Drunk On Social The Symposium- This Is What You Need To Know About NFT’s- EP 40

This Is What You Need To Know About NFT's You have probably heard about NFT’s but what exactly are they and why do they matter? Tristan and Jeff want to keep you on the cutting edge; This is something that you should be paying attention to and trying to get a grasp on. Tristan is an expert on NFT’s and owns thousands of them. Tune in for the whole scoop!   Episode Highlights:  What is an NFT? How does it work? The largest NFT website to purchase from is called Open Sea. You can buy a picture and own it virtually. People buy them in hopes that they will go up in value. Where do you go to pick up ethereum? What is the current value? Some NFTs are tied to actual tangible things too. For example, there may be a virtual image that includes one on one calls or a free ticket to a live event.  Veve is an NFT site that is picking up steam because they have a lot of images of mainstream names. This virtual, digital art…why is it not copyable? There is a way to instantly know if there is a fake duplicate. What do you do with this type of artwork? Metaverse of the future will incorporate this too. Jeff shares how he wrestles with NFTs and where his resolution is. It is important to pay attention to where the world is heading online because as the world shifts around us, it is heading more into a virtual world. If you watch the movie or read the book Ready Player one, it will help you understand the concepts. Essentially you are buying a picture that lives in the virtual world with crypto currency and you hold it in your computer in the cloud which is attached to blockchain. Tristan reviews the websites mentioned in the podcast and explains each of them and what they offer.  Large corporations are spending time and resources which indicates it is going to be the future of where our world is going. The Drunk on Social Facebook Page will have a cool graphic and access to everything that you need to keep you up to date. Jeff has also started a series of videos that are short recaps summarizing topics from the podcast. However you like to consume content, Drunk on Social has a ton of options for you. Resources Mentioned: Drunk on Social Website: www.drunkonsocial.com Drunk on Social Facebook: https://www.facebook.com/groups/136264191062786/  Drunk on Social Instagram: https://www.facebook.com/groups/136264191062786/  Jeff Pfitzer Instagram: https://www.instagram.com/jeffpfitzer/  Jeff Pfizer TikTok: https://www.tiktok.com/@jeffpfitzer?lang=en  Tristan Ahumada Facebook: https://www.facebook.com/labcoatagents  Tristan Ahumada YouTube: https://www.youtube.com/channel/UCJ6o6B5JPEBP57hu9VdzT4Q Lab Coat Agents Facebook Group: https://www.facebook.com/groups/labcoatagents Lab Coat Agents Twitter: https://twitter.com/LabCoatAgents Lab Coat Agents Instagram: https://www.instagram.com/labcoatagents/  What Are NFTs? Mapping the NFT Ecosystem [Infographic] https://drunkonsocial.com/100-proof-blogs/f/mapping-the-nft-ecosystem www.veve.me https://opensea.io/