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This Art Is Sold For 5000 Crores | What Is NFT?! | Explained In Hindi | 3 года назад


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This Art Is Sold For 5000 Crores | What Is NFT?! | Explained In Hindi |

NFT stands for non-fungible token, that means anything that is irreplaceable. For example, Red Fort. one cannot replace Red fort with something else Because it is a unique and one-of-a-kind asset. Crypto Punks, Crypto Kitties, NBA Top Shot, Nyan Cat GIF etc, are on trending in the NFT crypto market. NFT is a way to sell artwork using blockchain. But it does not work like a Bitcoin. Bitcoin is fungible token, i.e. one can replace a bitcoin with another bitcoin. NFT is like the registration of ownership of a digital object on a Ethereum blockchain, a digital ledger that records all transactions from the time they were created to the time they last exchanged. It is a new method of buying and selling art and other media in a digital mode. In recent weeks, some NFTs (non-fungible tokens) have sold for hundreds of thousands of dollars. One such trade has taken place between Beeple and Vignesh Sundaresan. The deal is worth more than $69 million at an auction. Beeple, an American digital artist, sold his digital collage having 5000 pictures, titled “Everydays: The First 5,000 Days" to the Indian origin, Vignesh Sundaresan. Another such trade with NFT is Twitter co-founder, JackDorsey’s first-ever tweet. It received the bid worth $2.5 million when it went for sale. Chris Torres sold an animated Gif of Nyan Cat for $561,000. Now he is about to launch an event called “Memeconomy” to sell his other memes “Keyboard cat” and “Bad Luck Brian” via auction with NFT(Non-fungible Token). Want to know more about NFTs (Non Fungible Tokens)? Let's watch : 0:27 - NFTs That Have Been Sold 0:59 - What is NFT? 1:56 - Offline Vs Online Auction (NFT) 3:47 - How NFT works? 4:42 - Is NFT in Bubble? 5:40 - Platforms to buy and sell NFTs 6:29 - Pros and Cons of NFTs 8:53 - Is it a good investment tool? 9:41 - What will be the future of NFT? Subscribe To Our Convey Pitchers Newsletter. Withdraw all the knowledge you need. https://bit.ly/theultimatefinancenews... Start investing with Upstox! https://bit.ly/Dematwithupstox Start investing with Zerodha! https://bit.ly/dematwithz Build Wealth Automatically With Crypto. Earn. Borrow. Trade. Start your crypto investing journey with Valud Click the link now! https://bit.ly/2WjC168 Convey launches the best Indian stock market simulator for completely free with real time prices. Start virtual trading with free ₹1,00,000. - https://bit.ly/Conveybeta https://form.typeform.com/to/seSi91Xb - Give your valuable feedbacks for Convey Simulator App Join Us On Telegram https://t.me/finnovationzindia ******************************************** Other Channels Convey by FinnovationZ for Different Region of People: Convey Updates for regular updates regarding stock market:    / @finnovationzclips   Convey World for Stock Market & related-information in English:    / @ikashifinance   Convey Marathi for stock market news and updates in Marathi,:    / @namaskarprasadmarathi   ******************************************** Become a Member of FinnovationZ, Join our YouTube Memberships:    / @namaskarprasad   You can follow us on Social Media handles for more content Instagram:   / conveyofficial   Facebook:   / finnovationz   Twitter:   / convey_hq   WhatsApp newsletter: https://chat.whatsapp.com/Jwxmfz93hsC...

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