How is Gary Vee deciding on his #NFT investments? #shorts

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Published at : 10 Nov 2021
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How is Gary Vee deciding on his #NFT investments? #shorts

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๐ŸŽฅ Video 3 ๐Ÿ‘‰ https://youtu.be/xEW8LvL6vic

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----------------------------| WHAT IS NFT ART? |----------------------------

NFTs are best understood as computer files combined with proof of ownership and authenticity, like a deed. Like cryptocurrencies such as Bitcoin, they exist on a blockchainโ€”a tamper-resistant digital public ledger. NFTs have unique valuations set by the highest bidder, just like a Rembrandt or a Picasso. Artists who want to sell their work as NFTs have to sign up with a marketplace, then โ€œmintโ€ digital tokens by uploading and validating their information on a blockchain, typically the Ethereum blockchain, a rival platform to Bitcoin. They can then list their piece for auction on an NFT marketplace.

Many believe that NFTs will become the future asset and intellectual property of the upcoming boom of the virtual reality.

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The author and publisher of this video have used their best efforts in preparing this video. The author and publisher make no representation or warranties with respect to the accuracy, applicability or completeness of the contents of this video. The information presented here is strictly for informational and educational purposes only. It does not construe financial or tax advice. You assume the sole responsibility of relying on this information at your own risk.

Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favour of fair use.

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