Nft stands for non fungible token, as opposed to all other currencies. You're an nft of yourself where your driver's license, college graduation and high school diploma can be created in a way that can be verified. For instance, i can create a business where my medical history is an nft, and i can control how people use my data by giving different types of access to this nft of my medic workers. Block chain is, ironically the ultimate truth. That actually gives you the ultimatetruth. We've seen projects have gone wrong which have been able to trace back and find out what's going on.
What are NFTs?
When I first saw NFTs, I thought they were all just a piece of art that you could screenshot and download. So my questions were, what are NFTs? Why were they worth thousands and millions of dollars? Was it a scam, if not, why am I not making them right now? So I called up my long-time friend, Tim Collins, a Contributor to TheStreet RM/RMPro, to tell me all about NFTs, what were their utilities, and why are people so excited about a piece of pixel art!?
Listen to this Part 1 out of 2, and Part 2 will come out the same day too!
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