What Are NFT or Non Fungible Tokens? Why Should I Care?
In this video, Bitcoin educator and entrepreneur Andreas M. Antonopoulos explains the concept of non-fungible tokens (NFTs) and explains how NFTs are different from cryptocurrencies and what do you really own when you purchase an NFT.
- 0:00 What is an NFT or Non Fungible Token?
- 0:52 What is fungibility?
- 2:25 Programmable collectibles that have special features
- 3:04 Bragging rights!
- 4:05 Extra perks for owning NFTs, using them as an access token
- 4:48 Ownership and control over the asset
- 5:53 Can NFTs expire?
The video premiered on April 14, 2021.