Wednesday, October 15, 2025
  • About Us
  • Web3Wire
  • Meta3Wire
  • RSS Feed
  • Partners
  • Media Kit
  • Contact Us
Block3Wire
No Result
View All Result
  • Home
  • NFTs
  • Business
    • News
    • Opinion
    • Guides
    • Press Releases
  • Crypto Whitepapers
  • DeFi Research Reports
  • Blockchain Resources
Block3Wire
  • Home
  • NFTs
  • Business
    • News
    • Opinion
    • Guides
    • Press Releases
  • Crypto Whitepapers
  • DeFi Research Reports
  • Blockchain Resources
No Result
View All Result
Block3Wire
No Result
View All Result
Home Guides

NFT’s Explained in 4 minutes!

January 20, 2023
in Guides
0
27
SHARES
456
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

What are NFT’s? NFT’s are an innovation in the blockchain/cryptocurrency space that allows you to track who owns a particular item. Something tricky with digital files because they can easily be copied.

NFT’s are essentially smart contracts that live on blockchains like Ethereum, Flow, or Tezos. They can also be programmed to give the creator a royalty of every sale of his NFT.

💌 Sign up for Simply Explained Newsletter:
https://newsletter.simplyexplained.com
Monthly newsletter with cool stuff I found on the internet (related to science, technology, biology, and other nerdy things)! No spam. Ever. Promise!

🌍 Social
Twitter: https://twitter.com/Savjee
Facebook: https://facebook.com/Savjee
Blog: https://savjee.be

❤️ Become a Simply Explained member: https://www.youtube.com/channel/UCnxrdFPXJMeHru_b4Q_vTPQ/join

📚 Sources used to make this video:
https://savjee.be/videos/simply-explained/what-is-an-nft/

#nft #crypto #blockchain #simplyexplained

About Block3Wire
Block3Wire – News, press releases, events and research articles about Blockchain, Bitcoin, Ethereum, Cryptocurrencies, NFTs, DeFi, GameFi and DAOs. Explore Blockchain and Web3 Resources, DeFi research reports and all crypto white papers. Follow us on Google News and Listen to us on Google Podcast!

Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.

Tags: best practicesblockchaincryptodummieseducatefungiblehash functionlearnlessonnftshortsimplyexplainedvaluable
Previous Post

Halal Web3 Platform MRHB Decentralizes Website on Internet Computer (IC) with 4EVERLAND

Next Post

Mining Difficulty – Simply Explained

Next Post
Mining Difficulty – Simply Explained

Mining Difficulty - Simply Explained

Newsletter

Join our Block3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Popular on Block3Wire

  • Covo Finance

    Covo Finance: Revolutionary Crypto Leverage Trading Platform

    49 shares
    Share 20 Tweet 12
  • Cathedra Bitcoin Announces Leasing of 2.5-MW Bitcoin Mining Facility

    48 shares
    Share 19 Tweet 12
  • Global Web3 Payments Leader, Banxa, Announces Integration With Metis to Usher In Next Wave of Cryptocurrency Users

    48 shares
    Share 19 Tweet 12
  • Intella X, Neowiz’s Web3 gaming platform reveals its ecosystem partners

    40 shares
    Share 16 Tweet 10
  • TraderX Launching Innovative White Label Solutions for Cryptocurrency Exchanges

    37 shares
    Share 15 Tweet 9

RSS Latest on Web3Wire

  • Access Advance HEVC and Video Distribution Pool Patent Owners Bring Streaming and Device Patent Infringement Suit Against Roku in Brazil
  • Agereh Technologies Announces Revised Terms of Non-brokered Private Placement
  • Cloudonix and Minutes Network Partner to Advance Agentic Voice AI Adoption by Enterprises at Tech Week SF/AI Week New York
  • HyperIn Pushes Global Expansion With a Platform That Reimagines Commercial Real Estate
  • Sabanci Makes Giant Leap: Ranked 51st in Forbes’ “World’s Best Employers – 2025” and Becomes Turkiye’s Best Employer
  • Living Together, Made Simple: How Shared Homes Are Redefining Modern Living in Greece
  • One Brand, Endless Possibilities: Exploring Eufymake’s Top 3D Printing Essentials
  • RankWorks Launches Unified AI Marketing Platform to Simplify Markeing for SMBs
  • SNS Technologies Expands to Offer VoIP Services for Charleston Businesses
  • AI Online Services Introduces AI-Powered Digital Solutions Promising 10X Faster Results

RSS Latest on Meta3Wire

  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
  • MetatronAI.com Unveils Revolutionary AI-Chat Features and Interface Upgrades
  • Purely.website – Disruptive new platform combats rising web hosting costs
  • WEMADE and Metagravity Sign Strategic Alliance MOU to Collaborate on Blockchain Games for the Metaverse
Block3Wire Logo

News, press releases, events and research articles about Blockchain, Bitcoin, Ethereum, Cryptocurrencies, NFTs, DeFi, GameFi and DAOs.

  • About Us
  • Web3Wire
  • Meta3Wire
  • RSS Feed
  • Partners
  • Media Kit
  • Contact Us

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges
80 Best Blockchain Websites

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Blockchain Resources

  • Blockchain and Web3 Resource Directory
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses

Block3Wire Podcasts

Block3Wire Podcast on Amazon Music  Block3Wire Podcast on Spotify
Block3Wire on Google News
  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • Crypto Sitemap

© 2023 Block3Wire | All Rights Reserved.
Our Media Network: Web3Wire | Block3Wire | Meta3Wire
We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

No Result
View All Result
  • Home
  • NFTs
  • Business
    • News
    • Opinion
    • Guides
    • Press Releases
  • Crypto Whitepapers
  • DeFi Research Reports
  • Blockchain Resources

© 2023 Block3Wire | All Rights Reserved.
Our Media Network: Web3Wire | Block3Wire | Meta3Wire
We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version