NFTs for Beginners 2022 (The GOOD and The BAD)

NFT stands for Non Fungible Token and are Digital assets that have had alot of news and press recently. In this video I'm breaking down (a very basic) overview of how they work, why they are useful to creators BUT also some of the downfalls for investing in them. I also talk through the basic way to invest in them if you wish using such websites as http://OpenSea.io.

Look out for a video soon on the Step by Step process to create your own NFTs if you are a business owner or creative type.

Timestamps
00:00 What are NFTs and why should we care?
03:42 Why is using this method of Verification important?
06:49 Drawbacks of NFTs
09:57 What do you need to do to buy an NFT?

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I'm Jennifer Kempson, Scottish Mum, Engineer and full time Investor/Entrepreneur/Author/Financial Educator. I make videos about personal finance, investing, entrepreneurship, and lifestyle design. I also have a weekly podcast with my husband Matt called The Prosperity Project. We have two small boys and live in Glasgow, Scotland, UK. Our heart is serving and educating others on the topics that we believe can help others the most.

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