Best NFTs Explanation For Beginners – You Are Wrong




In this video. I will try my best to make you understand what NFTs are.

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A non-fungible token (NFT) is a non-interchangeable unit of data stored on a blockchain, a form of digital ledger, that can be sold and traded.

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A cryptocurrency is a medium of exchange that is digital, encrypted, and decentralized. Unlike the U.S. Dollar or the Euro, there is no central authority that manages and maintains the value of a cryptocurrency. Instead, these tasks are broadly distributed among a cryptocurrency’s users via the internet.

You can use crypto to buy regular goods and services, although most people invest in cryptocurrencies as they would in other assets, like stocks or precious metals. While cryptocurrency is a novel and exciting asset class, purchasing it can be risky as you must take on a fair amount of research to fully understand how each system works.

DISCLAIMER: My content is never Financial advice just offering my opinion. Feel free to start asking and upvoting questions. Be sure to leave a comment, share the video, and subscribe!

Thanks for watching guys
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