And yes, the Youtube channel Finematics has again the right to an article on Croblanc today, and at the same time it is quite logical considering the passion that our community puts every time a new video is available on the internet. That's why we decided to make an article about it, because we are sure that you will like this new video.
When we first saw the NFT Mania - Hype Or A New Paradigm? CryptoPunks, BAYC, Generative Art, Loot Explained video on the Finematics channel, we knew our community would want to stream it as soon as possible. So we wrote this article to publish it as soon as possible.
The video is doing a very good start since it was uploaded on the Youtube channel of Finematics and it could well end up in trend if the scores remain at these levels. However, we should not get too excited and wait a few days to see if this good start is confirmed with a buzz on the duration.
Don't forget that you can contact the author of this video to share your comments and advice or even to ask him/her about the subject of its content. When you want to send a little note to a content creator on the internet, most of the time you simply use his email address! You can get it by going to their Youtube page, "About" section. But be careful, not all of them read their mailbox, in that case use Twitter.
Well it's almost time to conclude this paper, you can watch the video NFT Mania - Hype Or A New Paradigm? CryptoPunks, BAYC, Generative Art, Loot Explained again if you want, it should be available for some time. Before saying goodbye, we remind you that you can watch other videos from Finematics by browsing Croblanc. Although we don't have as much content as Youtube yet, we work every day to offer you the best of the internet!
What?! It's already time to leave us?! Don't worry, we'll see you soon on Croblanc !
For your information, you can find below the description of the video NFT Mania - Hype Or A New Paradigm? CryptoPunks, BAYC, Generative Art, Loot Explained published by the Youtube channel Finematics:
NFTs are clearly one of the hottest topics in crypto at the moment. CryptoPunks, Autoglyphs, Bored Apes, Pudgy Penguins - some of them selling for hundreds of thousands or even millions of dollars.
So are NFTs just a hype or a paradigm change? What are some of the most interesting NFTs out there? And what are the biggest challenges of this new space? You’ll find answers to these questions in this video.
Let’s start with a quick recap of what NFTs are in the first place.
An NFT or a Non-Fungible Token is a way of representing ownership in the digital world.
Since the dawn of our civilization, humans have been collecting rare items. From seashells and gems to coins, post stamps and Pokemon cards. NFTs are just digital versions of that.
Collectibles, pieces of art, game items, domain names and even complex bespoke financial instruments - all of these can be represented as NFTs.
In contrast to cryptocurrencies like Bitcoin or Ether where each unit is interchangeable, NFTs are unique - at least in most cases. The creator of an NFT project can decide on the exact parameters of their NFTs.
Some of the common examples are:
-only 1 NFT per unique piece of art - artists that create individual pieces like Beeple follow this approach,
-a collection where each item has a unique combination of different traits - CryptoPunks, Bored Apes
-a collection where there is a set number of the same item in the collection - usually used for card collectibles like My Curio Cards.
-----Timestamps-----
00:00 - Intro
00:37 - What are NFTs?
02:40 - CryptoPunks
04:42 - The PFP Mania
07:31 - Generative Art
09:47 - Other NFTs
11:34 - Challenges
14:21 - Summary (Loot)
🎦 NFTs - Technical Explanation ► https://youtu.be/Xdkkux6OxfM
📘 DeFi Guide ► https://finematics.com/guide-to-decentralized-finance/
📖 Post ► https://finematics.com/nft-mania-explained/
🐦 Follow Finematics on Twitter ► https://twitter.com/finematics
💛 Support Finematics on Patreon and join our Discord community ► https://www.patreon.com/finematics
🔒 Ledger ► https://shop.ledger.com/pages/ledger-nano-x?r=b0b220a75e03 (affiliate)
📱 Argent Wallet ► https://argent.link/finematics (affiliate)
🌐 Get your .crypto Unstoppable Domain ► https://unstoppabledomains.com/r/8160a196fa7e4ac