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What Are NFTs and How Do They Work? [Video]

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What Are NFTs and How Do They Work?

What Are NFTs and How Do They Work?

NFTs are non-fungible tokens that are digital assets that represent tangible and intangible items.

These can range from collectible cards, drawings, music, digital real estate, tweets, and much more.

At a very high level, most NFTs are part of the Ethereum blockchain.

NFTs are essentially designed to give you something that can’t be copied

In this video I explain:

– What are NFTs
– Characteristics of NFTs
– What are NFTs used for
– How NFTs work
– Examples of NFT Art

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⏰ Timestamps ⏰:
0:00​​ – Introduction
0:30​ – What are NFTs and How Do They Work?
2:07​​ – Key Characteristics of NFTs
3:13​​ – Why Are NFTs Important?
4:50​​ – Why do NFTs have value?
5:55​​ – Digital Economy
7:25​​ – My Opinion On NFTs

ABOUT ME 👇

My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos are a reflection of my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.

This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort in every video that I make. I also believe in complete transparency and open communication with my audience.

Subscribe if you are interested in:
#NFTArt
#NFTs

DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.

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Investors

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