17 min listen
2. WTF are NFTs aka Non Fungible Tokens
2. WTF are NFTs aka Non Fungible Tokens
ratings:
Length:
69 minutes
Released:
Nov 13, 2021
Format:
Podcast episode
Description
Another title of this episode could have been: "How to explain to your friends what NFTs are and why they have value.." On this episode I not only breakdown what fungible and non-fungible are and why the words are so awkward to say but I also share examples, ideas and tangible stories that hopefully help you see exactly what an NFT is. I also breakdown the importance of understanding that NFTs are one of four entry points into the Web 3.0 / Creator Economy, the others being: Cryptocurrency, Creator Coins and Metaverse/Gaming. After we define NFTs I share 9 real-world examples, some from many moons ago, that had NFT aspects or could have really used the blockchain to prevent big macs from being scammed. The 9 examples I breakdown are: Card collecting with my Dad "certificate of authority" + rarirty + verification of quality Myspace: Top 9 Monopoly Game McDonalds Foursquare UnTapped Pokemon Go Facebook badges (Rings around profile photo) Jeep Life "Jeep wave" "jeep slogan" but no Jeep digital signal or connection to the Jeep I own. Steelers season ticket holder Finally, I wrap by answering what I believe are two of the most common questions you will get after you start talking about NFTs with your friends or family. 2 Most common questions answered: What makes these JPEGs worth money? Is this legit and for how long and if so am I too late? More details coming soon on the Mint 365 experience where we are minting an NFT every day till 11.11.22 and how I'm going to open-up percentage of ownership on the project as well. Lastly here are some valuable resources to bookmark that have helped me on this NFT deep-dive. NFT Resources: Flipboard Magazine (Fanzo curates content daily): One39pm " A Guide to NFTs, and How They Are About to Revolutionize Pretty Much Everything: https://www.one37pm.com/nft/art/guide-to-nfts-beginner Verge: NFTs explained: GaryVee: WHAT IS NFT? NON-FUNGIBLE TOKEN GUIDE: https://www.garyvaynerchuk.com/what-is-nft-non-fungible-token-guide/
Released:
Nov 13, 2021
Format:
Podcast episode
Titles in the series (100)
9. Three Accounts You Must Have To Enter The NFT Community: In this episode we are getting to some of the "block and tackling" and breaking down some of the things that I know many are trying to wrap their head around. What is a digital wallet? Do I need an account on a crypto exchange? Where do I see my... by NFT 365 Podcast with Fanzo