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London Real

What is an NFT? - Witek Radomski, CTO of Enjin.

London Real

Brian Rose

Investing, Business, Technology

4.41.9K Ratings

🗓️ 14 January 2022

⏱️ 4 minutes

🧾️ Download transcript

Summary

🍿 Watch the Full Episode for FREE: https://londonreal.tv/radomski

Transcript

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0:00.0

We first spoke about engine back in 2019

0:03.3

and a lot of my students in my DeFi Academy

0:06.2

bought into the protocol back then

0:07.8

and they are super excited to watch this.

0:10.1

Funny enough, I was literally just on a phone call

0:12.5

with a British reporter talking about how I'm gifting NFTs

0:16.9

to all my family and my students

0:18.8

and even some of my team members here.

0:20.7

And the reporter paused for a second and said,

0:22.8

Brian, what is an NFT?

0:25.2

And I gave an explanation but I thought,

0:27.2

you know what, I might as well start there.

0:29.7

And ask you that question.

0:31.1

And maybe then that leads to NFTs for gaming

0:34.7

because that kind of changes.

0:36.7

I think the lens that you look at NFTs

0:39.2

but I will start with that very basic question.

0:41.4

How do you answer that thing?

0:43.8

So an NFT is a digital token on a blockchain

0:47.5

but it means it's non-fungible.

0:49.2

So it's one of one, right?

0:51.7

Instead of a cryptocurrency where you can have a million

...

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