A few years back, NFTs exploded onto the scene, and people were amazed at how these digital assets were selling for crazy amounts. NFT stands for Non-Fungible Token, but what does that actually mean? "Non-fungible" is just a fancy way of saying it's a unique piece of digital data that can't be swapped for something else. Think of it like a one-of-a-kind baseball card but in the digital world.

I'm Cipher from Prime DeFi. In this video, I explain NFTs, why they're valuable, and how they're changing the game for digital ownership.

You'll learn about the difference between fungible stuff (like regular money) and non-fungible items (like that rare collectible you've got). How the world uses NFTs, how they solve tricky authentication issues, and ways you might be able to buy, sell, or even profit from them!

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Video Chapters:
0:20 What Are NFT's?
0:58 What are NFT's Used For?
05:03 How Can You Make Money with NFT's?

#preparetoprosper #CryptoInvesting #nfts #whatisannft

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