I mean Kates analogy is.

What is nft mean in youtube. NBA Top Shot is a system where the legendary moments and matches of famous players of the league are sold as NFT. Its like a super special ultra rare Pokémon card. Its a lucrative business for those.

Nft meaning in hindi. For example recently the image of a LeBron James smack was sold for 208 thousand US dollars. Of course it is also possible to.

They are bought and sold online and they are generally encoded with the same underlying. NFT non-fungible tokens means a non-replaceable token or a unique token Simply put these are virtual tokens that are in blockchain space. The F in NFT does not stand for film.

As Crypto Casey very helpfully explains in her YouTube series Cryptocurrency for Beginners things like air and water have. An NFT is a special type of cryptographic token that acts as a digital stamp of authenticity. But with the NFT music still available to be listened to on Youtube it raised the question of what even is an NFT and why would you want to buy them.

Id love to but im going back to Europe tomorrow. With the absence of live music performances right now and the return of gigs moving slowly this digital revenue stream could really save a lot of artists. From the perspective of a buyer or collector buying an NFT means you gain some usage rights which is pretty cool.

An NFT which stands for Non-Fungible Token is a unique digital asset stored on the blockchain. It also means that youre supporting artists you love. NFT stands for non-fungible token.