from start it is wrong explanation, NFT call NFT is not due to changeable or notchangeable, NFT is just special token that consist from only ONE token. That is the difference from regular token (that can be issued in 1000, 10000, etc) . ALL TOKEN (NFT TOKEN ALSO) ARE CHANCHEABLE!! ChangeABILITY is a key feature (on the DNA level) of ALL digital assets of the blockchain (tokens (NFT or not NFT) and coins). Again NFT is just – ONE token.
Just like a regular Joe or Joanna won't care who currently owns the Mona Lisa, they won't care who owns the NFTs for things. However, you can bet the mega rich will care.
I’ve read up on it, I’ve watched videos about it, I’ve heard celebs talk about it… but to this day I still don’t understand what the hell NFTs are haha
Why would anyone want fake "ownership" of something like a tweet or digital artwork anyway? That's what bemuses me.
You only "own" it if everyone else in the world (and the legal system) agrees that possession of the NFT means that you own it. Otherwise the NFT means nothing. Personally I think these might be more useful for things like online identity verification than "owning" stuff.
Still have many questions. The whole affair reminds me of some slick-tongue salesman selling rabbits in a bag but you're not allowed to see it.
You can also do the same thing with a QR code or a USB ? Probably even a irl if it is infact something that is 1of1 or holds value
Thank you for a very clean and lucid explanation to this vague concept; yours is the best I've seen so far; well done 👍
Thank you for sharing
from start it is wrong explanation, NFT call NFT is not due to changeable or notchangeable, NFT is just special token that consist from only ONE token. That is the difference from regular token (that can be issued in 1000, 10000, etc) . ALL TOKEN (NFT TOKEN ALSO) ARE CHANCHEABLE!! ChangeABILITY is a key feature (on the DNA level) of ALL digital assets of the blockchain (tokens (NFT or not NFT) and coins). Again NFT is just – ONE token.
Just like a regular Joe or Joanna won't care who currently owns the Mona Lisa, they won't care who owns the NFTs for things. However, you can bet the mega rich will care.
So you said I can own this video as an NFT. So will I the owner receive the revenue earned by the video or the creator of the video?
I’ve read up on it, I’ve watched videos about it, I’ve heard celebs talk about it… but to this day I still don’t understand what the hell NFTs are haha
Hello
The best video for NFTs explaination 🤩🔥
Why would anyone want fake "ownership" of something like a tweet or digital artwork anyway? That's what bemuses me.
You only "own" it if everyone else in the world (and the legal system) agrees that possession of the NFT means that you own it. Otherwise the NFT means nothing.
Personally I think these might be more useful for things like online identity verification than "owning" stuff.
this is the best explanation ever!
well, it's actually "NFT's explained in 3.5 minutes!"
Learn something,I have subscribed to your channel
Best explanation
I have many NFTs, like 86, but they never sell.
Amazing explanation!
Now that I finally understand what an NFT is does anyone want to buy this comment?
wtf
I watched but I still don't have a fuckin clue why anyone would pay Dumb Donald Trump 99$ for whatever a NFT is!