What are NFTs? A Beginner's Explanation in Plain English
I have been learning a lot about cryptography technology for years, and have been genuinely fascinated by it. One of the biggest innovations in the crypto space is called Non-Fungible Tokens or in-short NFTs.
In this video, I tried to explain the idea behind NFTs and how they work in the simplest way possible. So, I hope you will get a grasp of the concept :D
Start your journey investing in cryptocurrencies: shorturl.at/ilILS
0:00 Intro
1:18 Meaning of Non-Fungible
2:29 Meaning of Token
4:23 A simple example
5:22 How to buy, sell, and create NFTs
6:10 ETH Gas Fees
6:57 My honest opinion
7:32 Millions of $ made selling NFTs
8:22 Outro
Check out my last video about the silicon shortage causing the supply issues of the consoles, laptops, and graphics cards: • Why Everything is OUT OF STOCK?
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Who am I:
👨🎓 My name is Ahmed. I'm a Tunisian first-year computer science scholarship holder student based in Budapest. I will graduate from the Budapest University of Technology and Economics in 2023.
🎬 On my YouTube channel, I make videos mainly about computer hardware and tech. I also love talking about the creative process of making videos and productivity. I might eventually document my journey learning computer science.
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