EP 43 What is NFT crypto I The economics of NFT I NFT art and DeFi explained

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19 Sep 2021

NFT is the hype recently powered by non-crypto influential individuals like Mark Cuban Chamath Palihapitiya and Gary Vaynerchuk talking about it You might be thinking uhhhh virtual assets and digital assets exist Why should I care about NFT Well with the advent of blockchain new technology we take the existing assets digital and virtual assets and improve upon them NFT is one of the key foundations of the new digital economy powered by blockchain NFT has been tested in areas such as gaming digital identity licensing certification and fine arts Users can even split and proportionally own items of high value Today we dive into what NFTs are the economics of NFTs and how NFTs can be combined with DeFi Not all NFTs are created equal but refine the foundations and protocols that deliver true value to make the right money-down decisions Start 00 00 What is NFT 1 14 How does NFT work 4 08 What are NFTs used for 7 59 NFT and DeFi 18 47 Want more in-depth content 1 Support us on our patreon a www patreon com 2Feconomicsdesign a 2 Textbook The Economics and Math of Token Engineering and DeFi at a https 3A 2F 2Fbook economicsdesign com 2F a 3 Online course at a https 3A 2F 2Feducation economicsdesign com 2F a 4 Weekly newsletter at a https 3A 2F 2Feconomicsdesign substack com a 5 Listen on Podcast a https 3A 2F 2Fbit ly 2FED-podcast a Disclaimer This is not financial advice Information shared is found publicly on the internet All analysis and opinions are my own The purpose of sharing the information is for education and knowledge sharing The information shared is accurate at the time of recording Purchasing cryptocurrencies poses a considerable risk of loss Past performance does not indicate future results economicsdesign tokeneconomics tokenomics DeFi NFT