What are NFTs?

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  • Опубликовано: 27 ноя 2024

Комментарии • 702

  • @jackieboyle9002
    @jackieboyle9002 2 года назад +95

    Pillars of stability 😀
    Pillars of Stupidity
    It's like having imaginary friends but instead you have imaginary assets

  • @ervindavida6431
    @ervindavida6431 2 года назад +93

    I made my first $million from selling my NFT, all thanks to Mr Eric for the exclusive update on NFT

  • @spacedoubt15
    @spacedoubt15 2 года назад +318

    I would have liked to have seen you cover the fact that numerous artists on twitter (and I'm sure elsewhere) have had their art stolen and put up for sale as NFT's without their consent or knowledge because there is so little regulation. They've usually only found out when their fans ask them why they got into NFT's. Then through no fault of their own they have to start contacting NFT sites to essentially claim back their own work, sometimes for dozens of individual artworks going back years that they've publicly shared either on sites like twitter or in their portfolios. And there's nothing stopping another party just doing it again.

    • @americameinyourmouth9964
      @americameinyourmouth9964 2 года назад +2

      If you don’t copyright and trademark your work before posting it you’ve given it away to the world including capitalists.

    • @silversolver7809
      @silversolver7809 2 года назад +13

      @@americameinyourmouth9964 "If you don’t copyright and trademark your work before posting it you’ve given it away to the world"
      That may be true in some countries, but certainly not in USA and many of the less-backward countries.

    • @WayneSmith4267
      @WayneSmith4267 2 года назад +7

      @@americameinyourmouth9964 just because it’s free domain doesn’t mean it’s not wrong.

    • @americameinyourmouth9964
      @americameinyourmouth9964 2 года назад +2

      @@silversolver7809 The Supreme Court ruled you can only file an infringement lawsuit if you formally register copyright. While true that informal copyright is generated when a work is created. Proving that, potentially years later, since copyright is only presumed to be valid when registered within 5 years of publication, is difficult. After 5 years the onus of proof will be on you which will require registration first and all the rough drafts and early attempts of a work and other evidence which many don’t keep.

    • @silversolver7809
      @silversolver7809 2 года назад +3

      @@americameinyourmouth9964 "The Supreme Court ruled…"
      Oh really, I didn't know that. I thought the constitution gave Congress the right to make copyright law-learn something every day, thanks :)

  • @antyspi4466
    @antyspi4466 2 года назад +29

    I wished they would have stressed more that NFTs just have art LINKED to it, they don´t carry the rights to it. Bying an NFT is not getting you any rights to the pictures linked to it. The only right you own with this NFT is the right to a place on a ledger, a link in a blockchain.

  • @BearRiots
    @BearRiots 2 года назад +196

    I think they really glossed over the risks and problems with NFTs

    • @readmore372
      @readmore372 2 года назад +27

      They became NFT Bros, it's too late for them

  • @philippbohm4425
    @philippbohm4425 2 года назад +188

    Investing is currently the most lucrative business in the world, both NFT and Crypto stocks are positively changing people's lives, I know the troubles for tech believers will be over soon

    • @ednastanford7945
      @ednastanford7945 2 года назад +3

      We can't all be believers, everything you do to earn money is lucrative, if I may say so, what matters is that you put things elsewhere and are financially stable.

    • @charleyluckey2232
      @charleyluckey2232 2 года назад +3

      If I hadn't experienced this myself I would have said it's all lies but I made withdrawals a few days ago and that is something I find difficult and impossible with other brokers but Mr. Larry Kent Nick makes it possible. It was like magic when I received my funds.

    • @charleyluckey2232
      @charleyluckey2232 2 года назад +4

      @Beatrice R. Damiano Larry kent nick trading ***

    • @charleyluckey2232
      @charleyluckey2232 2 года назад +4

      Instagram

    • @kingsleywalker9794
      @kingsleywalker9794 2 года назад +2

      It seems that there is an increasing number of beginners who have not yet fully understood the knowledge of trading, you do not have to rush to earn everything in one day, you will have to build your dreams.

  • @brentclasen9567
    @brentclasen9567 2 года назад +115

    I’m disappointed in The Economist. This magazine does great work on serious issues like diplomacy and climate change. There is no talk about how people are being scammed with crypto and NFTs in pump and dump schemes. Why why only talk about the positives and potential benefits?! Blockchain is probably going to be a part of the future but crypto and NFTs are awful.

    • @Satoru-Gojo
      @Satoru-Gojo 2 года назад +5

      Crypto is not harmful 🤦🏻‍♂️ just NFTs is being over hyped with many scams.

    • @LinoWalker
      @LinoWalker 2 года назад +16

      Why would they talk about the negatives of NFTs? At the very start of the video they said they made $400k by selling their own NFT. They've got a vested interest in hyping up this scam.

    • @amillionz3336
      @amillionz3336 2 года назад +1

      @@LinoWalker imagine calling NFTs a scam 🤦🏻‍♂️ your an idiot bro.

  • @itdenelll
    @itdenelll 2 года назад +39

    I wouldn’t have known about NFT’s if it weren’t for social media. The power of other people’s FOMO.

  • @zhang_han
    @zhang_han 2 года назад +12

    People don't actually read the smart contracts. "Owning" NFTs is a bit of a stretch for most buyers of the NFT. You don't really own it in the way you think if you currently hold some.

  • @BTM8109
    @BTM8109 2 года назад +41

    Enough of this "teach the controversy" nonsense. The title of the video should be "Are NFTs a scam? Yes."

  • @porroapp
    @porroapp 2 года назад +11

    How do u get NFTs wrong in the first 60 seconds? NFT media do not live on the blockchain, the NFT is a token and not a piece of digital media. The token lives on the blockchain but the media can live anywhere. The media also isn't unique as digital media is impossible to make unique given how easily they copy and paste. Please do better with your layman explanations about NFTs in the future.

    • @joncos
      @joncos 2 года назад

      Most underrated comment here

  • @bismarknyarko635
    @bismarknyarko635 Год назад +68

    Nice video, NFTS is really changing the way we see digital work. And now that Metaverse projects like StepApp, XANA, Decentraland just to mention few are getting more traction by the day, NFTS is going to be more valuable than ever since it's one of the ultimate currency in virtual world.

    • @mqb3gofjzkko7nzx38
      @mqb3gofjzkko7nzx38 10 месяцев назад

      I disagree. Decentraland has terrible performance and they dropped plans for VR support.

  • @elizabethlaura6811
    @elizabethlaura6811 2 года назад +25

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    • @festusshedrack4852
      @festusshedrack4852 2 года назад

      wow I am just shocked someone mentioned expert Mrs Hannah I thought I'm the only one trading with her

    • @festusshedrack4852
      @festusshedrack4852 2 года назад

      She helped me recover all I lost trying to trade myself

    • @lindatomas6988
      @lindatomas6988 2 года назад

      My first investment with Mrs Hannah gave me profit of over $20,000 US dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known

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      @lindatomas6988 2 года назад

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    • @thompsonwater2577
      @thompsonwater2577 2 года назад

      Yes I'm also a living testimony of expert Mrs Hannah

  • @annddyyy-6920
    @annddyyy-6920 2 года назад +131

    • @Prosperity5
      @Prosperity5 2 года назад +4

      Having NFTs and not being able to make Pr o f its out of them can be very frustrating. Big thanks to Larysa Del, I make hu ge Pr o f its Tr a d I ng with her weekly

    • @paulinegagnon2480
      @paulinegagnon2480 2 года назад +4

      I think she trades for everybody I know. Met her at a conference in Germany, after her lecture I had to personally beg her to be my Finacial Adviser. I celebrate her strong feet.

    • @stevesutherland2182
      @stevesutherland2182 2 года назад +2

      she's definitely the best. She keeps surprising me with results. We are planning on surprising her too. You must have heard about that

    • @immanuel7499
      @immanuel7499 2 года назад +1

      @Nicolas Morales How did you find her?

    • @immanuel7499
      @immanuel7499 2 года назад +1

      Is there any faster way of reaching out?

  • @morrisonken6790
    @morrisonken6790 2 года назад +5

    The next investment we all need to be looking forward to at this moment is NFTs, NFTs are assets we should invest in, it's not affected by the price of any crypto market,I came across Richard Scote some few weeks ago he introduced me to NFTs now I'm making profit from it.

    • @innocentebenezer9265
      @innocentebenezer9265 2 года назад

      You know mr Richard Scote also, I have be working with him since 3 months now and working with him has been the best thing that has happened to me.

    • @innocentebenezer9265
      @innocentebenezer9265 2 года назад

      @Don Alex

    • @innocentebenezer9265
      @innocentebenezer9265 2 года назад

      美国 美国 美国 美国ကောင်းတယ်
      +𝟏𝟓𝟖𝟎𝟖𝟑𝟎𝟔𝟎𝟔𝟕美国ကောင်းတယ

    • @innocentebenezer9265
      @innocentebenezer9265 2 года назад

      His name is Richard Scote

    • @leandrogabioneta4923
      @leandrogabioneta4923 2 года назад

      I got some NFT but it seems not to be adding any value for about a three months now, I don't know why it's not adding value?

  • @rexcolt9742
    @rexcolt9742 2 года назад +19

    *No.*
    Next question

  • @tekannon7803
    @tekannon7803 2 года назад +15

    The most outrageous example of why NFTs are something that needs regulation is the sale of a NFT from the 'virtual' artist named Beeple for 69 million dollars. His work had been selling for 100 bucks a pop before this transaction. All the more power to him, but what this sale has done is unhinged an entire commerical industry. This astounding sale, which has made an experimental artist rich beyond his wildest dreams, has also tanked the art industry at large. It has discouraged believing in any piece of art at an art auction. Anything worth believing in from the past is now very questionable.. How could anyone buy a Picasso now, knowing that an untried, unknown artist could sell his virtual doodles for millions more? The digital revolution is wonderful, but it is like what has happened during lockdown fever with the pandemic: everyone can work from home but suddenly across our world we see that business after business is going under, local restaurants have been torpedoed. City blocks look like boarded-up, war-torn cities. We must welcome all new technology, but we must not let our society crumble because of it.

    • @jonbarrett9053
      @jonbarrett9053 2 года назад +3

      Well said. Like the 1 man said in the Video...a Gif with a Weblink. Also you can just right click and download any NFT for free. So how does that make them valuable? A Picasso artwork has tangible value...not Intangible Value. Same with sports collectible cards and classic collectible cars.

    • @businessinterest5139
      @businessinterest5139 2 года назад +3

      Yeah, in reality most NFT's are not even sold!

  • @johngablesmith4671
    @johngablesmith4671 2 года назад +8

    It's quite impressive that the Economist minted their own NFT and sold it so fast.

  • @HisEarth6005248
    @HisEarth6005248 2 года назад +23

    *Imagine buying images instead of right-clicking them*

    • @B-Man-69
      @B-Man-69 2 года назад +3

      Screenshotted your comment. Selling it for 50 bucks as an NFT

  • @donaldpaul7389
    @donaldpaul7389 2 года назад +28

    I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused, I'm a newbie and I'm open to ideas.

    • @michaelwilliams2577
      @michaelwilliams2577 2 года назад

      Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade

    • @nancydaniel5301
      @nancydaniel5301 2 года назад

      most people today have been having a lot of failure in Forex and crypto sector because of poor orientation and bad experts

    • @henrythomas6112
      @henrythomas6112 2 года назад

      Then I will like to introduce you to my expert, Mrs Tracy Joyce, have been investing with her for months now and it’s been awesome

    • @emilyella899
      @emilyella899 2 года назад

      expert Mrs Tracy ! I saw this recommendation some time ago. I ignored it only to see that someone is earning from her.

    • @franklinjunior6032
      @franklinjunior6032 2 года назад

      Initially no doubt Expert Mrs Tracy Trading Services is the best. I invested 5000$ two weeks of trade withdraw out 14,000

  • @deancarlson3724
    @deancarlson3724 2 года назад +85

    Your explanation is realistic and straight to the point. This major dump is quite hurtful and a disaster for holders but on the other hand there are many ways of manipulating the market. I am glad as a smart investor I am putting my hard earned savings into the most. Don't just hold you'd regret it, better said the only transparent market there is day trading. Big thanks to Mrs Clara Greens for helping me gain over 7BTC with her method lately..

    • @austinrapanos6027
      @austinrapanos6027 2 года назад

      Clara is a pro trader and a guru in describing financial trading to the basic trader. She is the best and with my portfolio growing firmly with are trade guide, I hold no reservation in proposing her as a mentor.

    • @badgerbeall6260
      @badgerbeall6260 2 года назад

      My first investment with Clara Greens gave me the assurance that have made me invest without the fear of losing, I got four of my friends involved with her already...

    • @camillalotusb8610
      @camillalotusb8610 2 года назад

      How can I get in touch with her?

    • @claragreensisocgreensontel2548
      @claragreensisocgreensontel2548 2 года назад

      .....

    • @deancarlson3724
      @deancarlson3724 2 года назад

      that's her hAndLe. get more info from her…. ☝☝☝..

  • @Eva-dp3wk
    @Eva-dp3wk 2 года назад +18

    INVESTING MAKE UP THE TOP-NOTCH
    HEMISPHERE OF WEALTH, THAT IS MORE
    REASON ONE SHOULD SAVE AND INVEST TO
    SECURE MORE PROFIT AND ENSURE SUCCESS

    • @abuyutonyese1239
      @abuyutonyese1239 2 года назад

      Thanks for introducing me to Mr Albert Renshu

    • @abuyutonyese1239
      @abuyutonyese1239 2 года назад

      My first investment with Mr Albert gave me profit of $7,000

    • @georgejordan1242
      @georgejordan1242 2 года назад

      Thanks for introducing me to Mr Albert Renshu profit of over $44,000 Us dollar

    • @georgejordan1242
      @georgejordan1242 2 года назад

      and I can even say he's the most sincere
      broker I have known.

    • @Mathias-kk5bs
      @Mathias-kk5bs 2 года назад

      O' Yes I'm a living testimony of Mr Albert Renshu

  • @alex91062
    @alex91062 2 года назад +21

    I was expecting possible uses in industry to be talked about more than art

    • @SanderSovrlic-alesov
      @SanderSovrlic-alesov 2 года назад +4

      Newsflash: as of now the technology is useless for anything that makes sense and is productive in the real world.

    • @StreakyBaconMan
      @StreakyBaconMan 2 года назад +4

      As much as people in the crypto sphere want you to believe it, this technology is not and cannot be the future. It's more expensive than traditional transactions, it's slower than traditional transactions, it's more inefficient than traditional transactions, it's less secure than traditional transactions and it's more public than traditional transactions - and it has to be all those things in order for it to even work in the first place.
      For this technology to replace what we currently use, people would have to be OK with paying more for their goods and services because the transaction itself is far more expensive to do, they would have to be OK with waiting around for like 20+ minutes to verify a transaction, they would have to be OK with the fact that if they got scammed or ripped off in some way they have no recourse, they would have to be OK with all their financial information becoming totally public information that anybody can see - and that is just never going to happen.

    • @robertpuckett7412
      @robertpuckett7412 2 года назад +2

      I'd argue a local, or even cloud managed web server would suit industry better most of the time.

    • @rahulgaur9445
      @rahulgaur9445 2 года назад

      @@SanderSovrlic-alesov Just bought an NFT that gives virtual benefits with a claimable real life sneaker. Just bought an NFT that gives a physical collectable in the form of a 3D hologram card. If you think collecting baseball cards, coins, paintings is productive I have news for you.

  • @december1720
    @december1720 2 года назад +15

    nft and crypto was like the early stage of internet and when the bank went digital, people were underestimated but yet we are living on it now. you wouldn't know what the crypto and nft might become in the next coming of decade.

  • @HustlesInc
    @HustlesInc 2 года назад +99

    I can't speak for everyone else, but I know Bangsta Bears NFT will be worth it.

    • @7hlias7
      @7hlias7 2 года назад

      veve nfts ..go buy some disney nfts

  • @alexpotts6520
    @alexpotts6520 2 года назад +3

    It strikes me that many people - myself included - have stronger opinions about NFTs (either for or against them) than their understanding of the topic warrants.

  • @isrealrecommendscelviccode9031
    @isrealrecommendscelviccode9031 2 года назад +4

    I have no regret for buying NFTs with you. I appreciate the honesty

  • @runner3dgames329
    @runner3dgames329 2 года назад +5

    Great video! You can create your NFTs with the help of the man recommended above. He is an expert

  • @alexkram
    @alexkram 2 года назад +2

    I like how NFTs bring so much recognition to the artists, like the artist for the Bored Ape Yacht Club drawings. Never forget 'ole what's his name.

  • @benjamindaniel6999
    @benjamindaniel6999 2 года назад +19

    reading about people grabbing multi-figures monthly as incomes in investments even in this crazy days in the market, any pointers on how to make substantial progress in earning? would be appreciated.

    • @juliancarter4130
      @juliancarter4130 2 года назад

      you have to have an idea on what you wanna invest in carefully before going in.

    • @nansmamb4081
      @nansmamb4081 2 года назад

      You "make it sound bogus" to accept that as annual passive income, when clearly possible I've made thousands since January so far without any prank plans. She is a masterpiece and her name is Elizabeth cole..

    • @nansmamb4081
      @nansmamb4081 2 года назад

      Reach her thru her telgram page.

    • @nansmamb4081
      @nansmamb4081 2 года назад

      the name is Elizabethee

    • @angelikakoertig527
      @angelikakoertig527 2 года назад

      𝕀 tradr with her too. Truth is, a lot of utubers dont care if you loose, they just w𝕒nt more views and traffic! this is why i respect her. She actually takes her time to coach you..

  • @gya251
    @gya251 2 года назад +11

    When it comes to the world of investing, most people don't know where to start. Fortunately, great investors of the past and present can provide us with guidance..

    • @nakadamitsutoshi2330
      @nakadamitsutoshi2330 2 года назад

      As a beginner who don't understand how Btcoin trade really works and you really want to make profit from it. I will advise you to first start working with a profesional trader.

    • @sanadamisaki9659
      @sanadamisaki9659 2 года назад

      How can someone know a profesional acct manager that is trustworthy and legit they are hard to find this period

    • @otiliacebanu8398
      @otiliacebanu8398 2 года назад

      she is the best and her strategies works like magic. I've been making over 300% of my investment weekly since I started investing with her trading service.

    • @marilynrush304
      @marilynrush304 2 года назад

      @Rosalind Clarke Yes of course, I attend her online classes daily.

    • @eugeniavoinea4191
      @eugeniavoinea4191 2 года назад

      Please someone should help me here.... I lost $7500 on live trade. I thought live trade is the same as demo trade because I was winning with my demo trade account. Please this is quit frustrating. what should I do?

  • @ricketsaaalv2979
    @ricketsaaalv2979 2 года назад +23

    WHAT IS THE SAFEST WAY TO MAKE MONEY THROUGH INVESTING? ...I'M TIRED OF HOLDING COINS,,, I'M TIRED OF LOSING MONEY DAY TRADING ON MY OWN😫

    • @ericmalcolm3467
      @ericmalcolm3467 2 года назад

      Same here, My portfolio has been going down the drain while I try trading,l just don't know what I do wrong

    • @scotjerkins5713
      @scotjerkins5713 2 года назад

      Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade.. I will advice you not to stop trading on your own it's very risky. Seek advice of a professional trader

    • @carlosbryan1109
      @carlosbryan1109 2 года назад

      That's true most people today have been having a lot of failure in Forex and crypto sector because of poor orientation and bad experts

    • @WilliamSmith-qf7bo
      @WilliamSmith-qf7bo 2 года назад

      I lost £1200 carelessly trading on a
      platform then I was referred to Mrs Laura Morgan she recovered the loss and made an extra profit of £4600

    • @coreytyrone5937
      @coreytyrone5937 2 года назад

      Wow I'm just shock you mentioned and recommended Expert Mrs Laura I thought I'm the only trading with her

  • @Soniaganhi
    @Soniaganhi 2 года назад +5

    Mrs Charlotte's is legit and her method works like magic I keep on earning every single week with her new strategy

    • @Springsteen002
      @Springsteen002 2 года назад

      It's not about watching videos and wasting your time on strategies, I was ignorant doing so. So I decided to try Mrs Charlottes and ever since then she's has made about $14,000 for on every $5,000 I invested just

    • @Springsteen002
      @Springsteen002 2 года назад

      She's the key to crypto

    • @MartinZanichelli
      @MartinZanichelli 2 года назад

      Scammers

  • @ethanwimsett
    @ethanwimsett 2 года назад +2

    Glad they included The real world uses of NFTs

  • @martincurran6432
    @martincurran6432 2 года назад +1

    Everyone's praising Crypto and NFTs to keep up the image of them being great. As long as they have the image of being worth so much, they will stay worth so much

  • @prettyheadystuff6048
    @prettyheadystuff6048 2 года назад +8

    The only thing we should be talking about is the carbon cost. EVERYthing else is secondary because the ludicrous carbon impact of the technology makes it another absurd example of capitalist overproduction.

  • @abdulchocho6879
    @abdulchocho6879 2 года назад +9

    l recommended a professional broker to you guys sometime ago, can I get person who invested with her
    comment below
    let's gooo

    • @ijnonirepublik7594
      @ijnonirepublik7594 2 года назад

      hey Pablo,
      l did invested with her i made huge profits
      thanks for recommending her

    • @katjaglockner2731
      @katjaglockner2731 2 года назад

      I saw that recommendations but I did not bother chatting her up 🤦🤦🤦

    • @m4n3gabrieljesus4
      @m4n3gabrieljesus4 2 года назад

      wow I'm glad I did withdrew my first profit two days ago now I have another ongoing trade with her

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      @m4n3gabrieljesus4 2 года назад

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  • @mattmanson1077
    @mattmanson1077 2 года назад +22

    I would love to get into the NFT market but it's expensive with the gas price alone, something could cost $18 but the gas could be over $400

    • @ameliaanderson1677
      @ameliaanderson1677 2 года назад +1

      1 week I've spent 1 eth on gas

    • @martinsalex947
      @martinsalex947 2 года назад

      That's why i engaged only in crypto trading. A $20,500 profit it's been sent to my portfolio every week, Expert Kate Philips is amazing

    • @carlossantiago9316
      @carlossantiago9316 2 года назад

      I have also been trading with her, the profit are secured if that's your fear, over a 100% return on your investment directly sent to your wallet, I am a living testimony of her work

    • @mattmanson1077
      @mattmanson1077 2 года назад +1

      I'm not surprised because I have made upto $124,00 since i started investing with the expert, crypto trading and other investment's are very profitable with Mrs Kate

    • @ameliaanderson1677
      @ameliaanderson1677 2 года назад

      @@mattmanson1077 How can i reach to Expert Kate? I have actually heard a lot about her trading

  • @blindedbliss
    @blindedbliss 2 года назад +5

    NFT's sounds like diamonds. Everyone has been tricked into valuing them too highly, so that 75% of their sales price goes to cover their sentimental value. Try selling your engagement ring 💍 and you'll be lucky to regain 1/4th of what you paid.

  • @AIHARMONY13
    @AIHARMONY13 2 года назад +36

    Thank you for covering the topic in this video, really trying to up my knowledge regarding NFTs. It is crucial to distinguish short and long term projects, there are hype projects which can never live for a longer period time and either damage you or build you, all in short term. However, there are insane projects with longer development plans - for example Meta Triads combines fashion, metaverses and physical world. All while providing ownership of a project to it's holders, crazy stuff must be coming in 2022 overall with the utility NFTs.

    • @reesemoxy6143
      @reesemoxy6143 2 года назад

      their Discord is on fire!! team is amazing, dope art, just wait for them blowing up!!

    • @nancybrooks3764
      @nancybrooks3764 2 года назад

      Should check their discord

    • @georgeee1606
      @georgeee1606 2 года назад

      like that project a lot, I think that project has huge potential, it also has amazing team and active community

    • @lukebulltonson1500
      @lukebulltonson1500 2 года назад

      Doxxed team, niiiiiice

    • @benfoster2711
      @benfoster2711 2 года назад

      I am in LOVE with this project, the art looks great !

  • @AmbassaJer
    @AmbassaJer 2 года назад +3

    Nft is a great way for elites and early investors to consolidate wealth from lower and middle class in an unregulated way

  • @blondeyes4895
    @blondeyes4895 2 года назад +1

    we want to see the birth of the NFT on new protocols as soon
    as possible! We definitely all need multi-resource and nested
    NFTs! can you review features on new NFT protocols?

  • @zackrobert1607
    @zackrobert1607 2 года назад +52

    The best decision I ever made in my life was investing in the crypto market. Trust me guys, it really pays a lot! 😊

    • @kellyhalper78
      @kellyhalper78 2 года назад

      How does this crypto stuff really works?

    • @davmike7328
      @davmike7328 2 года назад

      I would recommend you get started with a professional broker that will trade for you while you get the profit

    • @kellyhalper78
      @kellyhalper78 2 года назад

      Recommend one for me

    • @davmike7328
      @davmike7328 2 года назад

      I would recommend my current broker Mr Brian Davis. He is currently earning a lot of profit for me and his services are top notch

    • @emaruomedaniel2690
      @emaruomedaniel2690 2 года назад

      Wow, i'm shocked you mentioned Mr Brian Davis, he is also my current broker and he earns 10,500$ for me weekly

  • @CoasterCreag
    @CoasterCreag 2 года назад +1

    A very positive cover of this story, made pretty and smooth and glossing over the risks and problems. Hmm

  • @123456789987o
    @123456789987o 2 года назад +6

    Lot of talk about theoretical possibilities without taking a critical look at the serious technical difficulties. Why is the economist selling the vision of the most idealistic people, who have a self interest in hyping up this technology? At the current stage NFTs and Crypto currencies are mostly used for scams, fraud, money laundring and illegal business transactions. I can't believe, how uncritically you report on a very controversial and complex topic, that needs serious inquiry and research. Watching this video doesn't even give a basic insight in what an NFT is on a technical level and what their very real limitations are. Like what does it mean to put a personal legal document on a decentralized blockchain? What happens if the servers are took down or the content to which the hyperlink of the NFT refers to is changed? Many other important questions like the could and must be asked, before telling a story about the hype, that surrounds a thing and whether it is legitimate or not. This content fails to address the very uncertain future of the technology it tries to cover. Bad journalism

  • @Lovedrug96
    @Lovedrug96 2 года назад +2

    NFT is technically fungible . I will give you this picture In replace of a token ($). That is exactly what fungible is .

  • @NashHinton
    @NashHinton 2 года назад +5

    So it's the new tulipmania. Got it.

  • @esaulawrence2305
    @esaulawrence2305 2 года назад

    OJA is a high-speed, and cost-friendly blockchain. It's explicitly built to speed up transactions with almost zero transaction fees.

  • @calebtse3164
    @calebtse3164 2 года назад +3

    It's pretty simple. You create 100 similar NFT, use your friends account to buy one with 10K dollar, and trick others to buy them in 10K each or even higher prices(because they think they will go even higher), then you are a millionaire.

  • @glennalexon1530
    @glennalexon1530 2 года назад +9

    It has always been possible to sell digital art and clearly identify it's ownership and provenance. This is a story about the misunderstanding of rarity, value, and art. That said, it's cool that artists are able to take advantage of dumb money and get a laugh at the same time.

    • @channel_osh
      @channel_osh 2 года назад

      How was it possible before?

  • @Ramblinman26
    @Ramblinman26 3 месяца назад

    The only people I have seen defending NFT’s are people who are either selling them or looking to. I have not seen anyone outside that bubble defend NFT’s.

  • @DennisTheJuniorMenace
    @DennisTheJuniorMenace 4 месяца назад

    I may be wrong, but NFT art seems to be a back door way of copyright ownership. Can buy it, make banners advertising stuff w/your imagine, and you have no say or profit extra from it.

  • @Breadman-k6d
    @Breadman-k6d 2 года назад

    I'm here to try to understand NFT's from a microeconomic perspective.
    I see the future potential of NFT's as a technology - if and when they are used as tokens of ownerships of rivalrous or excludable goods.
    I'm still to be convinced however, that currently existing NFT's can justifiably have a price from a microeconomic perspective. They are all, to my understanding non-rivalrous and non-excludable, and as such public goods.

  • @Vaporlze
    @Vaporlze 2 года назад +2

    Would have been nice to compare different Blockchains as Ethereum prices are not really feasible for many.

  • @Xianzion1522
    @Xianzion1522 2 года назад +1

    This very educational! As a newbie here, got the idea on how NFTs work. My friends advised me to get whitelisted with Starlight NFT. Wdyt, guys?

  • @mitchyf21
    @mitchyf21 2 года назад +3

    11:00 Nailed it

  • @mryitch
    @mryitch 2 года назад +3

    There are other decent protocols like cardano, cronos or solana NFTs as well

  • @mikewozawski-pg7vl
    @mikewozawski-pg7vl 2 года назад +1

    Thanks for a decent review. Personally, I am waiting for more updates from Monsta Infinite. It has some similarities with Axie and in the game. The essence is very simple with mini game, Tapwa by moving runes on match-3 and with a little investment, you can earn STT by tributing items in the game as well

  • @anmolsingh1358
    @anmolsingh1358 2 года назад +4

    Who's here after Karan Aujla's story? 🙋‍♂️🙋

  • @frankukala3931
    @frankukala3931 2 года назад

    Starting early is a great way to make this work

  • @wingman2k
    @wingman2k 2 года назад +3

    2022 version of POGS.

  • @BitcoinAndCryptoCurrency
    @BitcoinAndCryptoCurrency 2 года назад

    I have watched many videos on crypto and this is the first one I watched twice - loved it

  • @Azureght
    @Azureght 2 года назад

    I have a question: If a NFT is meant to be unique why are there so many blockchains trying to let people mint it on their network? You could have minted the same picture on another network and sold it again? So there would be 2 NFTs for the same picture??? Does not that defy the purpose

  • @luxushauseragency
    @luxushauseragency 2 года назад +1

    Market Madness surrounds a new technology - great line Alice.

  • @lelow0101
    @lelow0101 3 дня назад

    Brilliant video, you nailed every detail. I’ve been trying to follow this format for my own channel.

  • @riteshrana01
    @riteshrana01 2 года назад +4

    Who comes after Karan aujla story ??

  • @esportsnewstv9554
    @esportsnewstv9554 2 года назад

    NFT is opening a new way of earning, auctioning for artists. Making pictures become digital assets.

  • @robertpuckett7412
    @robertpuckett7412 2 года назад +1

    I keep seeing this argument about publicly accessible systems to verify utility information, and even if my small town of 2000 people, we gave web servers that do exactly that, with little overhead, and probably takes less power than an nft transaction.

    • @mandisaw
      @mandisaw 2 года назад +3

      Also there's nothing enforcing uniqueness of the NFT - Asset relationship. People are already finding multiple NFTs that point to the same asset, so all that is unique is the token itself.

  •  2 года назад

    This has the problem of alt-coins, anyone can create a new chain with new NFTs? So you need to probably select your chain carefully.

  • @Camille_hendrick_01
    @Camille_hendrick_01 2 года назад +4

    This is really a great video, but as for me I make huge profits on my investment since I started trading with Mr Harry Webar

    • @danielpara658
      @danielpara658 2 года назад

      Same here, I made $12,400 profits on investing since I started trading with Mr Harry Webar his trading strategies are too notch am winning consistently trading with him. He's really the best broker, I've made a lot of profit investing with him.

    • @francetydamien
      @francetydamien 2 года назад

      I trade with him, The profit are secured and over a 100% return on investment directly sent to your wallet.

    • @meerasingh4841
      @meerasingh4841 2 года назад

      😭 I've seen a lot of recommendation about Mr Harry Webar, Please can I have his info? I want to invest 2,000usd with him.

    • @benjaminrogers5596
      @benjaminrogers5596 2 года назад

      I just sent him a message and he responded. Thanks a lot!

    • @stellagrace4496
      @stellagrace4496 2 года назад

      Wow, amazing to see others who trade with Mr Harry Webar. I am currently on my 5th trade with him, and my portfolio has increased tremendously

  • @ttrev007
    @ttrev007 2 года назад

    you don't really clarify that the NFT does not contain the art. The image (file) is not on the blockchain. The NFT is a hyperlink pointing to the localized image. This means that the image can be lost or changed. The technology is flawed. There is no point of decentralizing the hyperlink when the asset is still centralized.

  • @sergiosanchezpadilla6941
    @sergiosanchezpadilla6941 2 года назад +18

    So The Economist saw an opportunity to make easy money and now they defend all this scam...
    Everyone's got a price I guess.

  • @PippeML
    @PippeML Год назад

    Mexico now has blockcahin generated University (and Advanced) Degrees, just got my MBA digital certificate. Im glad Mexico took that direction, this will lead to a super-controlled academic environment (as opposed to fake academic degrees being around).
    Since 2012 Mexico has been implementing (and constantly improving) blockchain in its tax system (invoices), honestly is amazing how controlled it is.

  • @sherry0b0
    @sherry0b0 7 дней назад

    This kind of content is rare to find. Just started making my own videos and would love any tips you could share.

  • @svhmj3918
    @svhmj3918 2 года назад +1

    Short answer: NO!
    Long answer: NOOOOOOOOOOOOOOOOOOO!

  • @glennalexon1530
    @glennalexon1530 2 года назад

    Amazing that you can make this video without uttering the words "silly", "dumb", or "suckers".

  • @johngablesmith4671
    @johngablesmith4671 2 года назад +3

    Does scarcity always equate to value? I don't think so
    (Unrelated: there is only 1 of me and no one wants me).

  • @stevesmith4901
    @stevesmith4901 2 года назад +1

    The feel of the video was so BBC.

  • @VaultGuard-w7u
    @VaultGuard-w7u 6 дней назад

    This was exactly what I needed, thanks so much. Just started a channel covering related topics and could use some tips.

  • @chahalbatala9343
    @chahalbatala9343 2 года назад +3

    Anyone here after karan aujla’s story ?

  • @k4naujla414
    @k4naujla414 2 года назад +4

    *Here From Karan Aujla Story 🤘🔥*

  • @watchmenene0000
    @watchmenene0000 2 года назад

    Great video! You should consider highlighting the Meta Ape Militia NFTs. Holding a pair of these earns you BTC! They are still available on OS and $100 gets you 6 NFTs right now and we all know that BTC is going to go way up!

  • @alexx7643
    @alexx7643 2 года назад

    The new things is iNfts. A project called Alethea AI is transforming NFTs into iNFTs making NFTs intelligent and responsive using AI

  • @84KtnM
    @84KtnM 2 года назад +3

    Considering that we are living in an inflationary environment where all asset prices are trading on the higher side of their respective multiples, it is possible that NFTs too are trading at the higher end. Therefore even if they are legitimate work of art, they should and must be purchased at their proper value. We are yet to see the effects of a tight monetary environment on this new digital world.

    • @joncos
      @joncos 2 года назад

      It depends a whats the criteria for “proper value” .
      Market will decide that

  • @BitcoinAndCryptoCurrency
    @BitcoinAndCryptoCurrency 2 года назад

    I subscribed to the channel love these videos they explain it very well

  • @Thingsyourollup
    @Thingsyourollup 2 года назад +2

    I prefer to spend my money on tangible items.

  • @jenniferrodriguez4468
    @jenniferrodriguez4468 2 года назад +2

  • @room6033
    @room6033 2 года назад +3

    No

  • @BitcoinAndCryptoCurrency
    @BitcoinAndCryptoCurrency 2 года назад

    I agree with him, this was easy to understand

  • @Bondebillforlife
    @Bondebillforlife 2 года назад +2

    GameStop NFT marketplace is going to be a game changer. GME and Microsoft are close buddies. Microsoft resently bought Blizzard and are gonna utilize the NFT utilitys via Gamestop Marketplace. Nearly 100 billion was spent on "in game" items last year and not one of those purchased items has any tangible value because they aren't truly owned by the player. That will change now! Gamestop have partnered with Loopring + Immutable who will work togheter on eth lay2 network to make carbon free and commission free NFT trading on the GameStop marketplace. Power to the Player! 2022 is going to be lit!

  • @beniculturalionline
    @beniculturalionline 2 года назад +1

    We at CHO Earth use WAX to create, sell and manage NFTs with GeoTag.

  • @zoltansimari
    @zoltansimari 2 года назад +5

    Very disapponting video, contributing to the hype instead of a proper analysis of it. The underlying technology has myriads of issues that being tapped over as “needs more innovation, but look at all potential it has”. That is the functional aspects of it, not mentioning security, privacy and ethical problems.

  • @shaunwoolnough5318
    @shaunwoolnough5318 2 года назад

    So they sold the picture of the book cover as an NFT. But did they actually own the right of the cover picture in the first place?

    • @Ozymandias1
      @Ozymandias1 2 года назад +1

      The book has long been out of copyright and I guess the same is true of the book cover. That hasn't stopped Disney from establishing copyright over their own version of Alice in Wonderland.

  • @johnkingangimwithiga
    @johnkingangimwithiga 2 года назад

    "1099-S capital gain made from cryptocurrency 1099-B sales in investment income 1099-R distribution from retirement plans" sup uncle sam 😅

  • @khanidrees881
    @khanidrees881 2 года назад +2

    What is the practicality of NFT in real world?

    • @B-Man-69
      @B-Man-69 2 года назад +4

      It makes people who actually does useful things (construction workers, doctors, nurses, engineers, teachers, etc.) feel jealous

    • @labutter420
      @labutter420 2 года назад +2

      A membership, or piece of limited edition art, or characters in a video game.

    • @GlobalInsider-008
      @GlobalInsider-008 2 года назад +3

      Real world is everyday a bit more destroyed, because of climate change, because of the covid pandemic. All is an excuse to shrink our freedom. Metaverse, NFT, crypto is a parallel word where freedom may remain....

    • @mandisaw
      @mandisaw 2 года назад +2

      There is none, at least currently. Every stated purpose is already better-served by existing tech, with lower energy demands, better privacy, etc. Criminals & con artists absolutely love it though, makes their "job" a lot easier.

    • @Horus4302
      @Horus4302 2 года назад +2

      Absolutely none

  • @saurav7969
    @saurav7969 2 года назад +4

    Who is here after karan aujla story 💥

  • @krselj
    @krselj 2 года назад +2

    Cant one just use the same picture as an nft an add it to the blockchain?

    • @mandisaw
      @mandisaw 2 года назад

      They can, and they do

  • @phoenixlab8657
    @phoenixlab8657 2 года назад

    Numbers of Articles are on creating NFTs and earn through that they have been scammed through selling on social media kindly make a documentary on that.

  • @BitcoinAndCryptoCurrency
    @BitcoinAndCryptoCurrency 2 года назад

    new money platform great video thanks

  • @romanramires8839
    @romanramires8839 2 года назад +2

    Anothe great video!!! Keep up the great work!