All language subtitles for 1. What is the meaning of Nft

Hi, everyone, and welcome to new lessons, so we are starting with what is the NFT lesson?

So firstly, what is NFT?

So I think it is important topic because we should know if you want to produce NFT because you know,

if you don't know about an NFT, so you just create some artwork.

So you just make maybe some draw, maybe some paint, maybe some Woodyard 3D art videos, but you don't

know anything about NFT.

So firstly, what is the NFT?

So do you know NFT is non fungible token?

So what is the non-fungible token?

So if you have just one product?

So this is nonfungible because you cannot produce.

Of course, if it's very special, for example, the Mona Lisa, it is nonfungible, but not token,

of course, but it is nonfungible.

So you cannot produce more than one Mona Lisa because it is just one piece.

So it is very special.

So does one people, one maybe community.

One society has this product.

So it is nonfungible tokens, not token nonfungible.

So behind after beyond this idea.

We say Troy King.

So what is a different side of name?

So do you know nonfungible tokens?

So we have one token, for example, X token?

So if we produce more than one Sow X token, a token extraction, this is not a non-fungible token.

This is fungible.

So.

If we have just one token, so this is a token, this is non-fungible token.

So let's make some example.

If we produce one arts, so this is to the arts, I just make some example.

So we have some characters.

So this is.

Some punk style, and after maybe it's we add something different.

And, you know, this is just one piece, so you cannot produce more than one.

So this is your collection.

Of course, this isn't just one product, isn't one collection.

If you want to make some collection, you make more than one pieces.

So it is a different topic.

I will tell you.

Don't worry, so I just want peace.

I say this is non fungible.

So if I convert this page to talking, so I just want to make NFT so.

This is a new topic.

So now I have non-fungible token.

So what is the positive side of this?

Do you know if you are older, the collector?

I think you understood this story.

So you don't have to hide this artwork so you are free.

So you just hide some NFT or some cryptocurrency wallet.

So this is you don't have to hide.

So this is very beneficial same time.

You can easily sell your products, maybe New Zealand to USA, USA, to Russia, Russia to China.

So it is different your perspective.

So you can easily.

South.

And same time, you.

How many access so do you know if you have some gallery, you just open your gallery, maybe one center

or maybe two center, but this time you have many market place.

So every market place on the internet, so you don't need to hire, some may place, you don't need

to pay some electric, some water invoice and so on.

So you have access.

Still, do you know this is very beneficial, so of course, we have many plus think about NFT, so

same time we have some minor side of NAFTA.

So do you know this is very new technology?

These technology have some risk and some risks.

So do you know if you want to successful person?

So of course, you will take some risk, but it will depend on your choice.

Secondly, price can change very quickly.

So do you know if you sell, your product may be one item.

So other day, maybe Italian price $10000, but other days, maybe it could be six thousand dollars.

So price quickly.

Change.

Quickly, price changes.

So this is second sight.

So do you know I already told you you have many assets, but same time many people don't know NFT marketplace,

so you have just specific targets.

So you don't how many other persons or maybe you're already selling your products to some maybe specific

groups, but these specific groups don't know NFT marketplace.

You cannot sell your product.

So third, one is specific.

Targets, so of course, do you know this chart, this chart?

It depends your on your perspective.

If you see some positive signs, I think you say, Oh, NFT is very amazing.

So if you focus negative side, you say, Oh, this is very dangerous.

So in my opinion, be objective and please just make some research work.

And it did finish this course and after make some good things like and produce an FTA.

So please just be objective.

I think this is better than being negative or positive.

So and I just want to tell you, nonfungible token is very new, so I think we have any opportunity.

So it is very marginal sector.

So many people don't know anything about NFT.

I think it will be very beneficial to humans and Earth feature because it has many different sides.

So nonfungible tokens firstly create on the Ethereum systems.

So I think this Terrika lesson is enough and if we will create some NFT products.

So I just want to tell you what is a non-fungible token, what is the positive side and what is the

negative side?

I think this lesson you understood many things about NFT.

I have some small requests during the lesson you let me say, did you like this course or not?

So if you rate my course, it is very beneficial for my works so I can continue my verse same time.

If you have any advice to improve discourse, maybe you see some negative side.

Please just write a message.

So I answer all of the message.

So if I have some mistakes, I can change my lesson.

I can change my teaching skills.

So I think we will fix all of the problems.

So please just think this.

And if you have any comments you can write, let us go the next lesson and stay with no, let's.