#NFT #ETH
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NFTs, additionally know as Non-Fungible Tokens. You’ve got been listening to about them for some time now I assume, you’ve got been listening to many individuals making large income simply by shopping for and promoting (aka flipping) these JPEGs, proper? Now what are these JPEGs, why are they helpful, how will you purchase them on Opensea and how one can make income your self?
With a purpose to perceive what Non-fungible tokens are, you first want to grasp what the phrase fungible means. Fungibility, means interchangeability. For instance, cash is interchangeable, aka fungible.
Non-fungible, is the alternative of interchangeable, name it distinctive if you’ll.
On this video, I speak about what NFTs are, the place and how one can purchase NFTs and make income doing so. This video will likely be a tutorial on how one can purchase an NFT on the platform referred to as Opensea, and i will train you how one can create an NFT if that is what you need to do. Opensea is a platform the place you may create, purchase and promote NFTs.
Warning to you guys, the NFT area could be very new within the crypto area, for that motive, you should actually be careful for scammers, and it’s essential to not make investments any cash or crypto you aren’t keen to lose.
00:33 Definition of NFT
02:00 Most Costly NFTs
02:45 Disclaimer
03:09 Causes to Purchase NFT
03:45 Opensea Tutorial
08:06 The way to Create Your Personal NFT
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