EP:26 What are Cypto Currency Based NFTs?
Episode 26 of the Tech Stories podcast, hosted by Amit Bhatt, titled "EP:26 What are Cypto Currency Based NFTs?" was published on January 30, 2022 and runs 6 minutes.
January 30, 2022 ·6m · Tech Stories
Summary
In this episode ,I tried to explain the concept of Crypto Currenct based NFT NFT: NFT (Non Fungible Token) are pieces of Digital content that are registered on the blockchain network and graphically represent underlying cryptocurrency that used to buy or register it. NFT stands for non-fungible token, which basically means that it's a one-of-a-kind digital asset that belongs to you and you only. The most popular NFTs right now include artwork and music, but can also include videos and even tweets Non Fungible Token: “Non-fungible” more or less means that it’s unique and can’t be replaced with something else Fungible Token: Bitcoin and other cryptocurrencies are the most prominent uses of blockchain technology, and they're examples of fungible tokens. If you send somebody a Bitcoin and they send you one back, it doesn't have to be the same Bitcoin, just as with the ten-rupee note. Do check the episode on various platform https://www.instagram.com/podcasteramit Apple :https://podcasts.apple.com/us/podcast/id1544510362 Huhopper Platform :https://hubhopper.com/podcast/tech-stories/318515 Amazon: https://music.amazon.com/podcasts/2fdb5c45-2016-459e-ba6a-3cbae5a1fa4d Spotify :https://open.spotify.com/show/2GhCrAjQuVMFYBq8GbLbwa
Episode Description
In this episode ,I tried to explain the concept of Crypto Currenct based NFT
NFT: NFT (Non Fungible Token) are pieces of Digital content that are registered on the blockchain network and graphically represent underlying cryptocurrency that used to buy or register it.
NFT stands for non-fungible token, which basically means that it's a one-of-a-kind digital asset that belongs to you and you only. The most popular NFTs right now include artwork and music, but can also include videos and even tweets
Non Fungible Token: “Non-fungible” more or less means that it’s unique and can’t be replaced with something else
Fungible Token: Bitcoin and other cryptocurrencies are the most prominent uses of blockchain technology, and they're examples of fungible tokens. If you send somebody a Bitcoin and they send you one back, it doesn't have to be the same Bitcoin, just as with the ten-rupee note. Do
- check the episode on various platform https://www.instagram.com/podcasteramit
- Apple :https://podcasts.apple.com/us/podcast/id1544510362
- Huhopper Platform :https://hubhopper.com/podcast/tech-stories/318515
- Amazon: https://music.amazon.com/podcasts/2fdb5c45-2016-459e-ba6a-3cbae5a1fa4d
- Spotify :https://open.spotify.com/show/2GhCrAjQuVMFYBq8GbLbwa