Exploring NFTs with Giorgi Jashiashvili: A Journey into the World of Digital Collectibles

Non-fungible tokens (NFTs) are assets that have been tokenized via a blockchain. They are assigned unique identification codes and metadata that distinguish them from other tokens.

NFTs can be traded and exchanged for money, cryptocurrencies, or other NFTs—it all depends on the value the market and owners have placed on them. For instance, you could use an exchange to create a token for an image of a banana. Some people might pay millions for the NFT, while others might think it worthless.

Cryptocurrencies are tokens as well; however, the key difference is that two cryptocurrencies from the same blockchain are interchangeable—they are fungible. Two NFTs from the same blockchain can look identical, but they are not interchangeable.

Timestamps

00:00 – Intro

00:25 – About Giorgi

01:41 – NFTs and what they could be

09:26 – Brands that are doing well with NFTs

11:30 – New brands and launching NFTs

17:32 – NFTs and how they're solving a problem

19:33 – How Giorgi began with NFTs

24:27 – Outro