#41 - What is an NFT? - Dr. Taylor Brana, DO (The Happy Doc)

NFT's stand for non-fungible tokens which are a unique technology representing digital scarcity, authenticity, tokenization, and utility. 

If Bitcoin is the first blockchain technology that represents digital scarcity, sound money, and a potentially new monetary, financial system, NFT's will represent the next technological advance of the blockchain ecosystem, laying the groundwork for Web 3.0, and the metaverse.
While still in its infancy, NFT's will have broad reaching social implications and affect industries including - art, music, film, writing, gaming, sport, and eventually traditional industries such as real estate, finance, education, and health care. 

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Disclaimer: Not advice. Educational purposes only. Not an endorsement for or against. Results not vetted. Views of the guests do not represent those of the host or show. Do your due diligence.

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