and struggle I went through back then

  • @HeikoRohr
    @HeikoRohr ปีที่แล้ว +5

    Thank you for explaining this complicated topic in a very understandable way! Keep it up! Greetings from Germany!

    • @QuillanBrody
      @QuillanBrody 11 หลายเดือนก่อน

      How are you

  • @mabelbradley6284
    @mabelbradley6284 2 ปีที่แล้ว +677

    My marriage of 7yrs is about to crash. I am so much depressed right now and wish I never used the money I and my husband have been saving to buy our first family home. I used the money to trade in the Crypto and NFTs and everything is gone. Now he wants to divorce me. I love my husband so much and I don't want him to leave me. I feel like killing myself right now😭😭😭😭

    • @angelinalorenzo7174
      @angelinalorenzo7174 2 ปีที่แล้ว +3

      Yes Beatrice is right. Julia Mac has been trading for me since last year. I even use some of the profit I made through Julia Mac to open a company worth $85k. That woman is perfect when it comes to trading

    • @anonymousspider7044
      @anonymousspider7044 2 ปีที่แล้ว +27

      @dennis Gilbert you will get scammed again. Those Instagram traders are all scam. They take your hard earned money out of your pocket

    • @EmpressLeana
      @EmpressLeana 2 ปีที่แล้ว +30

      Pretty sure he is one of the sock puppets in on the scam. Every reply to this post before yours was.

    • @veneziafrancesco8784
      @veneziafrancesco8784 2 ปีที่แล้ว +6

      OMG! She's a wonderful woman. I know Julia personally and she's very good when it comes to trading

    • @jonathansemon4752
      @jonathansemon4752 2 ปีที่แล้ว +10

      I terribly sorry this happened to you. My advice would be to wash your hands of nfts and crypto in general and show your husband that you were scammed and that you've learned from your mistakes. Trying to get the money back by trading in more nfts would be the equivalent of a problem gambler who lost everything at the poker table say there going to win it all back by playing more poker. It would just show him you haven't learned anything.

  • @willbabik404
    @willbabik404 ปีที่แล้ว +222

    Choose the best platform to start investing today,the name below is the right choice #VCORPINVEST

  • @ClipAxis
    @ClipAxis 3 ปีที่แล้ว +578

    Johnny Harris is a legend, much love and support from Algeria 🇩🇿 I love your way of simplifying things. Thank you boss

    • @danielretardo7075
      @danielretardo7075 3 ปีที่แล้ว +1

      @@DyslexicMitochondria Your username made me click on ur profile. Your channeI is SOOO underrated bro

    • @tarik1845
      @tarik1845 3 ปีที่แล้ว +1

      He's good enough to know how the democrats and Biden operate but keeps throwing the soft ball.

    • @aby110
      @aby110 3 ปีที่แล้ว +1

      Algerian gang

    • @CrazyFunBerber
      @CrazyFunBerber 3 ปีที่แล้ว

      🇲🇦💜

    • @aklisparta3790
      @aklisparta3790 3 ปีที่แล้ว +2

      Wlad lablad yeh

  • @sooryanarayanan4273
    @sooryanarayanan4273 ปีที่แล้ว

    Thanks a lot man, great fan of our animations and presentation.

  • @mackisbrocklesnar
    @mackisbrocklesnar ปีที่แล้ว

    What ppl fail to understand is just because something is rare doesn't mean it is valuable. But then 'value' is subjective. It is difficult to differentiate between what is cool to own/ use and what is smart business.

  • @alexd4566
    @alexd4566 2 ปีที่แล้ว +287

    I’m still confused about the implications of NFTs on intellectual property rights.
    As I understand it, the purchaser does not own the underlying asset, right? The copyright is not transferred. So does this mean that the buyer of Jack Dorsey’s NFT can’t put the tweet on a T-shirt and sell it without Jack’s permission? I feel like this part of the equation is never thoroughly explained, either in the media or elsewhere

    • @bettermanchannel770
      @bettermanchannel770 2 ปีที่แล้ว +5

      I would like to know how that works, in the digital world it would be easy to track, on the material workd it brings in new regulations right?

    • @hubble5755
      @hubble5755 2 ปีที่แล้ว +50

      You're right, copyright is not transfered (unless the original author of the asset transmits rights to the owner of the NFT).
      In general, people can only claim ownership of the NFT itself, not the asset. People still give value to it because they can prove the provenance of the NFT. Consider it as being able to prove that famous basketball player xy signed your basketball, I guess.

    • @ryuken347
      @ryuken347 2 ปีที่แล้ว +7

      I don't, i will start printing this art and say it i own the paper.

    • @LegendLeaguer
      @LegendLeaguer 2 ปีที่แล้ว +5

      @@hubble5755 but you still don't own the basketball

    • @sowianskizonierz2693
      @sowianskizonierz2693 2 ปีที่แล้ว +7

      Think of it like the black market. There is no intellectual property because there are no laws and regulations yet. It's just a big ledger of people agreeing about who sold what to who

  • @AshikSatheesh
    @AshikSatheesh 2 ปีที่แล้ว +1027

    This is by far the most simplest explanation I've come across of what the Blockchain and NFT thingy is. Thanks!

    • @sugar4522
      @sugar4522 2 ปีที่แล้ว +7

      I’m glad you can understand it because I’ve no idea… if you could explain it to me like how you’d tell a child why we drive cars…🤣

    • @AshikSatheesh
      @AshikSatheesh 2 ปีที่แล้ว +2

      @@sugar4522 haha I don't think I can do it any better than what Johnny has done here.

    • @Nige.
      @Nige. 2 ปีที่แล้ว +2

      You mean you don’t blockchain?! Urgh 🤮

    • @sugar4522
      @sugar4522 2 ปีที่แล้ว

      @@Nige. I can block chain?

    • @stritax9478
      @stritax9478 2 ปีที่แล้ว

      @@Nige. blockchain>environment?

  • @nnadiaustine8863
    @nnadiaustine8863 ปีที่แล้ว

    This is a clearer explanation of nft . I learnt here The value of Nft is based on what people give it. Thanks for sharing

  • @maelgwni
    @maelgwni ปีที่แล้ว +3

    This was very well explained Johnny. Appreciate you, thank you.

    • @rmjji9948
      @rmjji9948 ปีที่แล้ว

      I’m still confused 😢 can people use my nft or the pic that I bought for example without my permission ?

    • @maelgwni
      @maelgwni ปีที่แล้ว

      @@rmjji9948 no they cant.

  • @wariolandgoldpiramid
    @wariolandgoldpiramid 2 ปีที่แล้ว +443

    I finally understood what NFTs are, and where the environmental impact argument comes from.
    Now I see why it's a serious problem.
    Thank you for the good explanation.

    • @PTIPPY
      @PTIPPY 2 ปีที่แล้ว +11

      lol I mean he didn't give much info on it except a simple "they use power so global warming" explanation. You should probably go look up things like Earth cycles and climate cycles before jumping to the conclusion that Humans are creating an issue lol.

    • @jimo9555
      @jimo9555 2 ปีที่แล้ว +5

      @@PTIPPY I'm wondering if the guy in the video worked out how many TWH facebook needs to feed its herd :p

    • @PTIPPY
      @PTIPPY 2 ปีที่แล้ว +1

      @@jimo9555 ikr lol

    • @christinab9808
      @christinab9808 2 ปีที่แล้ว +2

      @@jimo9555 BINGO!!!!! He must be on one worlder central bank system kinda dude

    • @f.n.8540
      @f.n.8540 2 ปีที่แล้ว +1

      i can make a nft that says WHATEVER I WANT. it isn't even possible to imagine a world where nfts mean ownership, because you would have to validate every nft's minter, which you need a central database for.

  • @strooterjohnson8871
    @strooterjohnson8871 2 ปีที่แล้ว +417

    *I think everyone needs to find a way to start this because it’s really important , I believe this is what the future is about and we all need to join , any tip here guys?*

  • @UncleNinjaa
    @UncleNinjaa หลายเดือนก่อน +1

    I literally said WTF is an NFT 1 second before seeing the thumbnail 😂

  • @lotusw2824
    @lotusw2824 ปีที่แล้ว

    Thank you for this explaination! It helped me alot!

    • @rmjji9948
      @rmjji9948 ปีที่แล้ว

      Does that stop people from using it without my permission?

  • @Raven-so4tz
    @Raven-so4tz 2 ปีที่แล้ว +134

    difference between an nft and the mona lisa is:
    1. the mona lisa doesnt have randomly chosen parts
    2. the mona lisa is a physical item
    3. the mona lisa is *actually* one-of-a-kind

    • @njwtube
      @njwtube 2 ปีที่แล้ว +12

      Same with his non fungible jacket. It's literally replaceable. Means less to everyone else than it does to him. It's why there is so much confusion about NFTs, no one understands it as it's just idiots with too much money swapping it between themselves

    • @victorteste5325
      @victorteste5325 2 ปีที่แล้ว +14

      @@njwtube the usual sentiment I see online is that its money laundering. I cant help but feel that way

    • @hakanayyildiz75
      @hakanayyildiz75 2 ปีที่แล้ว

      Being one of a kind doesnt necessarily make it worthy,

    • @wilsonjaksetic6009
      @wilsonjaksetic6009 2 ปีที่แล้ว +1

      Mona Lisa does have randomly chosen parts. The oil and canvas aren’t specifically chosen.
      NFT’s are only not physical, but so are photos these days. You’re telling me you don’t value your digital collection of memories?

    • @wilsonjaksetic6009
      @wilsonjaksetic6009 2 ปีที่แล้ว

      The blockchain will be the future, feel free to watch from the sidelines.

  • @CoStudiox
    @CoStudiox 3 ปีที่แล้ว +62

    Best explanation of NFT's ever. You should sell this as an NFT.

    • @jhenrick28
      @jhenrick28 2 ปีที่แล้ว

      I'll buy this for 0.5bnb.

  • @mikewozawski-pg7vl
    @mikewozawski-pg7vl ปีที่แล้ว +4

    Thanks for a decent review. Personally, I am waiting for more updates from Monsta Infinite. It has some similarities with Axie and in the game. The essence is very simple with mini game, Tapwa by moving runes on match-3 and with a little investment, you can earn STT by tributing items in the game as well

  • @rekik2936
    @rekik2936 6 หลายเดือนก่อน

    Seeing orange jackets as part of Johnny's monthly transaction makes you notice how he's so serious about that shiii

  • @TheJaredScheller
    @TheJaredScheller 3 ปีที่แล้ว +89

    One of my favorite phrases is, "something is only worth what some idiot is willing to pay for it".

    • @markmaynard6551
      @markmaynard6551 3 ปีที่แล้ว

      Make it into a NFT... what do you think it will be worth ?

  • @moeenuddin6467
    @moeenuddin6467 3 ปีที่แล้ว +126

    Money and riches are temporary, learned skills are permanent. One day your tweet is worth millions and next day the market crash and its worth nothing. But your skills, if valuable enough, will always retain their value.

    • @eder7468
      @eder7468 3 ปีที่แล้ว +7

      No one is thinking when the jpeg gets corrupted lol

    • @moniquewrites9046
      @moniquewrites9046 3 ปีที่แล้ว +2

      Amen

    • @davidwarford3087
      @davidwarford3087 3 ปีที่แล้ว +6

      Hay is this is a ad segue for brilliant or skill share?

    • @moeenuddin6467
      @moeenuddin6467 3 ปีที่แล้ว

      @@davidwarford3087 lol no...! 😂 But yeah they are all over the place and annoying as hell.

    • @piotr9567
      @piotr9567 3 ปีที่แล้ว +8

      It’s not always true. Let’s say that you know how to drive a truck. Right now it’s a valuable skill, but two decades from now it may not be valuable at all. Technology can depreciate the value of your skills. Self-driving truck would eliminate the value of your skill.

  • @isaiahjones805
    @isaiahjones805 ปีที่แล้ว

    The editing in this video is unreal

  • @ntuthuko3175
    @ntuthuko3175 ปีที่แล้ว

    Thanks for this video Johnny.
    In your earlier example of buying pizza, the block chain records the transaction but does not reflect what the transaction was for, ie purchasing pizza. In your later example however you seem to suggest that the block chain somehow reflects that the transaction is for the tweet. Which one is it? Is the pizza associated with the transaction?
    If so, can the pizza also be considered an NFT in the same way as the tweet?