NFT's explained... (Non-Fungible Tokens) | Bored Apes, CryptoPunks, 99 Originals, etc.
Bored Apes, CyptoPunks, Logan Paul's 99 Originals -- we have all heard of these but what do they actually mean? What even is an NFT?
In this video, I will be explained what an NFT is, how it works and how it can be traded for value in the real world.
We cover what are Non-Fungible Tokens, how do NFTs work, how are NFTs different from other cryptocurrencies working in the same Blockchain Technology, how NFT became so popular and what future NFTs hold for the world's economic system.
NFT -- Non-Fungible Token
Fungible means something is able to be exchanged or substituted and will hold the same value. It's interchangeable like the dollar, gold, casino chips, bitcoin, ethereum or frequent flyer loyalty points.
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