What Is An NFT and Why Does It Have Value?

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I had a friend who asked me to make a video to help regular people understand what an NFT is.

Non-fungible tokens, or what we know as NFTs, seem to be everywhere these days. From art to music to sports. These digital assets represent real-world objects that are becoming more popular.

In this vlog episode, I will explain to you what NFTs areβ€”what makes them valuable, and why these items are increasing in demand.

Feel free to drop your comments and questions. I would love to help answer your questions to better explain and understand what an NFT is.

Section Titles:
1:00 – What an NFT is?
2:06 – NFT as a digital asset
3:13 – NFTs contain references to digital files
5:01 – NFTs cannot be replicated

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