How NFTs Have Become a Gateway Into the Metaverse

  Рет қаралды 345,242

Bloomberg Originals

Bloomberg Originals

2 жыл бұрын

NFTs (non-fungible tokens) burst on the scene with a $69 million sale of Beeple’s digital art. Now players behind the so-called metaverse are betting "digital scarcity" will create a whole new ecosystem of play and commerce.
#NFT #OutOfStock #BloombergQuicktake
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Пікірлер: 404
@business
@business 2 жыл бұрын
Would you buy an NFT?
@NFT-Tech
@NFT-Tech 2 жыл бұрын
NFT is something what brings blockchain to mass adoption
@N8_DoubleYou
@N8_DoubleYou 2 жыл бұрын
F no. And furthermore, I think our tax code needs to be looked at if rich people are buying imaginary snake oil.
@michaelstollairetbarceo3287
@michaelstollairetbarceo3287 2 жыл бұрын
NFT's for speculation seems like more luck and lottery vs buying coins or staking in DEFI If you bought a top 100 coin last summer there's a 50% chance you are up 800% YTD those odds sound better then praying 1 day some guy will overpaying for my unique NFT.
@NFT-Tech
@NFT-Tech 2 жыл бұрын
@@michaelstollairetbarceo3287 you can say the same about the market of Persian rugs and other luxury products. It’s not matter of what is better it’s a ratio of risk / reward
@N8_DoubleYou
@N8_DoubleYou 2 жыл бұрын
@svenm sandity That comment was edited? It has no punctuation and still reads like a fever dream. What did you change lol?
@DB-gh4nj
@DB-gh4nj 2 жыл бұрын
I like how the art journalists basically admits that the modern art Market is basically worthless and just a huge bubble of some ultra rich guy trying to avoid taxes
@elcatrinc1996
@elcatrinc1996 2 жыл бұрын
i mean, to be honest we all knew it was like that for a very long time now
@DB-gh4nj
@DB-gh4nj 2 жыл бұрын
@Draylilth robbed? You know that you benefit greatly from taxis don't you? I mean the infrastructure alone is worth it in western countries
@laupeter4594
@laupeter4594 2 жыл бұрын
lol spot on. digital art is never the same as real art by leonardo da vinci who spent years to draw its masterpiece. The time it took it create digital art is so little basically it cheapens it
@ililililililililili1004
@ililililililililili1004 2 жыл бұрын
@@laupeter4594 what are u on about ? The digital art these days look better da vincis art. He couldnt ever dream to create something at the lvl we’re at now soon digital art will cost more than Salvatore Mundi $450 m + bought by Crypto billionaires Film 🎞 stock was used by all filmmakers Now it’s digital video 🎥 cameras and the old time directors are still trying to say it’s “higher” quality but it’s not and everyone knows that that’s why film stock is dying out quickly.
@prospectnyc
@prospectnyc 2 жыл бұрын
Bloomberg didn’t explain NFTs correctly. The NFT is not the file itself. You can still duplicate the original art file indefinitely. The NFT is just a token of ownership, completely separate from the file itself. IE, it’s basically a certificate of authenticity that’s technically unattached to the file itself.
@yohanmalet2372
@yohanmalet2372 2 жыл бұрын
Hello, I am quite new to this world. So, from what I understood from what you have just said, NFT is an ownership certificate of something everybody can use. Correct?
@prospectnyc
@prospectnyc 2 жыл бұрын
@@yohanmalet2372 Yes. The actual art file (music, image, etc) is independent of the NFT token itself and can be duplicated and shared just like any digital file. The NFT is only a token on the blockchain that shows the transaction ("X owns a file that was purchased from Y, and this token is proof").
@sevenhenson3926
@sevenhenson3926 2 жыл бұрын
@@prospectnyc so wheres the value in nft when I can just copy n paste the art somewhere else with nobody to police it?
@prospectnyc
@prospectnyc 2 жыл бұрын
@@sevenhenson3926 In the "token", which is basically a certificate of ownership. As long as people are willing to pay for the token, it will have some sort of value.
@sevenhenson3926
@sevenhenson3926 2 жыл бұрын
@@prospectnyc it's basically dumb to pay for certificate since it's not worth it to sue if it's not worth millions
@kevintyrrell7409
@kevintyrrell7409 2 жыл бұрын
Just because a particular NFT distributor claims you own the NFT asset does not mean anything outside of that circle. A different person can own the same exact asset hosted by a different NFT provider. Every digital asset you own only exists in the context that specific NFT provider which makes the entire system pointless.
@Moro2Death
@Moro2Death 2 жыл бұрын
Thanks for that clarification. And this means you 'own' nothing. On the other hand, maybe it also shows that you can't own it anyway.
@alexw4827
@alexw4827 2 жыл бұрын
Might as well just change it to a centralized database lol
@uptheopps
@uptheopps 2 жыл бұрын
Just because you make a duplicate it doesn’t make it as valuable as the original. A duplicate will never be worth as much as the original. Try hosting a Beeple art piece on a different NFT provider and see how much you can sell it for.
@daver7178
@daver7178 2 жыл бұрын
The point is that the asset has variable providence from the original creator to the owner. Any copies are just that.
@dylkil3081
@dylkil3081 2 жыл бұрын
what you are failing to understand is the power of the context
@asheru9254
@asheru9254 2 жыл бұрын
This clearly shows money is an illusion
@legiran9564
@legiran9564 2 жыл бұрын
It's just money laundering.
@gracesonmatthew7424
@gracesonmatthew7424 2 жыл бұрын
@@legiran9564 so nft buyers are criminals and not art lovers? smh..
@EchoesInTheMind
@EchoesInTheMind 2 жыл бұрын
It’s always been an illusion. It’s just mean of exchange that lets us trade all sorts of things.
@Ddub1083
@Ddub1083 2 жыл бұрын
Money is just as much an illusion as language. A construct created by humans in order to exchange.
@Elizabeth-jk4yj
@Elizabeth-jk4yj 2 жыл бұрын
and that your a failure
@JacksonWallop
@JacksonWallop 2 жыл бұрын
When its comes to NFT’s, what matters is provenance. The wallet and contract address that created it is the signature for that token. A piece of art from the artist’s official wallet and a unique, bespoke contract is more important that the jpg. Anyone can copy a jpg and mint a new token for it, but if it didn’t come from the original artists wallet, who cares. It’s the same as artist physical prints. An artist sits down to a table with 100 prints, and they are a worthless stack of paper until they sign each one. People hate on NFTs as if they don’t already live in the metaverse. If you’re browsing the web or social media for hours a day, you’re in it. If a blue check mark and follower count matters to you, you’re in it. NFT’s with the right signature are no different that the value we give blue check marks. As for the money laundering comments - these fail to recognize all the newly created crypto millionaires who invested early and have been waiting for something to spend their money on. Yes they could cash out, but speculation and collectables is more fun for them. When you’re that deep in the metaverse already, some NFT’s are viewed as investments.
@hujanair2
@hujanair2 2 жыл бұрын
thanks for the explanation... i'm only starting to learn more about NFTs.
@___________2204
@___________2204 2 жыл бұрын
Perfect response. This should be the top comment People on social media are going after NFTs like crazy and how illogical they are
@jacquelinewalker6357
@jacquelinewalker6357 2 жыл бұрын
even tho google say it is your art. schould it still be lic.????
@Pivotification
@Pivotification 2 жыл бұрын
yeah ppl seem to forget about things we already have in place like AirMiles and other "tokens of consumer loyalty", that give benefits to the consumers. Just make it into code and boom NFT use case. Even with the fraud, that's present in all walks of life, If you hate on NFT's you're a salty B or know-almost-nothing-only-reads-titles person
@MindChill360ChillOut
@MindChill360ChillOut 2 жыл бұрын
great point
@onekycarscanners6002
@onekycarscanners6002 2 жыл бұрын
How can you set royalties for art in the realworld with NFT it's a breeze that's the game changer. An artist gets paid for life. 1500yrs revolution right there.
@ximonwhhatt3796
@ximonwhhatt3796 2 жыл бұрын
If The Oasis is gonna become real, I'm gonna become a digital weapon smith
@IonorReasSpamGenerator
@IonorReasSpamGenerator 2 жыл бұрын
Yet another distraction for the common folks to not interfere with the reality directed by few, where you are already being milked for their benefit. Now, virtual slavery where people will be chasing their virtual carrots in the hope they gonna be rich as were slum inhabiting characters in Ready Player One that were by mistake for someone else blown to pieces by a IED when they were seen as too successful should be a warning to dysfunctional society, not a model we should cherish as a new way to milk people even more while making them even more blind to what's happening around them in the real world... Companies already got backlash for pay to win virtual items, now they pushing for this monstrosity where they try to fool their customer milk cows by giving them virtual carrots to chase, an illusion that they also can become winners from this shady business...
@maywalker997
@maywalker997 2 жыл бұрын
I feel like we are plowing a lot of real time, resources & energy into things which don't clothe people, grow crops, make medicine, build houses, pave streets or anything else particularly useful. I get that there is a lot of money involved, but so much of it seems to be based on speculation and is increasingly removed from real life society. If these systems all went up in air tomorrow, what would we have to show for it all?
@shandokacycles
@shandokacycles 2 жыл бұрын
In some ways would agree with you - but when I contemplate how much junk is sold at party stores, home deco superstores, and "given away" with every fast food kids meal, the digital trinket looks more appealing.
@greglarson4253
@greglarson4253 2 жыл бұрын
Someone would have made a lot of money. The money doesn't disappear it's only transferred between hands. This is people's personal money that they can do whatever with.
@ianbrood
@ianbrood 2 жыл бұрын
This is madness.
@yopavan
@yopavan 2 жыл бұрын
It’s actually not. I was a traditional investor and have been in the NFT world for the past few months. Certain projects have amazing utility. Moreover, smart contracts will be a game changer. It is a way for you and I to exit the matrix, truly. Don’t believe the institutions.
@homersghosts
@homersghosts 2 жыл бұрын
No, this is Wendy's.
@ianbrood
@ianbrood 2 жыл бұрын
@@yopavan Here in the real world, I rather own/build properties. POWER to the MATRIX!!
@HolyLegendz
@HolyLegendz 2 жыл бұрын
THIS IS SPARTA!!!
@Pivotification
@Pivotification 2 жыл бұрын
@@ianbrood this fake world you dont want to know is giving people in poor countries a living wage, which their real life counter part jobs wont be able to do.
@eirik4902
@eirik4902 2 жыл бұрын
The editing is on point!
@wesleybroughton6147
@wesleybroughton6147 2 жыл бұрын
If cryptokitties exploded the world of nft imaging what club penguin would have done to it
@MikeGemi
@MikeGemi 2 жыл бұрын
Setting up an account to buy a NFT is a process for sure, but so was just trying to use the internet years ago. NFTs are at a starting point
@GaryLee123
@GaryLee123 2 жыл бұрын
Real ones know this
@TomCruise82
@TomCruise82 2 жыл бұрын
It seems so primitive to use ntf on jpegs, gifs and videos. It doesnt feel right, those formats are made for infinite sharing. Even if its made artificially scarce, Its like claiming a piece of air...
@ArtChickTV
@ArtChickTV 2 жыл бұрын
Brilliant coverage on explaining
@NYC-SA-Mike
@NYC-SA-Mike 2 жыл бұрын
Wow. This gives me an idea. How many times in one day can I sell the Brooklyn Bridge?
@rodneydowd4739
@rodneydowd4739 2 жыл бұрын
What kind of title is “General Partner” is that like higher than “Lieutenant Partner” and “Captain Partner”?
@lewiscunningham99
@lewiscunningham99 2 жыл бұрын
shame ethereum gas prices are through the roof and nobody wants to pay a fee higher than the art itself
@thepeff
@thepeff 2 жыл бұрын
I will consider the technology to be mature when MTG starts to develop this
@travishintzman2356
@travishintzman2356 2 жыл бұрын
The explanation of NFT's here was spot on!
@ReddoFreddo
@ReddoFreddo 2 жыл бұрын
This clearly is the future. I definitely wanna pay hundreds of dollars on hashes that are spiritually tied to digital collectibles from a mediocre game I've never heard of.
@jajajinks1569
@jajajinks1569 2 жыл бұрын
The digital world was supposed to be the great equalizer, where there isn't a scarcity on anything - it's just pixels on a screen. And now greedy people have to try to make a buck off it, and make sure that there's a wealth gap even in the "metaverse". Perverse and terrible.
@ReddoFreddo
@ReddoFreddo 2 жыл бұрын
@@jajajinks1569 Interesting way of looking at it.
@solomonKachi7000
@solomonKachi7000 2 жыл бұрын
@@ReddoFreddo I’ve spent a few hundred on Apex Legends a interesting game but I can’t resell the skins I buy unlike if it was NFT integrated
@anav587
@anav587 2 жыл бұрын
@@jajajinks1569 It's not like you can't enjoy the art I own as an NFT. I get paid, artist gets paid, you can enjoy the art. In fact, if speculators/investors throng the market, it'll incentivize creation and thus create more art for EVERYONE to enjoy.
@masterstacker2833
@masterstacker2833 2 жыл бұрын
BINGO!
@DarkandTwisted
@DarkandTwisted 2 жыл бұрын
Very interesting!🤔
@nabeelhussainn
@nabeelhussainn 2 жыл бұрын
So basically, art dealership but online. The idea of artificial scarcity has been around since the art auctions have started. But yes, at the end of the day, if someone is willing to spend thousands on your artwork no matter what, then there's nothing you can do about it.
@ASLUHLUHCE
@ASLUHLUHCE 2 жыл бұрын
TLDR: It's useful for digital assets e.g. stuff in games
@kennethsimpson8456
@kennethsimpson8456 2 жыл бұрын
And for gambling apparently.
@kennethsimpson8456
@kennethsimpson8456 2 жыл бұрын
Royalties, commission. World isn't ready for it.
@6197bk
@6197bk 2 жыл бұрын
What is the background art sticking out? Anyone know? 11:10
@leonidas6219
@leonidas6219 2 жыл бұрын
“A Picasso is just oil paint on a canvas”. What a great analogy mate. Ever tried painting?
@sertu1462
@sertu1462 2 жыл бұрын
I think their point was that art is not an item that has a practical use. A car has value because you can use it to get somewhere, a jacket has value because it can protect you from the weather, a bed has value because you can sleep comforteable in it, etc.. These things have at least some intrinsic value because they are usefull. A can opener will always keep some of it's value as long as it can open cans, no matter if there's hype around it or not. Any art piece, no matter how great, has no objective reason to be valuable. It's value is either dependent on what meaning you interpret into it, if it looks beautiful, it's historical/cultural significance, or if other people ensure it's valuable, like art critics for example. If nobody knew who Picasso was, it could be a random painting for 50$ at a garage sale and it still might not get sold. Art is valuable because we as a society have decided to value it, not because we need it for any practical application. if the hype around an artpiece dies down completely, it can become entirely worthless. Just for the record, nobody is saying that this will happen to Picasso any time soon, but it might happen to NFTs.
@DMN1337
@DMN1337 2 жыл бұрын
Desperate attempts to keep money moving, through uploading our scarcity, illusions and inequality to the digital world. A physical word driven by abstract wealth, while automating ourselves out of existance. Mass madness
@plamp
@plamp 2 жыл бұрын
The liquidity issue mentioned will be massively offset by fractions of the art being sold off, it could get to the point where no one is priced out of the market and also increases network effects.
@eevva4973
@eevva4973 Жыл бұрын
Always love watching your videos. I was wondering that are you guys familiar with iNFTs. iNFTs are basically intelligent NFTs that are interactive and can talk back. I would love to see a video on this. Thanks.
@elainelouve
@elainelouve 2 жыл бұрын
The issue of consuming electricity could be covered more deeply. I can see how that might become an obstacle, even if these guys seem to pay no attention to climate change.
@JacksonWallop
@JacksonWallop 2 жыл бұрын
Why is the current financial system allowed to use electricity but the new one isn’t? What’s hilarious is the new one actually lets INDIVIDUALS rather than institutions have the power, control, agency, and governance BUT people keep talking about env impact? Especially when the env impact is rapidly being solved and a non issue in a few years, you should be fighting for this new system you can actually have ownership of, rather than propping up legacy systems you are SUBJECT TO.
@whyillustrated5610
@whyillustrated5610 2 жыл бұрын
I'm pretty sure you're thinking of Bitcoin, which is proof of work and a huge energy sink, albeit you could argue it's still a fraction of the current financial system. Pretty much all other cryptocurrencies are on the move to proof of stake which requires a miniscule amount of energy in comparison.
@josemarsales7547
@josemarsales7547 2 ай бұрын
thanks fo the video
@ModernDayGeeks
@ModernDayGeeks 2 жыл бұрын
One thing to consider about NFTs is how recent it has been towards the general public. No one has a firm set of regulations as to how you would own said NFT. Hold onto your piggy banks before delving deep!
@hayden_bit
@hayden_bit 2 жыл бұрын
how would you compare the energy consumption of the bank system to nfts?
@MilanCrow
@MilanCrow 2 жыл бұрын
Theres gonna come day when they will figure out how to merge those digital worlds into one. Thats going to be sick.
@chan_for
@chan_for 2 жыл бұрын
Art, aesthetics and luxury gain their appreciation when it is in physical forms.
@aligan990
@aligan990 2 жыл бұрын
Poly Socks NFT on opensea is it worth to buy ?
@chan_for
@chan_for 2 жыл бұрын
@@aligan990 not an expert
@Ddub1083
@Ddub1083 2 жыл бұрын
...is what people said prior to 2018.
@chan_for
@chan_for 2 жыл бұрын
@@Ddub1083 Bernard Arnault became 3rd Richest Man in 2019
@Ddub1083
@Ddub1083 2 жыл бұрын
@@chan_for k...
@misterfezzy8626
@misterfezzy8626 2 жыл бұрын
A NFT project I think has lots of potential for the future is a project produced by MDB called Phoenix Fire Club. They are launching this month with very limited mints that also come with great lifetime rewards opportunities such as 30 to 70 percent APY.
@ReddoFreddo
@ReddoFreddo 2 жыл бұрын
I don't understand what NFTs add to the collection of skins and stuff in video games. What do they add? Uniqueness does not have to be done with an NFT, rare skins exist without NFTs.
@benchmarkgaming8847
@benchmarkgaming8847 2 жыл бұрын
its more on ownership nft are digital fingerprint of a digital asset so no nft's are the same even if its the same kind. this fingerprint cannot be duplicated because of blockchain technology that fingerprint belongs only to that digital asset so every asset can have a sense of uniqueness not just a duplicate. what makes nfts unique in games is its possible to own an nft character and play it on different games build by a different developers instead of devs build and own everything, devs can build games around your nfts
@heygema
@heygema 2 жыл бұрын
It's the history that is valuable.
@popeyethepiratepug3000
@popeyethepiratepug3000 2 жыл бұрын
Aquapig is branching out into NFTs now
@ryuumajin
@ryuumajin 2 жыл бұрын
That's funny when they talk about "NFT Games" they don't talk what kind of the game it would be. As I saw from the "NFT Art", it keeps revolving around "This item will be sold at more expensive price" and how the selling starter would have more money as the item keeps sold... Wait, isn't it it like Pyramid Scheme?!
@fp4446
@fp4446 2 жыл бұрын
Curious the counter point between art and video game in terms of reach
@metadesigned649
@metadesigned649 2 жыл бұрын
Renaissance of art and finance.
@RyanHarris-kp4dx
@RyanHarris-kp4dx Жыл бұрын
I'm taking my research on NFTs and Metaverse at the moment too. I just find out that LootMogul's NFTs are now available on different blockchains like Elrond, Digitalbits, Solana, Binance, Polygon.
@FinancialShinanigan
@FinancialShinanigan 2 жыл бұрын
Then the internet goes out lol
@daver7178
@daver7178 2 жыл бұрын
So would all financial sectors.
@sethstaa
@sethstaa 2 жыл бұрын
So your NFT gives you the right to own an object. That object is rare because it has a unique number attached. Yes?
@peterearl9595
@peterearl9595 2 жыл бұрын
"Own" but you don't actually control the thing. in reality you just own a bunch of code that represents the thing and not the actual thing itself
@leviroberts1884
@leviroberts1884 2 жыл бұрын
@@peterearl9595 I kind of hate this "bunch of code" nonsense everyone's always tossing around. You don't own code either, the code probably open source. A blockchain is just a fancy list of who owns what. NFTs are unique ids that represent a thing. When you own an NFT there is an entry in the blockchain that says that you own it. Since everyone can agree on the state of the blockchain, then everyone can agree that you actually own that thing. And that's it!!!! There's no magical "bunch of code" that is somehow all yours.
@sadville13
@sadville13 2 жыл бұрын
I never thought I'd see the day where (Art Toys) and Digital Currency combined...
@dhgfffhcdujhv5643
@dhgfffhcdujhv5643 2 жыл бұрын
HAHA, world for sure is going to look like in a movie "Idiocrasy" preety soon.
@HardwareHQ
@HardwareHQ 2 жыл бұрын
The NFT is not the physical image but rather linked to string such as a URL or IPFS hash.
@rigaliora
@rigaliora 2 жыл бұрын
Absolutely.
@lucasgssilveira
@lucasgssilveira 2 жыл бұрын
I guess some of it is due to money laundry, just as in the physical art market.
@ruanfernando
@ruanfernando 2 жыл бұрын
Everyone knows that art = tax evasion, moving money to a different country, money laundering... Now you can do it online through NFT :)
@seeexy
@seeexy 2 жыл бұрын
Ohh really?
@rodneydowd4739
@rodneydowd4739 2 жыл бұрын
I think they are pretty nfty
@SomeGuyWatchingYoutube
@SomeGuyWatchingYoutube 2 жыл бұрын
I was thinking of a game that rewards mBTC to players and is paid for by subscription services and fancy economic models which make breaking even and/or profiting difficult, rewarding, investment heavy, gambler's fallacy heavy, sunk-cost fallacy heavy, and/or cosmetics heavy. Seeing as a lot of modern games use these ploys anyways, just putting money in one seems logical. Idk about "assets" other than the actual currencies in the next 5-10 years being terribly worthwhile. I'm skeptical because of low user-base.
@othullo
@othullo 2 жыл бұрын
this is essentially turning everything into speculative investment, or aka gambling. SEC securities laws and gambling laws need to catch up, this is essentially another form of gambling/pyramid scheme. nice.
@whyillustrated5610
@whyillustrated5610 2 жыл бұрын
Is reselling pokemon cards gambling? Crypto has already been legally defined as property. Just like a car or any other collectable item.
@pascalladal8125
@pascalladal8125 2 жыл бұрын
@@whyillustrated5610 Hmm yes, reselling pokemon card is gambling lol?
@KG88KiteGodMusic
@KG88KiteGodMusic 2 жыл бұрын
What’s up with that Thelema Hexagram at 2:37 🤨
@editorjohn8803
@editorjohn8803 2 жыл бұрын
I took a screenshot and used the screen recorder on my iPhone
@Oldmanfnaf
@Oldmanfnaf 2 жыл бұрын
Are we all going to pretend that ready player one isn't a dystopia.
@MDF4072
@MDF4072 2 жыл бұрын
Wanna know more about ponzinomics 😂
@melonshop8888
@melonshop8888 2 жыл бұрын
🤫🤫🤫 KEEP THE QUITE PLEASE. 🤐🤐🤐
@Haji84
@Haji84 2 жыл бұрын
about that NFT and game amalgamation type thing, doesn't it sound familiar to the system of item market of steam
@AlexanderjFraser1
@AlexanderjFraser1 2 жыл бұрын
Yes but steam is centralized, meaning steam owns the items and lets you use/sell them, If steam servers go down you own nothing. With an NFT system you own the item, so if the game servers go down you still own a long string of numbers and letters which represents the in game item. Will it still have value? no.
@Haji84
@Haji84 2 жыл бұрын
@@AlexanderjFraser1 ah got it, thanks
@baursaq1181
@baursaq1181 2 жыл бұрын
@@AlexanderjFraser1 and what if those in-game items are not reusable in other NFT provider platforms?
@caspermac
@caspermac 2 жыл бұрын
omg. lady @30 is built like a disney mom
@EstherJoy999
@EstherJoy999 2 жыл бұрын
Would like to develop Gamification on a token economy that encourages sustainable environmental practices
@onekycarscanners6002
@onekycarscanners6002 2 жыл бұрын
Okay maybe we can collaborate.
@chinyeakaezeugwa3520
@chinyeakaezeugwa3520 2 жыл бұрын
Loves the idea, are u Nigerian
@wesleywagumba812
@wesleywagumba812 2 жыл бұрын
Huuuuuuge fan of yours.🔥🔥👌❤️This would be brilliant
@EstherJoy999
@EstherJoy999 2 жыл бұрын
@@wesleywagumba812 that is what’s up! It is destined to be ( ͡° ͜ʖ ͡°)
@darkchaos9486
@darkchaos9486 2 жыл бұрын
Looks like a bubble to me so I suggest "make hay while the sun shine"..
@brianfong5711
@brianfong5711 2 жыл бұрын
NFT = Limited edition bitcoin with art on the coin itself.
@Bad_Chad
@Bad_Chad 2 жыл бұрын
Of course the future of NFT's is not JPEGs. This is only the very beginning.
@nhuthong2456
@nhuthong2456 2 жыл бұрын
Zombie world z team working hard, they will release metaverse mode soon. I tested this mode, so amazing, you can find game play in KZbin. I sure you will wanna play immediately when you see their gameplay.
@billi8120
@billi8120 2 жыл бұрын
Sappy seals next
@francisfranklin2731
@francisfranklin2731 2 жыл бұрын
bro what a great info, thanks for the video could you analyze NFT's live? could you take a look at Mononoke Inu? I don't know if it's worth entering, thanks bro
@ellieellias2086
@ellieellias2086 Жыл бұрын
Metaverse might not be ready for mass nft projects coming. It lessen the value. However if it benefits me, then lets go get it. Right now im rooting for Popcult NFTs. Very diverse and organic arts.
@percival5207
@percival5207 2 жыл бұрын
They did say that the 69mill was a pump and dump for yet another token. This video is only popularising paid version of half-knowledge and perhaps into the pump and dump strategy themselves by finding new suckers for big players.
@ryanrockers
@ryanrockers 2 жыл бұрын
cool
@seeexy
@seeexy 2 жыл бұрын
14:00 he's so on point here. But also a little ironically not true at all lolz
@santiagoagustine3749
@santiagoagustine3749 2 жыл бұрын
I am 55 years old with very little set aside for retirement at this point. I have always been curious about the stock market and have witnessed some people who played the game right and retired early because they used the stock market. When I ask them, most said that they invested very little to start with, but their portfolio grew. I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make decent returns.
@errolkingston6546
@errolkingston6546 2 жыл бұрын
Buy index funds if you wanna be safe, though you are probably be better off just going to Vanguard or something for that
@jaluriaja6294
@jaluriaja6294 2 жыл бұрын
Even with the right technique and assets some investors would still make more than others, as an investor, you should've known that by now, nothing beats experience and that's final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I'm buying again
@santiagoagustine3749
@santiagoagustine3749 2 жыл бұрын
@@jaluriaja6294 who is your financial coach, do you mind hooking me up?
@jaluriaja6294
@jaluriaja6294 2 жыл бұрын
@@santiagoagustine3749 "My consultant is *Loretta Wilkinson* I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can look her up online if you care supervision. I basically follow her trade pattern and haven't regretted doing so"
@draugrdraugr
@draugrdraugr 2 жыл бұрын
NFT is just a new way to spell money laundering. Same age old trick from the art world made digital.
@evaphillips2102
@evaphillips2102 2 жыл бұрын
How can this be so if all of the fiscal records are on a public platform?
@mikeldaniel257
@mikeldaniel257 Жыл бұрын
With OJA Wallet, our users will have the opportunity to both participate in campaigns and earn OJA with partnership agreements.
@cryptobond0079
@cryptobond0079 2 жыл бұрын
XVG JUST HALVED UPDATED ON LONDON ETHER UPDATE AND IS 99.51 LEFT IN CIRCULATION. ITS FULLY PRIVATE AND PASSING ATH IN 2022 MASSIVE PROFIT GAINS COMING UP 🚀🔥💰💯💲🚀
@michaelleegoetzsr.305
@michaelleegoetzsr.305 Жыл бұрын
Do you have any suggestions for offering NFT"s of historic Internet moments from my show ?
@csanton3946
@csanton3946 2 жыл бұрын
Tnx fed, these dollars created are going to ths sht. This is like renaissance 2.0, with so much money people are focusing on things that does not add real value but is relying on perceived value
@Ddub1083
@Ddub1083 2 жыл бұрын
perceived value is the only real value. nothing has intrinsic value, all valuations are constructs of humans.
@csanton3946
@csanton3946 2 жыл бұрын
@@Ddub1083 agree but at least what we know as value based on fundamentals is actually employing thousands or hundreds of people or at least represent an underlying wider spending or economic activity that enables income to transfer to more people, unlike these NFTS where you can have a million transaction going to another millionaire, no people employed or paid a wage on this economic activity
@Ddub1083
@Ddub1083 2 жыл бұрын
@@csanton3946 right... but you thinking it needs to support jobs or wages or whatever is a value that YOU have constructed. Literally no different.
@DavidZobristGames
@DavidZobristGames 2 жыл бұрын
Man the world is becoming so abstract
@AllenZWalker
@AllenZWalker 2 жыл бұрын
Nice content, just ask yourself what are you buying, when you buy a NFT, and as always do your own research. I see the potential this could bring to gaming, and other sectors, surely this will evolve and grow over time.
@aligan990
@aligan990 2 жыл бұрын
Poly Socks NFT on opensea is it worth to buy ?
@erikamatthew6977
@erikamatthew6977 2 жыл бұрын
I've still been confused what NFT is really since I heard about it first time. Seems like it's about "itemizing" digital assets like ascii arts, pictures made with computer graphics softwares, etc ..., whose value was never fully maintained because of copy/paste, unlike the physical assets' value is always maintained eg; no single pair of shoes of same design can't be gotten without payment or freely copy/pasted. So, if you want 3 copies of digital content, you will pay for each copy same way you would pay for 3 pairs of same shoes. If my understanding is right, justice is being served to digital assets and their creators that have been under-appreciated, taken for granted from the beginning and viewed as garbage on internet, when digital assets require skill, effort and time as much as physical products do.
@Michelle_Wellbeck
@Michelle_Wellbeck 2 жыл бұрын
Wht don't you talk about serious applications like using it for electronic medical records?
@cmw3737
@cmw3737 2 жыл бұрын
Why not turn the wallet address from a string of hexadecimal characters into an NFT that is instantly recognisable then make whole wallets recursive and transferable?
@mrlloyd149
@mrlloyd149 2 жыл бұрын
In English please? lol, I'm not the sharpest tool
@mikes.1946
@mikes.1946 2 жыл бұрын
MetaHearts 🔥
@apocryphalmicrocosm4262
@apocryphalmicrocosm4262 2 жыл бұрын
WHO ARE THESE PEOPLE INSIDE THIS DIGITAL PUDDLE? THEY ARE INFLATING THIS BEYOND REALISM.
@azanashraf2445
@azanashraf2445 2 жыл бұрын
which NFTs should I buy?
@azanashraf2445
@azanashraf2445 2 жыл бұрын
I don't know about these NFTS, can you tell me about it?
@MEETMagazine
@MEETMagazine 2 жыл бұрын
I'm already a NFT billionaire!
@TheWorldReactsYT
@TheWorldReactsYT 2 жыл бұрын
Can you give me 1 million dollars
@jonathanmccrea9579
@jonathanmccrea9579 2 жыл бұрын
Lol sure you are
@weilieschok2001
@weilieschok2001 2 жыл бұрын
It's definitively a bubble
@prodbydramatic
@prodbydramatic 2 жыл бұрын
SCARCity!
@btssergeant6348
@btssergeant6348 2 жыл бұрын
why buy? digital art can be steal or remake by other artist, u think worth?
@Michael-st9ky
@Michael-st9ky 2 жыл бұрын
Just like fake bansky art…
@da_cat
@da_cat 2 жыл бұрын
I tried to sell some, even for 10$, nobody is buying :D guess it's money laundering considering smudges and lines got sold for like 20.000$
@wesleywagumba812
@wesleywagumba812 2 жыл бұрын
Are you sure this is the best conclusion you could've arrived at?There are many variables to why your art may not have sold.
@da_cat
@da_cat 2 жыл бұрын
@@wesleywagumba812 Art ? lol
@lisaseabrook4545
@lisaseabrook4545 2 жыл бұрын
I think my unborn future child is gonna feel like they missed out on this moment in time
@RokeJulianLockhart.s13ouq
@RokeJulianLockhart.s13ouq 2 жыл бұрын
This title is clickbait.
@Underdog-2024
@Underdog-2024 2 жыл бұрын
If mainstream said it’s going down I’m buying cuz they are lying
@felixmorel8362
@felixmorel8362 2 жыл бұрын
I don’t but I still like art pieces on my walls
@theWebmasterify
@theWebmasterify 2 жыл бұрын
NFTs do not grant any rights or ownership over assets most (if not any) time. It's more like a digital receipt for the asset that a platform provides to you. It basically only allows to be traded. Also if the platform tanks that issues the NFT to you, your token is worthless lol
@burcakticaret9079
@burcakticaret9079 2 жыл бұрын
kuwait tover NFT..binance
@resolute123
@resolute123 2 жыл бұрын
Beanie babies people. Beanie babies. This will crash.
@andreschavez9671
@andreschavez9671 2 жыл бұрын
It's not! Its utilities!!
@davidzhorvath
@davidzhorvath 2 жыл бұрын
WAGMI!
@radry100
@radry100 2 жыл бұрын
*scamming the digital world
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