# @colindougan on YouTube

- **Type:** Video
- **Original URL:** https://youtube.com/watch?v=a-jkoBaH1QU
- **Gondola URL:** https://gondola.cc/posts/24279401-colindougan-youtube
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/049c16c562.jpg
- **Posted:** 2022-01-07T20:59:25.000+00:00
- **Account Owner:** Colin Dougan (@colindougan) — https://gondola.cc/colindougan

## Caption

What is an NFT? What does 'NFT' mean and stand for?
Most people think of NFT Art, but the Definition of NFT is a "Non Fungible Token".
Essentially - NFTs are a Digital Placeholder for Crypto Currency.
They can be bought, collected, sold and traded like a Stock!

#nft #shorts #nftmeaning #boredape #whatisnft

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Space Ape Program:
https://spaceapeprogram.com/

My PERSONAL NFT Art Collection:
https://opensea.io/collection/canada-ww

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SCRIPT:

The meaning of nft, the definition of nft and what an nft is - is a Non-Fungible Token. 
Ok, sure - but What IS an NFT?

Think of NFTs as Digital placeholders of Cryptocurrency, that can be bought and sold, or traded like Stock.

An NFT can take many forms, and a proper NFT will provide VALUE to the holder.
Whether it be access to a community or extended utility.

The most popular NFTs currently are NFT ART, images, icons, photos, music, and videos, 
BUT NFTs aren’t limited to ART, they can be MORE than just a photo,
Coins/Currency, virtually any form of Digital Real Estate

Overall, NFTs are digital assets that are a key to the digital future ( #METAVERSE )

NFTs are Bridging Art and Crypto in the Digital Future.

## Stats

- **Views:** 4,858
- **Likes:** 107
- **Shares:** 0
- **Comments:** 8

## Tags

boredape, metaverse, nftmeaning, whatisnft, nft, shorts

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