This is a simple explanation of what NFT's, or Non-Fungible Tokens, are in cryptocurrency and blockchain technology for beginners.

00:00 - Introduction
00:36 - 3 Key Concepts to Understand NFT's Better
01:06 - Subjective vs Objective Value
04:29 - What is a Market?
06:06 - Fungible vs Non-Fungible Assets
08:21 - Definition of Tokens
09:22 - What is Blockchain?
09:45 - Decentralization
10:49 - Transparency
11:58 - Immutability
12:39 - What is An NFT, or Non-Fungible Token?
14:37 - NFT's Available on OpenSea.io NFT Marketplace
12:50 - Unstoppable Domains NFT''s
16:45 - Standardization
18:31 - ERC-721 Standard
20:20 - ERC-998
21:09 - ERC-1155
22:45 - Tradeability
23:34 - Liquidity
24:45 - Immuteability
25:15 - Programmability
25:35 - How NFT's Could be Used in the Future
28:20 - Current Cons of NFT's
29:52 - Outro

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