Non Fungible Tokens: News, Innovation & Development
Non-Fungible Tokens: News, Innovation & Development – October 2020 NFT Update
Today I chat with DCL Blogger, one of the smartest minds in the world of crypto collectibles & non fungible tokens (NFTs). We talk about why the NFT space is booming; the most popular NFT projects on the Ethereum blockchain; why digital art has value; how DAOs & NFTs overlap; & DCL Blogger’s favourite NFT games, crypto collectibles & crypto artists. In case you weren’t aware, NFTs are crypto tokens that exist on the blockchain. NFTs can be in-game collectibles, legal contracts, representations of digital and physical art, event tickets & much more! #NFTs #Collectibles #Art
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0:00 Overview on the past month & increasing NFT engagement
1:25 State of the NFT market & how will it respond to a bull run?
4:00 What is driving NFT growth & why now?
6:10 CryptoPunks & perceived utility
8:20 New crypto artists & sales vs real world
10:45 Legality of NFT & digital art
12:20 Challenges with monitoring NFT art theft
14:40 Verifying digital identify on the blockchain
17:15 Virtual land sales & tracking whales
18:30 Events in Decentraland & attendance NFTs
23:30 Partnerships in the music world
24:40 Quests & 3D maps in Decentraland
26:00 Progress in the space, survivability & building out platforms
27:05 Matty’s 14-part tutorial covering the NFT space
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❗ DISCLAIMER ❗
Alex Saunders is not a Financial Adviser. All opinions expressed by Alex Saunders or his guests in this video are for informational purposes only and should not be treated as investment or financial advice of any kind.
Any information provided during the video is general in nature and does not take into account the viewers specific circumstances. Nugget’s News and its individual team members are not liable to the viewer or any other party, for the viewer’s use of, or reliance on, any information received, directly or indirectly, from the video in any circumstances.
The viewer should always:
1. Conduct their own research,
2. Never invest more than they are willing to lose,
3. Obtain independent legal, financial, taxation and/or other professional advice in respect of any decision made in connection with this video.