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NFTs: FULL Guide to Finding The NEXT 100x!! 💯
- TIMESTAMPS -
0:00 Intro
1:32 Guy’s Checklist
3:27 The Artistic Component
12:40 Team
15:18 Roadmap
18:40 Community
22:01 Trading Metrics
24:33 Conclusion
This full guide about NFTs will give you everything you need to know about NFTs and how to make them. I'll also do a walkthrough of creating an NFT on OpenSea, and listing it for sale. And I'll also show you how to buy NFTs in the open marketplace.
NFTs are really exciting and there is SO much potential for their usage - way beyond just buying and selling expensive digital art. The usage of blockchain technology for everything will make sense once you watch this video - it really is a useful technology that can change the world.
A non-fungible token (NFT) is a financial security consisting of digital data stored in a blockchain, a form of distributed ledger. The ownership of an NFT is recorded in the blockchain, and can be transferred by the owner, allowing NFTs to be sold and traded. NFTs can be created by anybody, and require few or no coding skills to create.[1] NFTs typically contain references to digital files such as photos, videos, and audio. Because NFTs are uniquely identifiable, they differ from cryptocurrencies, which are fungible. The market value of an NFT is associated with the digital file it references.
Proponents of NFTs claim that NFTs provide a public certificate of authenticity or proof of ownership, but the legal rights conveyed by an NFT can be uncertain. The ownership of an NFT as defined by the blockchain has no inherent legal meaning, and does not necessarily grant copyright, intellectual property rights, or other legal rights over its associated digital file. An NFT does not restrict the sharing or copying of its associated digital file, and does not prevent the creation of NFTs that reference identical files.
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