While NFTs are a relatively new technology for many, the major groundwork for how NFTs function has existed and been used by people for a considerably decent amount of time. If you have ever bought a character skin in a game like Fortnite or Counter-Strike, you have essentially experienced what it is like to buy an NFT and why there is value in owning "digital goods". The ability to have self-expression and "show-off" your cool skins to your friends are the very same appeals people have with NFTs. Not to mention all the real world benefits that will be attached to NFTs like free burritos from chipotle if you own the gold burrito NFT! #Shorts

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15 thoughts on “Explaining nfts as simple as possible in under 60 seconds #shorts”
  1. Avataaar/Circle Created with python_avatars Steve Varvounis says:

    Snakeoil salesman

  2. Avataaar/Circle Created with python_avatars saytama b says:

    LOL EXCEPT FROM COUNTER STRIKE SKINS AND A FEW RARE SKINS , no such a thing is called an nft since skins in most games do not hold any value , the NFT expert doesnt even understand what NFT'S ARE . RE TARD

  3. Avataaar/Circle Created with python_avatars Leon Kenady says:

    Now let's see Paul Allen's nft 😂

  4. Avataaar/Circle Created with python_avatars Jacob Standridge says:

    Wow this has aged poorly

  5. Avataaar/Circle Created with python_avatars Luke Nemeth says:

    Art is not for 'clout'. It is something that either speaks to you or expresses something about who you are. Da Vinci painted the Mona Lisa not knowing it would be worth around $1B today.

  6. Avataaar/Circle Created with python_avatars Anirudh Ranjan says:

    Skins in games are dumb. No reason any in game skin should cost 1000s of dollars. Only person benefitting there is the game creator. It has no value.

  7. Avataaar/Circle Created with python_avatars william Yes says:

    Useless now…

  8. Avataaar/Circle Created with python_avatars Jifford says:

    Me: what's an NFT?
    Gary: do you play video games?
    Me: yes
    Gary: have you bought a skin in that game?
    Me: no
    Gary: that's an NFT
    Me: so I can wear it?
    Gary:

  9. Avataaar/Circle Created with python_avatars steve hall says:

    COMPLETE SCAMS

  10. Avataaar/Circle Created with python_avatars ProfPiko says:

    Yes everything is NFT today, can you describe the category?

  11. Avataaar/Circle Created with python_avatars Justin viens says:

    So it's just art

  12. Avataaar/Circle Created with python_avatars YouAreJustSoGood says:

    Veve 🤫

  13. Avataaar/Circle Created with python_avatars Thunder Goku says:

    NFTs are basically just receipts. Think of it like buying a product, but just getting the receipt of it. The receipt states you've purchased said product, but you don't physically have it.

  14. Avataaar/Circle Created with python_avatars Thunder Goku says:

    NFTs are basically just receipts. Think of it like buying a product, but just getting the receipt product. The receipt states you purchased it, but you don't physically have it.

  15. Avataaar/Circle Created with python_avatars AvoidMySnipes says:

    That’s not what an NFT is lmao what the fuck is this 😂 You can tokenize video game skins so that players can have actual ownership of the skin, and possibly trade it or sell it for real $$$ instead of spending money in-game and receiving 0 ownership

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