I would have liked to have seen you cover the fact that numerous artists on twitter (and I'm sure elsewhere) have had their art stolen and put up for sale as NFT's without their consent or knowledge because there is so little regulation. They've usually only found out when their fans ask them why they got into NFT's. Then through no fault of their own they have to start contacting NFT sites to essentially claim back their own work, sometimes for dozens of individual artworks going back years that they've publicly shared either on sites like twitter or in their portfolios. And there's nothing stopping another party just doing it again.
@americameinyourmouth99643 жыл бұрын
If you don’t copyright and trademark your work before posting it you’ve given it away to the world including capitalists.
@silversolver78093 жыл бұрын
@@americameinyourmouth9964 "If you don’t copyright and trademark your work before posting it you’ve given it away to the world" That may be true in some countries, but certainly not in USA and many of the less-backward countries.
@WayneSmith42673 жыл бұрын
@@americameinyourmouth9964 just because it’s free domain doesn’t mean it’s not wrong.
@americameinyourmouth99643 жыл бұрын
@@silversolver7809 The Supreme Court ruled you can only file an infringement lawsuit if you formally register copyright. While true that informal copyright is generated when a work is created. Proving that, potentially years later, since copyright is only presumed to be valid when registered within 5 years of publication, is difficult. After 5 years the onus of proof will be on you which will require registration first and all the rough drafts and early attempts of a work and other evidence which many don’t keep.
@silversolver78093 жыл бұрын
@@americameinyourmouth9964 "The Supreme Court ruled…" Oh really, I didn't know that. I thought the constitution gave Congress the right to make copyright law-learn something every day, thanks :)
@jackieboyle90023 жыл бұрын
Pillars of stability 😀 Pillars of Stupidity It's like having imaginary friends but instead you have imaginary assets
@DennisTheJuniorMenace6 ай бұрын
That's the best way to put it in layman's terms!
@antyspi44662 жыл бұрын
I wished they would have stressed more that NFTs just have art LINKED to it, they don´t carry the rights to it. Bying an NFT is not getting you any rights to the pictures linked to it. The only right you own with this NFT is the right to a place on a ledger, a link in a blockchain.
@ervindavida64312 жыл бұрын
I made my first $million from selling my NFT, all thanks to Mr Eric for the exclusive update on NFT
@philippbohm44252 жыл бұрын
Investing is currently the most lucrative business in the world, both NFT and Crypto stocks are positively changing people's lives, I know the troubles for tech believers will be over soon
@ednastanford79452 жыл бұрын
We can't all be believers, everything you do to earn money is lucrative, if I may say so, what matters is that you put things elsewhere and are financially stable.
@charleyluckey22322 жыл бұрын
If I hadn't experienced this myself I would have said it's all lies but I made withdrawals a few days ago and that is something I find difficult and impossible with other brokers but Mr. Larry Kent Nick makes it possible. It was like magic when I received my funds.
@charleyluckey22322 жыл бұрын
@Beatrice R. Damiano Larry kent nick trading ***
@charleyluckey22322 жыл бұрын
Instagram
@kingsleywalker97942 жыл бұрын
It seems that there is an increasing number of beginners who have not yet fully understood the knowledge of trading, you do not have to rush to earn everything in one day, you will have to build your dreams.
@BearRiots3 жыл бұрын
I think they really glossed over the risks and problems with NFTs
@readmore3723 жыл бұрын
They became NFT Bros, it's too late for them
@brentclasen95673 жыл бұрын
I’m disappointed in The Economist. This magazine does great work on serious issues like diplomacy and climate change. There is no talk about how people are being scammed with crypto and NFTs in pump and dump schemes. Why why only talk about the positives and potential benefits?! Blockchain is probably going to be a part of the future but crypto and NFTs are awful.
@Satoru-Gojo3 жыл бұрын
Crypto is not harmful 🤦🏻♂️ just NFTs is being over hyped with many scams.
@LinoWalker3 жыл бұрын
Why would they talk about the negatives of NFTs? At the very start of the video they said they made $400k by selling their own NFT. They've got a vested interest in hyping up this scam.
@amillionz33363 жыл бұрын
@@LinoWalker imagine calling NFTs a scam 🤦🏻♂️ your an idiot bro.
@bismarknyarko6352 жыл бұрын
Nice video, NFTS is really changing the way we see digital work. And now that Metaverse projects like StepApp, XANA, Decentraland just to mention few are getting more traction by the day, NFTS is going to be more valuable than ever since it's one of the ultimate currency in virtual world.
@mqb3gofjzkko7nzx38 Жыл бұрын
I disagree. Decentraland has terrible performance and they dropped plans for VR support.
@itdenelll3 жыл бұрын
I wouldn’t have known about NFT’s if it weren’t for social media. The power of other people’s FOMO.
@zhang_han2 жыл бұрын
People don't actually read the smart contracts. "Owning" NFTs is a bit of a stretch for most buyers of the NFT. You don't really own it in the way you think if you currently hold some.
@Eva-dp3wk2 жыл бұрын
INVESTING MAKE UP THE TOP-NOTCH HEMISPHERE OF WEALTH, THAT IS MORE REASON ONE SHOULD SAVE AND INVEST TO SECURE MORE PROFIT AND ENSURE SUCCESS
@abuyutonyese12392 жыл бұрын
Thanks for introducing me to Mr Albert Renshu
@abuyutonyese12392 жыл бұрын
My first investment with Mr Albert gave me profit of $7,000
@georgejordan12422 жыл бұрын
Thanks for introducing me to Mr Albert Renshu profit of over $44,000 Us dollar
@georgejordan12422 жыл бұрын
and I can even say he's the most sincere broker I have known.
@Mathias-kk5bs2 жыл бұрын
O' Yes I'm a living testimony of Mr Albert Renshu
@annddyyy-69202 жыл бұрын
@Prosperity52 жыл бұрын
Having NFTs and not being able to make Pr o f its out of them can be very frustrating. Big thanks to Larysa Del, I make hu ge Pr o f its Tr a d I ng with her weekly
@paulinegagnon24802 жыл бұрын
I think she trades for everybody I know. Met her at a conference in Germany, after her lecture I had to personally beg her to be my Finacial Adviser. I celebrate her strong feet.
@stevesutherland21822 жыл бұрын
she's definitely the best. She keeps surprising me with results. We are planning on surprising her too. You must have heard about that
@immanuel74992 жыл бұрын
@Nicolas Morales How did you find her?
@immanuel74992 жыл бұрын
Is there any faster way of reaching out?
@BTM81093 жыл бұрын
Enough of this "teach the controversy" nonsense. The title of the video should be "Are NFTs a scam? Yes."
@XavierJAlexander3 жыл бұрын
loser
@porroapp3 жыл бұрын
How do u get NFTs wrong in the first 60 seconds? NFT media do not live on the blockchain, the NFT is a token and not a piece of digital media. The token lives on the blockchain but the media can live anywhere. The media also isn't unique as digital media is impossible to make unique given how easily they copy and paste. Please do better with your layman explanations about NFTs in the future.
@joncos2 жыл бұрын
Most underrated comment here
@donaldpaul73892 жыл бұрын
I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused, I'm a newbie and I'm open to ideas.
@michaelwilliams25772 жыл бұрын
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade
@nancydaniel53012 жыл бұрын
most people today have been having a lot of failure in Forex and crypto sector because of poor orientation and bad experts
@henrythomas61122 жыл бұрын
Then I will like to introduce you to my expert, Mrs Tracy Joyce, have been investing with her for months now and it’s been awesome
@emilyella8992 жыл бұрын
expert Mrs Tracy ! I saw this recommendation some time ago. I ignored it only to see that someone is earning from her.
@franklinjunior60322 жыл бұрын
Initially no doubt Expert Mrs Tracy Trading Services is the best. I invested 5000$ two weeks of trade withdraw out 14,000
@morrisonken67902 жыл бұрын
The next investment we all need to be looking forward to at this moment is NFTs, NFTs are assets we should invest in, it's not affected by the price of any crypto market,I came across Richard Scote some few weeks ago he introduced me to NFTs now I'm making profit from it.
@innocentebenezer92652 жыл бұрын
You know mr Richard Scote also, I have be working with him since 3 months now and working with him has been the best thing that has happened to me.
@innocentebenezer92652 жыл бұрын
@Don Alex
@innocentebenezer92652 жыл бұрын
美国 美国 美国 美国ကောင်းတယ် +𝟏𝟓𝟖𝟎𝟖𝟑𝟎𝟔𝟎𝟔𝟕美国ကောင်းတယ
@innocentebenezer92652 жыл бұрын
His name is Richard Scote
@leandrogabioneta49232 жыл бұрын
I got some NFT but it seems not to be adding any value for about a three months now, I don't know why it's not adding value?
@HisEarth60052483 жыл бұрын
*Imagine buying images instead of right-clicking them*
@B-Man-693 жыл бұрын
Screenshotted your comment. Selling it for 50 bucks as an NFT
@HustlesInc3 жыл бұрын
I can't speak for everyone else, but I know Bangsta Bears NFT will be worth it.
@7hlias73 жыл бұрын
veve nfts ..go buy some disney nfts
@alex910623 жыл бұрын
I was expecting possible uses in industry to be talked about more than art
@SanderSovrlic-alesov3 жыл бұрын
Newsflash: as of now the technology is useless for anything that makes sense and is productive in the real world.
@StreakyBaconMan3 жыл бұрын
As much as people in the crypto sphere want you to believe it, this technology is not and cannot be the future. It's more expensive than traditional transactions, it's slower than traditional transactions, it's more inefficient than traditional transactions, it's less secure than traditional transactions and it's more public than traditional transactions - and it has to be all those things in order for it to even work in the first place. For this technology to replace what we currently use, people would have to be OK with paying more for their goods and services because the transaction itself is far more expensive to do, they would have to be OK with waiting around for like 20+ minutes to verify a transaction, they would have to be OK with the fact that if they got scammed or ripped off in some way they have no recourse, they would have to be OK with all their financial information becoming totally public information that anybody can see - and that is just never going to happen.
@robertpuckett74123 жыл бұрын
I'd argue a local, or even cloud managed web server would suit industry better most of the time.
@rahulgaur94452 жыл бұрын
@@SanderSovrlic-alesov Just bought an NFT that gives virtual benefits with a claimable real life sneaker. Just bought an NFT that gives a physical collectable in the form of a 3D hologram card. If you think collecting baseball cards, coins, paintings is productive I have news for you.
@tekannon78033 жыл бұрын
The most outrageous example of why NFTs are something that needs regulation is the sale of a NFT from the 'virtual' artist named Beeple for 69 million dollars. His work had been selling for 100 bucks a pop before this transaction. All the more power to him, but what this sale has done is unhinged an entire commerical industry. This astounding sale, which has made an experimental artist rich beyond his wildest dreams, has also tanked the art industry at large. It has discouraged believing in any piece of art at an art auction. Anything worth believing in from the past is now very questionable.. How could anyone buy a Picasso now, knowing that an untried, unknown artist could sell his virtual doodles for millions more? The digital revolution is wonderful, but it is like what has happened during lockdown fever with the pandemic: everyone can work from home but suddenly across our world we see that business after business is going under, local restaurants have been torpedoed. City blocks look like boarded-up, war-torn cities. We must welcome all new technology, but we must not let our society crumble because of it.
@jonbarrett90533 жыл бұрын
Well said. Like the 1 man said in the Video...a Gif with a Weblink. Also you can just right click and download any NFT for free. So how does that make them valuable? A Picasso artwork has tangible value...not Intangible Value. Same with sports collectible cards and classic collectible cars.
@businessinterest51393 жыл бұрын
Yeah, in reality most NFT's are not even sold!
@gya2512 жыл бұрын
When it comes to the world of investing, most people don't know where to start. Fortunately, great investors of the past and present can provide us with guidance..
@nakadamitsutoshi23302 жыл бұрын
As a beginner who don't understand how Btcoin trade really works and you really want to make profit from it. I will advise you to first start working with a profesional trader.
@sanadamisaki96592 жыл бұрын
How can someone know a profesional acct manager that is trustworthy and legit they are hard to find this period
@otiliacebanu83982 жыл бұрын
she is the best and her strategies works like magic. I've been making over 300% of my investment weekly since I started investing with her trading service.
@marilynrush3042 жыл бұрын
@Rosalind Clarke Yes of course, I attend her online classes daily.
@eugeniavoinea41912 жыл бұрын
Please someone should help me here.... I lost $7500 on live trade. I thought live trade is the same as demo trade because I was winning with my demo trade account. Please this is quit frustrating. what should I do?
@elizabethlaura68112 жыл бұрын
MRS HANNAH IS LEGIT AND HER TRADING METHOD WORKS LIKE MAGIC I KEEP EARNING EVERY SINGLE WEEK WITH HER NEW STRATEGY
@festusshedrack48522 жыл бұрын
wow I am just shocked someone mentioned expert Mrs Hannah I thought I'm the only one trading with her
@festusshedrack48522 жыл бұрын
She helped me recover all I lost trying to trade myself
@lindatomas69882 жыл бұрын
My first investment with Mrs Hannah gave me profit of over $20,000 US dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known
@lindatomas69882 жыл бұрын
❤️❤️❤️
@thompsonwater25772 жыл бұрын
Yes I'm also a living testimony of expert Mrs Hannah
@december17203 жыл бұрын
nft and crypto was like the early stage of internet and when the bank went digital, people were underestimated but yet we are living on it now. you wouldn't know what the crypto and nft might become in the next coming of decade.
@johngablesmith46712 жыл бұрын
It's quite impressive that the Economist minted their own NFT and sold it so fast.
@LoveEarthHereAndNow Жыл бұрын
our gullibility, is most impressive, tho
@richdarksauce8 ай бұрын
So what is not being told here ?
@zackrobert16072 жыл бұрын
The best decision I ever made in my life was investing in the crypto market. Trust me guys, it really pays a lot! 😊
@kellyhalper782 жыл бұрын
How does this crypto stuff really works?
@davmike73282 жыл бұрын
I would recommend you get started with a professional broker that will trade for you while you get the profit
@kellyhalper782 жыл бұрын
Recommend one for me
@davmike73282 жыл бұрын
I would recommend my current broker Mr Brian Davis. He is currently earning a lot of profit for me and his services are top notch
@emaruomedaniel26902 жыл бұрын
Wow, i'm shocked you mentioned Mr Brian Davis, he is also my current broker and he earns 10,500$ for me weekly
@AIHARMONY133 жыл бұрын
Thank you for covering the topic in this video, really trying to up my knowledge regarding NFTs. It is crucial to distinguish short and long term projects, there are hype projects which can never live for a longer period time and either damage you or build you, all in short term. However, there are insane projects with longer development plans - for example Meta Triads combines fashion, metaverses and physical world. All while providing ownership of a project to it's holders, crazy stuff must be coming in 2022 overall with the utility NFTs.
@reesemoxy61433 жыл бұрын
their Discord is on fire!! team is amazing, dope art, just wait for them blowing up!!
@nancybrooks37643 жыл бұрын
Should check their discord
@georgeee16063 жыл бұрын
like that project a lot, I think that project has huge potential, it also has amazing team and active community
@lukebulltonson15003 жыл бұрын
Doxxed team, niiiiiice
@benfoster27113 жыл бұрын
I am in LOVE with this project, the art looks great !
@mattmanson10773 жыл бұрын
I would love to get into the NFT market but it's expensive with the gas price alone, something could cost $18 but the gas could be over $400
@ameliaanderson16773 жыл бұрын
1 week I've spent 1 eth on gas
@martinsalex9473 жыл бұрын
That's why i engaged only in crypto trading. A $20,500 profit it's been sent to my portfolio every week, Expert Kate Philips is amazing
@carlossantiago93163 жыл бұрын
I have also been trading with her, the profit are secured if that's your fear, over a 100% return on your investment directly sent to your wallet, I am a living testimony of her work
@mattmanson10773 жыл бұрын
I'm not surprised because I have made upto $124,00 since i started investing with the expert, crypto trading and other investment's are very profitable with Mrs Kate
@ameliaanderson16773 жыл бұрын
@@mattmanson1077 How can i reach to Expert Kate? I have actually heard a lot about her trading
@deancarlson37242 жыл бұрын
Your explanation is realistic and straight to the point. This major dump is quite hurtful and a disaster for holders but on the other hand there are many ways of manipulating the market. I am glad as a smart investor I am putting my hard earned savings into the most. Don't just hold you'd regret it, better said the only transparent market there is day trading. Big thanks to Mrs Clara Greens for helping me gain over 7BTC with her method lately..
@austinrapanos60272 жыл бұрын
Clara is a pro trader and a guru in describing financial trading to the basic trader. She is the best and with my portfolio growing firmly with are trade guide, I hold no reservation in proposing her as a mentor.
@badgerbeall62602 жыл бұрын
My first investment with Clara Greens gave me the assurance that have made me invest without the fear of losing, I got four of my friends involved with her already...
@camillalotusb86102 жыл бұрын
How can I get in touch with her?
@claragreensisocgreensontel25482 жыл бұрын
.....
@deancarlson37242 жыл бұрын
that's her hAndLe. get more info from her…. ☝☝☝..
@blondeyes48952 жыл бұрын
we want to see the birth of the NFT on new protocols as soon as possible! We definitely all need multi-resource and nested NFTs! can you review features on new NFT protocols?
@isrealrecommendscelviccode90312 жыл бұрын
I have no regret for buying NFTs with you. I appreciate the honesty
@alexkram2 жыл бұрын
I like how NFTs bring so much recognition to the artists, like the artist for the Bored Ape Yacht Club drawings. Never forget 'ole what's his name.
@alexpotts65202 жыл бұрын
It strikes me that many people - myself included - have stronger opinions about NFTs (either for or against them) than their understanding of the topic warrants.
@benjamindaniel69993 жыл бұрын
reading about people grabbing multi-figures monthly as incomes in investments even in this crazy days in the market, any pointers on how to make substantial progress in earning? would be appreciated.
@juliancarter41303 жыл бұрын
you have to have an idea on what you wanna invest in carefully before going in.
@nansmamb40813 жыл бұрын
You "make it sound bogus" to accept that as annual passive income, when clearly possible I've made thousands since January so far without any prank plans. She is a masterpiece and her name is Elizabeth cole..
@nansmamb40813 жыл бұрын
Reach her thru her telgram page.
@nansmamb40813 жыл бұрын
the name is Elizabethee
@angelikakoertig5273 жыл бұрын
𝕀 tradr with her too. Truth is, a lot of utubers dont care if you loose, they just w𝕒nt more views and traffic! this is why i respect her. She actually takes her time to coach you..
@rexcolt97423 жыл бұрын
*No.* Next question
@Etaoinshrdlu693 жыл бұрын
bUT iTs dEceNtrAliZed
@CoasterCreag2 жыл бұрын
A very positive cover of this story, made pretty and smooth and glossing over the risks and problems. Hmm
@ethanwimsett2 жыл бұрын
Glad they included The real world uses of NFTs
@ricketsaaalv29793 жыл бұрын
WHAT IS THE SAFEST WAY TO MAKE MONEY THROUGH INVESTING? ...I'M TIRED OF HOLDING COINS,,, I'M TIRED OF LOSING MONEY DAY TRADING ON MY OWN😫
@carlosbryan11093 жыл бұрын
That's true most people today have been having a lot of failure in Forex and crypto sector because of poor orientation and bad experts
@coreytyrone59373 жыл бұрын
Wow I'm just shock you mentioned and recommended Expert Mrs Laura I thought I'm the only trading with her
@oliviaharper67003 жыл бұрын
@@coreytyrone5937 You don't need to be shock because I'm also a huge beneficiary of expert Mrs Laura
@lugardromariez46593 жыл бұрын
I'm so happy for taking the bold step in working and investing $2000 with Expert Mrs Laura Morgan after a week I received $19,680 to my bank
@madisoncabello62163 жыл бұрын
I stumbled upon one of her clients testimonies and decided to try her out...I'm Expecting my third cashout in 2days
@AmbassaJer2 жыл бұрын
Nft is a great way for elites and early investors to consolidate wealth from lower and middle class in an unregulated way
@martincurran64322 жыл бұрын
Everyone's praising Crypto and NFTs to keep up the image of them being great. As long as they have the image of being worth so much, they will stay worth so much
@esaulawrence23052 жыл бұрын
OJA is a high-speed, and cost-friendly blockchain. It's explicitly built to speed up transactions with almost zero transaction fees.
@mikewozawski-pg7vl2 жыл бұрын
Thanks for a decent review. Personally, I am waiting for more updates from Monsta Infinite. It has some similarities with Axie and in the game. The essence is very simple with mini game, Tapwa by moving runes on match-3 and with a little investment, you can earn STT by tributing items in the game as well
@Xianzion15222 жыл бұрын
This very educational! As a newbie here, got the idea on how NFTs work. My friends advised me to get whitelisted with Starlight NFT. Wdyt, guys?
@frankukala39312 жыл бұрын
Starting early is a great way to make this work
@mitchyf213 жыл бұрын
11:00 Nailed it
@Soniaganhi2 жыл бұрын
Mrs Charlotte's is legit and her method works like magic I keep on earning every single week with her new strategy
@Springsteen0022 жыл бұрын
It's not about watching videos and wasting your time on strategies, I was ignorant doing so. So I decided to try Mrs Charlottes and ever since then she's has made about $14,000 for on every $5,000 I invested just
@Springsteen0022 жыл бұрын
She's the key to crypto
@MartinZanichelli2 жыл бұрын
Scammers
@Vaporlze2 жыл бұрын
Would have been nice to compare different Blockchains as Ethereum prices are not really feasible for many.
@mryitch3 жыл бұрын
There are other decent protocols like cardano, cronos or solana NFTs as well
@abdulchocho68793 жыл бұрын
l recommended a professional broker to you guys sometime ago, can I get person who invested with her comment below let's gooo
@ijnonirepublik75943 жыл бұрын
hey Pablo, l did invested with her i made huge profits thanks for recommending her
@katjaglockner27313 жыл бұрын
I saw that recommendations but I did not bother chatting her up 🤦🤦🤦
@m4n3gabrieljesus43 жыл бұрын
wow I'm glad I did withdrew my first profit two days ago now I have another ongoing trade with her
@m4n3gabrieljesus43 жыл бұрын
@Eddy's Gomez she is Mrs Jessica one of the best and trustworthy broker on earth
@m4n3gabrieljesus43 жыл бұрын
You can chat with her viawhatsapp 👇 👇👇
@Breadman-k6d2 жыл бұрын
I'm here to try to understand NFT's from a microeconomic perspective. I see the future potential of NFT's as a technology - if and when they are used as tokens of ownerships of rivalrous or excludable goods. I'm still to be convinced however, that currently existing NFT's can justifiably have a price from a microeconomic perspective. They are all, to my understanding non-rivalrous and non-excludable, and as such public goods.
@BitcoinAndCryptoCurrency2 жыл бұрын
I have watched many videos on crypto and this is the first one I watched twice - loved it
@glennalexon15303 жыл бұрын
It has always been possible to sell digital art and clearly identify it's ownership and provenance. This is a story about the misunderstanding of rarity, value, and art. That said, it's cool that artists are able to take advantage of dumb money and get a laugh at the same time.
@channel_osh2 жыл бұрын
How was it possible before?
@calebtse31643 жыл бұрын
It's pretty simple. You create 100 similar NFT, use your friends account to buy one with 10K dollar, and trick others to buy them in 10K each or even higher prices(because they think they will go even higher), then you are a millionaire.
@Azureght2 жыл бұрын
I have a question: If a NFT is meant to be unique why are there so many blockchains trying to let people mint it on their network? You could have minted the same picture on another network and sold it again? So there would be 2 NFTs for the same picture??? Does not that defy the purpose
@prettyheadystuff60483 жыл бұрын
The only thing we should be talking about is the carbon cost. EVERYthing else is secondary because the ludicrous carbon impact of the technology makes it another absurd example of capitalist overproduction.
@blindedbliss3 жыл бұрын
NFT's sounds like diamonds. Everyone has been tricked into valuing them too highly, so that 75% of their sales price goes to cover their sentimental value. Try selling your engagement ring 💍 and you'll be lucky to regain 1/4th of what you paid.
@heinuchung86803 жыл бұрын
true.
@sergiosanchezpadilla69413 жыл бұрын
So The Economist saw an opportunity to make easy money and now they defend all this scam... Everyone's got a price I guess.
@123456789987o3 жыл бұрын
Lot of talk about theoretical possibilities without taking a critical look at the serious technical difficulties. Why is the economist selling the vision of the most idealistic people, who have a self interest in hyping up this technology? At the current stage NFTs and Crypto currencies are mostly used for scams, fraud, money laundring and illegal business transactions. I can't believe, how uncritically you report on a very controversial and complex topic, that needs serious inquiry and research. Watching this video doesn't even give a basic insight in what an NFT is on a technical level and what their very real limitations are. Like what does it mean to put a personal legal document on a decentralized blockchain? What happens if the servers are took down or the content to which the hyperlink of the NFT refers to is changed? Many other important questions like the could and must be asked, before telling a story about the hype, that surrounds a thing and whether it is legitimate or not. This content fails to address the very uncertain future of the technology it tries to cover. Bad journalism
@DennisTheJuniorMenace6 ай бұрын
I may be wrong, but NFT art seems to be a back door way of copyright ownership. Can buy it, make banners advertising stuff w/your imagine, and you have no say or profit extra from it.
@Tabularasaaa3 жыл бұрын
NFT is technically fungible . I will give you this picture In replace of a token ($). That is exactly what fungible is .
@watchmenene00002 жыл бұрын
Great video! You should consider highlighting the Meta Ape Militia NFTs. Holding a pair of these earns you BTC! They are still available on OS and $100 gets you 6 NFTs right now and we all know that BTC is going to go way up!
@ttrev0072 жыл бұрын
you don't really clarify that the NFT does not contain the art. The image (file) is not on the blockchain. The NFT is a hyperlink pointing to the localized image. This means that the image can be lost or changed. The technology is flawed. There is no point of decentralizing the hyperlink when the asset is still centralized.
@luxushauseragency2 жыл бұрын
Market Madness surrounds a new technology - great line Alice.
@BitcoinAndCryptoCurrency2 жыл бұрын
I subscribed to the channel love these videos they explain it very well
@runner3dgames3292 жыл бұрын
Great video! You can create your NFTs with the help of the man recommended above. He is an expert
@Ramblinman265 ай бұрын
The only people I have seen defending NFT’s are people who are either selling them or looking to. I have not seen anyone outside that bubble defend NFT’s.
@Zelp7893 жыл бұрын
So it's the new tulipmania. Got it.
@VaultGuard-w7u2 ай бұрын
This was exactly what I needed, thanks so much. Just started a channel covering related topics and could use some tips.
@jorgealvarado98802 жыл бұрын
So if I own an NFT of an image, can I charge royalties or any right (like those charged by Getty Images) to anyone using that image, even of they are using a copy?
@joncos2 жыл бұрын
Nope, it’s for creators and royalties are written in a smart contract. Marketplace royalty caps are depending on which you choose.
@lata10682 жыл бұрын
Yes ! exactly that’s what I wanted to ask. So what’s the benefit of owning just a link to the artwork?
@MartinZanichelli2 жыл бұрын
@@lata1068 LOL, you are 100% right. There is no benefit.
@esportsnewstv95542 жыл бұрын
NFT is opening a new way of earning, auctioning for artists. Making pictures become digital assets.
@hannahgreyhound13713 жыл бұрын
Every financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world, both NFT, real estate and Crypto shares are really positively changing people's lives.
@carljoester68513 жыл бұрын
I'm thinking of investing in the crypto market but taking my time to figure out how the whole thing works.
@davidwallace10523 жыл бұрын
Investing in crypto is very volatile and risky which is why most successful investors trade with professional brokers
@luceromarkson67433 жыл бұрын
I have been investing in crypto but have had a bumpy ride. How can I reach your broker? I will appreciate any tip or pointers
@robertmichelle18803 жыл бұрын
Nothing beats engaging an expert in any trade, selfishness and greed has deterred many from doing this and they ended up running a huge loss
@ameliaroy52453 жыл бұрын
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@KingConnally6 күн бұрын
Thanks for posting! Hoping for some advice: My Tron Wallet holds some Tether USDT, and I know the SEED: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. How can I go about transferring them to OKX Exchange?
@beniculturalionline2 жыл бұрын
We at CHO Earth use WAX to create, sell and manage NFTs with GeoTag.
@PippeML Жыл бұрын
Mexico now has blockcahin generated University (and Advanced) Degrees, just got my MBA digital certificate. Im glad Mexico took that direction, this will lead to a super-controlled academic environment (as opposed to fake academic degrees being around). Since 2012 Mexico has been implementing (and constantly improving) blockchain in its tax system (invoices), honestly is amazing how controlled it is.
@BitcoinAndCryptoCurrency2 жыл бұрын
new money platform great video thanks
3 жыл бұрын
This has the problem of alt-coins, anyone can create a new chain with new NFTs? So you need to probably select your chain carefully.
@stevesmith49013 жыл бұрын
The feel of the video was so BBC.
@84KtnM2 жыл бұрын
Considering that we are living in an inflationary environment where all asset prices are trading on the higher side of their respective multiples, it is possible that NFTs too are trading at the higher end. Therefore even if they are legitimate work of art, they should and must be purchased at their proper value. We are yet to see the effects of a tight monetary environment on this new digital world.
@joncos2 жыл бұрын
It depends a whats the criteria for “proper value” . Market will decide that
@johngablesmith46712 жыл бұрын
Does scarcity always equate to value? I don't think so (Unrelated: there is only 1 of me and no one wants me).
@antimatiwari12582 жыл бұрын
🤪
@BitcoinAndCryptoCurrency2 жыл бұрын
I agree with him, this was easy to understand
@robertpuckett74123 жыл бұрын
I keep seeing this argument about publicly accessible systems to verify utility information, and even if my small town of 2000 people, we gave web servers that do exactly that, with little overhead, and probably takes less power than an nft transaction.
@mandisaw3 жыл бұрын
Also there's nothing enforcing uniqueness of the NFT - Asset relationship. People are already finding multiple NFTs that point to the same asset, so all that is unique is the token itself.
@AyeshaMaqsood-kx4yq9 ай бұрын
Sponge V2 needs to bring some serious upgrades to the table 💪💥
@alexx76432 жыл бұрын
The new things is iNfts. A project called Alethea AI is transforming NFTs into iNFTs making NFTs intelligent and responsive using AI
@Thingsyourollup3 жыл бұрын
I prefer to spend my money on tangible items.
@jonbarrett90533 жыл бұрын
Well stated.
@curiosiq55652 жыл бұрын
Thanks for this cool video, I’m looking forward to seeing more videos about NFT.
@MagnetoJones3 жыл бұрын
Authentication and proof of ownership are the strength of NFTs. Not sure why you didn’t expand on that more instead of art
@Julie-qr9ow3 жыл бұрын
That honestly changes nothing
@MagnetoJones3 жыл бұрын
@@Julie-qr9ow How so? Please explain.
@Julie-qr9ow3 жыл бұрын
@@MagnetoJones because it’s still a scam
@MagnetoJones3 жыл бұрын
@@Julie-qr9ow *tell me you don’t know what you’re talking about without saying you don’t know what you’re talking about*
@MagnetoJones3 жыл бұрын
@@Julie-qr9ow the deed to your house is a non-fungible token. The title to your car is a non-fungible token. A ticket to the Super Bowl is a non-fungible token. You don’t see how it could benefit society for these records to be on an immutable blockchain???
@romanramires88393 жыл бұрын
Anothe great video!!! Keep up the great work!
@kyhxx2 жыл бұрын
. great video- can’t wait for projects with more historic use see to become common ^
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@Dd231672 жыл бұрын
The Economist: “NFTs are over hyped and over priced.” “They have a huge carbon cost.” Also The Economist: “Let’s sell our own!” I knew I shouldn’t have watched this trash video. How are you gonna straight up say it’s terrible for the environment and still take part in the bs?? But hey, this is The Economist… First and last video I watch.
@voiceofexperience2 жыл бұрын
THIS.
@sundayjames79852 жыл бұрын
The new project that stands out recently. Oja coin aka OJX. Worth to buy?
@lenardregencia3 жыл бұрын
NFTs can be used for digital assets like Games, Software, Applications, proof that you own that particular asset. Which you can resell if you want.
@mandisaw3 жыл бұрын
But you only own the NFT, not the asset. In a context like games/software, the owner of that software has authority over the asset, and can make it available to others, or remove access altogether, at-will. Also, resale potential of an asset is dependent on context - if the game goes away, or decreases in popularity, then there won't be buyers for your asset. The only time demand [value] would increase would be when the game is popular, but the asset is unavailable - kind of a tight window, and totally dependent on the game & playerbase.
@khanidrees8813 жыл бұрын
What is the practicality of NFT in real world?
@B-Man-693 жыл бұрын
It makes people who actually does useful things (construction workers, doctors, nurses, engineers, teachers, etc.) feel jealous
@labutter4203 жыл бұрын
A membership, or piece of limited edition art, or characters in a video game.
@GlobalInsider-0083 жыл бұрын
Real world is everyday a bit more destroyed, because of climate change, because of the covid pandemic. All is an excuse to shrink our freedom. Metaverse, NFT, crypto is a parallel word where freedom may remain....
@mandisaw3 жыл бұрын
There is none, at least currently. Every stated purpose is already better-served by existing tech, with lower energy demands, better privacy, etc. Criminals & con artists absolutely love it though, makes their "job" a lot easier.
@Horus43023 жыл бұрын
Absolutely none
@wingman2k3 жыл бұрын
2022 version of POGS.
@glennalexon15303 жыл бұрын
Amazing that you can make this video without uttering the words "silly", "dumb", or "suckers".
@MartinZanichelli2 жыл бұрын
or "scam"
@zoltansimari3 жыл бұрын
Very disapponting video, contributing to the hype instead of a proper analysis of it. The underlying technology has myriads of issues that being tapped over as “needs more innovation, but look at all potential it has”. That is the functional aspects of it, not mentioning security, privacy and ethical problems.
@phoenixlab86573 жыл бұрын
Numbers of Articles are on creating NFTs and earn through that they have been scammed through selling on social media kindly make a documentary on that.
@sergioacevedo22542 жыл бұрын
00:57 I really thought that she was going to say "we can see the pillars of stupidity grow".
@Zazi082 ай бұрын
Such high-quality production, your videos are always on point. Just dropped a video on a related subject myself.
@chukwudisamuel84962 жыл бұрын
OJA takes security extremely seriously with world class standards to protect your funds at all times.
@dadasese692 жыл бұрын
For the first time in this emperial history, common individuals people with creative mind now have the opportunity to make money.