ADU 01261: What’s the deal with NFTs?

What are NFTs? Are they worth exploring to a drone pilot? Today's question is from Tom who is looking to learn all about the latest sensation in the crypto world, Non Fungible Tokens or commonly known as NFTs. Tom would like to know about them and how one can get started with creating and selling NFTs We start today's episode by jumping straight into what NFTs are all about and what it means to drone pilots and other users alike. We discuss common pitfalls of the technology while also going over marketplaces to create and sell NFTs along with discussion on the inherent value of NFTs and if they mean anything to the end user. We also discuss new market offerings from marketplaces and companies such as Coinbase and talk about future of NFTs. Tune in to learn more about NFTs and what value they hold for you. Get Your Biggest and Most Common Drone Certificate Questions Answered by Downloading this FREE Part 107 PDF Make sure to get yourself the all-new Drone U landing pad! Get your questions answered: https://thedroneu.com/. If you enjoy the show, the #1 thing you can do to help us out is to subscribe to it on iTunes. Can we ask you to do that for us real quick? While you’re there, leave us a 5-star review, if you’re inclined to do so. Thanks! https://itunes.apple.com/us/podcast/ask-drone-u/id967352832. Become a Drone U Member. Access to over 30 courses, great resources, and our incredible community. Follow Us Site – https://thedroneu.com/ Facebook – https://www.facebook.com/droneu Instagram – https://instagram.com/thedroneu/ Twitter – https://twitter.com/thedroneu YouTube – https://www.youtube.com/c/droneu Timestamps: [1:05] Today's question on NFT and if pilots should go down this path [1:43] What are NFTs? [2:18] One of the biggest issues with NFTs [4:46] Coinbase's new offering on NFT on their platform [7:45] Do NFTs inherently possess value for the buyer?