NFT Explained In 5 Minutes | What Is NFT? - Non Fungible Token | NFT Crypto Explained | Simplilearn

️‍🔥Purdue - Applied Generative AI Specialization - https://www.simplilearn.com/applied-ai-course?utm_campaign=NNQLJcJEzv0&utm_medium=DescriptionFFF&utm_source=Youtube ️‍🔥IITG - Professional Certificate Program in Generative AI and Machine Learning - IITG - https://www.simplilearn.com/iitg-generative-ai-machine-learning-program?utm_campaign=NNQLJcJEzv0&utm_medium=DescriptionFFF&utm_source=Youtube ️‍🔥Michigan - Michigan Engineering Applied Generative AI Specialization - https://www.simplilearn.com/applied-generative-ai-program?utm_campaign=NNQLJcJEzv0&utm_medium=DescriptionFFF&utm_source=Youtube ️‍🔥IITM - Advanced Executive Program In Applied Generative AI - https://www.simplilearn.com/applied-generative-ai-course?utm_campaign=NNQLJcJEzv0&utm_medium=DescriptionFFF&utm_source=Youtube This video on What is NFTcovers all the important concepts of NFTs like What are NFTs?, What are Non-Fungible Tokens, What is NFT and how it works, how are NFTs different from other cryptocurrencies working in the same Blockchain Technology, how NFT became so popular and what future NFTs hold for the world's economic system. Don't forget to take the quiz at 03:47! 00:00 What are NFTs? 01:39 What is NFT and how it works? 02:09 How are NFTs different from other cryptocurrencies like Ethereum and Bitcoin? 03:05 How did NFTs become so popular? 04:05 Future of NFTs ✅Subscribe to our Channel to learn more about the top Technologies: https://bit.ly/2VT4WtH ⏩ Check out the Blockchain training videos: https://www.youtube.com/watch?v=yubzJw0uiE4&list=PLEiEAq2VkUUKmhU6SO2P73pTdMZnHOsDB #NFT #WhatIsNFT #NFTExplained #NFTCryptoExplained #NFTCryptoForBeginners #NonFungibleTokens #WhatAreNonFungibleTokens #NonFungibleTokensExplained #NonFungibleTokensExplainedSimply #NFTExplanation #Simplilearn What is NFT? - Non-Fungible Token NFTs turn your digital assets into one of a kindby creating a unique digital signature that defines the ownership of your assets and that can be bought and sold for real money, cryptocurrency or any other asset like a non-fungible tokenaka NFT. NFT basically creates a blockchain-based digital certificate for your digital collectables, including games, music, art, and many more. This certificate gives your artwork a unique identity. The Underlying technology and the programming language used by NFTs are the same as other cryptocurrencies ie. Blockchain and the programming language Ethash or Scrypt. On the other hand, NFT is a unique token; therefore, if you try to trade it, you may end up with something completely different in your hands. Cryptopunks is a remarkable example of NFT, it enables you to buy, sell and store 10,000 collectables with the proof-of-ownership being stored on the Ethereum Blockchain. NFT has proved itself to be a boon in the lives of many others - like Jack Dorsey, the CEO and co-founder of Twitter with his very first and famous tweet, just setting up my twitter,and Vignesh Sundaresan, famously known as Metakovan,who bought 69.3 million dollars worth of NFT art on Beeple. Owing to its increasing popularity, people are now willing to pay hundreds of thousands of dollars for NFTs. ➡️ About Full Stack Java Developer Masters Program This Java Full Stack Developer course is designed to introduce you to front-end, middleware, and back-end Java web developement technologies. You will learn to build an end-to-end application, test and deploy code, store data using MongoDB, and much more. ✅ Key Features - Simplilearn's JobAssist helps you get noticed by top hiring companies - Kickstart Full Stack Java Developer career with industry-aligned curriculum by experts - Hands-on practice through 20+ projects, assessments, and tests - Learn cutting edge frameworks like React, Springboot, and many more - Live interaction and applied learning with industry expert trainers - Practice hands - on learning with Capstone Projects across 4 domains ✅ Skills Covered - Agile - Git - SQL - Core Java - Spring - Spring Boot - HTML and CSS - AWS - Docker - Jenkins - JavaScript - ReactJS - Cucumber - Maven JSP - JDBC - MongoDB - JUnit Learn More: https://www.simplilearn.com/blockchain-certification-training-course?utm_campaign=NFTScribe&utm_medium=Descriptionff&utm_source=youtube