Explaining NFTs As Simple as Possible in Under 60 Seconds #Shorts
While NFTs are a relatively new technology for many, the major groundwork for how NFTs function has existed and been used by people for a considerably decent amount of time. If you have ever bought a character skin in a game like Fortnite or Counter-Strike, you have essentially experienced what it is like to buy an NFT and why there is value in owning “digital goods”. The ability to have self-expression and “show-off” your cool skins to your friends are the very same appeals people have with NFTs. Not to mention all the real world benefits that will be attached to NFTs like free burritos from chipotle if you own the gold burrito NFT! #Shorts
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Gary Vaynerchuk is one of the world’s leading marketing experts, a New York Times bestselling author, and the chairman of VaynerX, a modern day communications company and the active CEO of VaynerMedia, a contemporary global creative and media agency built to drive business outcomes for their partners. He is a highly popular public speaker, and a prolific investor with investments in companies such as Facebook, Twitter, Tumblr, Venmo, Coinbase, Slack, and Uber. Gary is a board/advisory member of Bojangles’ Restaurants, MikMak, Pencils of Promise, and is a longtime Well Member of Charity:Water. He’s also an avid sports card investor and collector. He lives in New York City.
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But game skins are fungible… the same Skin can be bought by anyone … as long they have money..
It is only non-fungible if only there is only that one skin in the game..
This is funnily a really bad explanation
Cool
Well done.
Number 1021 why I hate these times and wish I could go back to the 80s.
But damn those Fortnite characters be looking kinda fine👀👀
They’re useless and bad for the environment too! What a steal!
He reminds me of the adult version of butters from the South Park special. No that's not a compliment.
Buy PIN 📍 and HODL
Broo he was just insane he understands me with in a sec….mannn he is just 🔥⚡
This guy looks so stressed and aged thanks to cringe hustle culture.
Except in Fortnite, anyone can buy it and it doesn’t cost an arm and a leg with a side of kidney. Also it’s actually useable in Fortnite and doesn’t just sit there collecting digital dust.
Vee 100 percent correct 👌
This man bought Mr bean nft and put it on his face
So excited to buy a $600,000 fortnight skin… What. Clownery.
i say let people buy and sell nft and land in metaverse and we buy land in real world then we give those houses on rent to those people who think they have million dollar land which they cannot live on 😂😂
Nft is a useless 💩💩
“Blueberries?”
– Gary Vee, 2022
Horse shit
Snake oil salesman
What’s good?
I wanna buy an nft and gamble it's gonna grow into a big price in the future but idk how low can an nft cost.
You should be at least explaining how blockchain works with hash functions and how the tokens are verified making them irrefutable credit before claiming they are just clout video game tokens
Basically both NFT's and game paid items are useless
lnvesting in crypto now shouId be in every wise individuaIs Iist, in some months time you'II be ecstatic with the decision you made today.
Bro Gary be talk to people like they rerated like who doesn’t know that shit
This video doesn't make any sense
If this is the simplest way then what's the hardest way
I can explain NFTs in one word.
Scams.
Con man
Nft are non fungible that means rare one of one item…game coins are not non fungible or rare…