NFTs

AK
by Aneesh K1 view·Updated Apr 24, 2022
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  1. to understand this presentation, you need to know what N. F. T. S. And defy finances.
  2. Let's start with. N. F. T. S.
  3. N. F. T.
  4. S are non fungible tokens,
  5. is a way of licensing or selling any online product such as videos,
  6. pictures and animations.
  7. Yeah.
  8. An artist or a company can make a series in N. F. T. S.
  9. And open them up for like $200 per N. F. T. After the N. F. T. Is sold, the N. F. T. S.
  10. Price fluctuates on what other people are willing to pay for it.
  11. Some detractors of N. F. T. S might say that you can just screenshot N. F. T.
  12. S and claim to own them, but each N. F. T. Has a distinct Blockchain I. D.
  13. Thus making no two N. F. T. S. The same
  14. Now onto the five finance
  15. define finance or decentralized finance is an idea that no one person
  16. or institution can control finance such as a bank or a government.
  17. And if I finance banks heavily on Blockchain technology since no one
  18. person controls the Blockchain and the Blockchain is controlled by the group.
  19. The Blockchain fits perfectly with defined finance,
  20. since when you use a Blockchain you are completely anonymous
  21. and no one can control your transactions or what you do