#How to use NFTs in your everyday life – Explained with Animations #CryptoMarket $Crypto #TipTopCoin

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👉 What is an NFT?
An NFT is just data secured by a Blockchain that isn’t the same as any other bit of data.
This could be expressed as art, video game items, digital collectibles, and important documents like your identity card, through to a boring contract or document.

The benefits are its provable ownership, irremovable access, and permanent storage for the users, while it offers an alternative model for generating revenue for creatives.

👉 What does “NFT” mean?
NFT means Non-Fungible-Token.

👉 What do NFTs do?
NFTs give you the ability to claim ownership of physical assets in the digital world.

Timestamps ⌛

00:00 Intro

0:33 What is an NFT ?

1:44 NFTs live on the Blockchain

2:05 What does non-fungible mean ?

4:00 What gives NFTs their value ?

4:37 How can we use NFTs in the real world ?

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