What are NFTs? | The Economist



In the past year a new trend in the crypto world has boomed: NFTs, or non-fungible tokens. They started as a way for digital artists to have ownership over their work but have transformed into a dizzying new multi-billion-dollar marketplace. Are they worth the hype?

00:00 – Are NFTs worth the hype?
01:38 – How to sell an NFT
03:24 – Where did NFTs come from?
04:51 – Why are NFTs so popular?
05:45 – NFTs in the artworld
07:04 – The risks in buying and selling NFTs
08:08 – NFTs in the metaverse
08:53 – The real world uses of NFTs

Read Alice Fulwood’s cover story on decentralised finance: https://econ.st/3L3yzBh

Find our most recent coverage on finance and economics: https://econ.st/3IUZugB

Sign up to our daily newsletter: https://econ.st/3gJBH8D

Why did we decide to sell our own NFT?: https://econ.st/3ofuyzV

Listen to our podcast episode on how our NFT auction went: https://econ.st/3sccbNv

What is an NFT?: https://econ.st/3KYbtfb

Find our most-read explainers on decentralised finance: https://econ.st/3KYbDDj

Did an avant-garde French artist sell the first NFT?: https://econ.st/3s6fsxC

How is the market for NFTs growing?: https://econ.st/35HW42z

Youtube

About Meta

Compruebe también

FACT CHECK: Has Gautam Adani Endorsed Ethereum Code Cryptocurrency for Big Bucks?

A social media post claims that an accompanying link directs to an Indian Express article …

39 comentarios

  1. 🌈 Thank you for the great video. I am a travel guide. I'm presenting NFT picture tickets to travelers to commemorate the trip. It was not easy to explain and understand the concept of NFT to them, but thanks to your kind video, it has become much easier. thank you. 🐭👈

  2. Thanks to the man who put me through the NFT and the term and condition attached to the trading statistics and have been making my money since then.📈 you are free to reach him out by the name on my bio and you will surely get your best service

  3. A presenter must not speak with a full mouth, hard to comprehend

  4. NFT could be also land in virtual world. For example MARS4

  5. is she captain marvel? brie larson?

  6. Thanks to the man who put me through the NFT and the term and condition attached to the trading statistics and have been making my money since then.📈 you are free to reach him out by the name on my bio and you will surely get your best service

  7. 00:57 I really thought that she was going to say "we can see the pillars of stupidity grow".

  8. Thanks to the man who put me through the NFT and the term and condition attached to the trading statistics and have been making my money since then.📈 you are free to reach him out by the name on my bio and you will surely get your best service

  9. Thanks to the man who put me through the NFT and the term and condition attached to the trading statistics and have been making my money since then.📈 you are free to reach him out by the name on my bio and you will surely get your best service

  10. Investing is currently the most lucrative business in the world, both NFT and Crypto stocks are positively changing people's lives, I know the troubles for tech believers will be over soon

  11. honestly, I might be outing myself as a dumbo, but I do not see much artful in nfts, does anyone else here, too?

  12. . great video- can’t wait for projects with more historic use see to become common ^

  13. A very positive cover of this story, made pretty and smooth and glossing over the risks and problems. Hmm

  14. Jewish radical cash scheme to boost profits to off shore accounts in order for the Elite golem.

  15. Would have been nice to compare different Blockchains as Ethereum prices are not really feasible for many.

  16. Q What is an NFT ?
    A a new way to get burnt

  17. imagine spending over 30M for a jpeg.

  18. They are basically just a giant scam

  19. So if I own an NFT of an image, can I charge royalties or any right (like those charged by Getty Images) to anyone using that image, even of they are using a copy?

  20. Nft is a great way for elites and early investors to consolidate wealth from lower and middle class in an unregulated way

  21. You didn't mention that NFTs are a m*******ing pyramid in the current iteration & you're essentially running a coal power plant in your backyard to mint anything

  22. Mrs Charlotte's is legit and her method works like magic I keep on earning every single week with her new strategy

  23. It strikes me that many people – myself included – have stronger opinions about NFTs (either for or against them) than their understanding of the topic warrants.

  24. The Economist quite a lot addresses to British people with this very British accent

  25. But why animation/art is so bad in nft???

  26. People don't actually read the smart contracts. "Owning" NFTs is a bit of a stretch for most buyers of the NFT. You don't really own it in the way you think if you currently hold some.

  27. it equals 420,000!!!!! How incredible!

  28. Technology I can understand, but your only using that technology to hold a JPEG, nothing that would have nowhere near the same amount of value, or perhaps you'd see it as having £0 of value (save or screenshot) without the nft technology attached to it

  29. Considering that we are living in an inflationary environment where all asset prices are trading on the higher side of their respective multiples, it is possible that NFTs too are trading at the higher end. Therefore even if they are legitimate work of art, they should and must be purchased at their proper value. We are yet to see the effects of a tight monetary environment on this new digital world.

  30. Glad they included The real world uses of NFTs

  31. Market Madness surrounds a new technology – great line Alice.

Deja una respuesta

Tu dirección de correo electrónico no será publicada.