What is NFT | Crypto For beginners | Part 11

0:00 INTRO
01:06 What is NFT
01:52 Non Fungible items
05:45 how to create NFT?
06:46 Types of NFTs
10:24 Problems with NFT
This is the 11th Part of Crypto For beginners course Hindi. Learn what is a NFT and the basics of NFT. This video explains in detail on how NFT can be created and what are the types of NFT. There are many use cases for NFT. New NFT Used cases are being made everyday.
We have discussed about Gaming NFT, Virtual Land NFT, Metaverse NFt,
Music NFT, Digital NFT, Membership NFT
NFT is the emerging sector in Crypto that is NON FUNGIBLE TOKEN (NFT).
NFTs or Non-Fungible Tokens can be art, music, collectibles, games, almost everything. Due to the unique characteristics and use cases of NFTs including non-fungibility, traceability, ease of transfer, etc. the NFT market as a whole has gained a lot of popularity and traction; bringing a new wave of users to the Crypto space as well. Other reasons that contribute to the success of NFTs include the wave of digitalization and technology getting more accessible and cheaper.
People opt to do things more digitally rather than physically now and are spending more time in online environments- from gaming to living virtually in a Metaverse. The use cases for NFTs are infinite and we can expect better and more uses to come up in the future.