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
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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
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🌈 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. 🐭👈
Nice video.
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
nFT GAME IS CUTE
A presenter must not speak with a full mouth, hard to comprehend
NFT could be also land in virtual world. For example MARS4
Buy BIRDS ARE NOT REAL NFT!!!!
Guys BIRDS ARE NOT REAL!!!!
is she captain marvel? brie larson?
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
00:57 I really thought that she was going to say "we can see the pillars of stupidity grow".
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
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
XRP is the low Gas solution
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
honestly, I might be outing myself as a dumbo, but I do not see much artful in nfts, does anyone else here, too?
. great video- can’t wait for projects with more historic use see to become common ^
A very positive cover of this story, made pretty and smooth and glossing over the risks and problems. Hmm
Adult sims in virtual reality
Jewish radical cash scheme to boost profits to off shore accounts in order for the Elite golem.
Would have been nice to compare different Blockchains as Ethereum prices are not really feasible for many.
Q What is an NFT ?
A a new way to get burnt
imagine spending over 30M for a jpeg.
BS
They are basically just a giant scam
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?
Nft is a great way for elites and early investors to consolidate wealth from lower and middle class in an unregulated way
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
Mrs Charlotte's is legit and her method works like magic I keep on earning every single week with her new strategy
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.
The Economist quite a lot addresses to British people with this very British accent
But why animation/art is so bad in nft???
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.
This is a joke.
it equals 420,000!!!!! How incredible!
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
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.
Glad they included The real world uses of NFTs
Market Madness surrounds a new technology – great line Alice.