# Rayido talk about NFT

By [Rayido](https://paragraph.com/@rayido) · 2022-07-29

---

What is NFT ?
-------------

NFT aka Non-Fungible Token. Not like ETH or BTC are FT(Fumgible Token), every NFT can only exsist one on blockchain in smart contract.

![Is this NFT ? haha, yes mate](https://storage.googleapis.com/papyrus_images/0553eee7361ae9ee88ccb74b0d7052a52b38c2534864071b190213cb91bac9f0.jpg)

Is this NFT ? haha, yes mate

### What knid of things can be NFT ?

Like JPGS, vedios, articles, magzines, books, ID cards and even ticktes can be NFT.

Maybe after something become NFT will be ex**pen**sive

![hahaha](https://storage.googleapis.com/papyrus_images/8ef7ff938ebb8d1eb8a3900ddcd98f836323386202a05e372bb4e043cbbb4c0e.png)

hahaha

### What is the NFT use for ?

NFT can be Identify of memberships, prove of ownership, translate prove, profile picture, luxury.

### Can NFT be copied ?

physically it can copy and download to your computer of phone. But it only have one JPGS in blockchain. although many copies aroung the world, real owner will actually own the NFT. it depend on the information on blockchain in smart contract.

![Nooooo my NFT](https://storage.googleapis.com/papyrus_images/be00fcc3de18209c411342804859421c25a1ae0df9368a6a90bd738ccc9208a0.jpg)

Nooooo my NFT

* * *

Currently PFP NFT is like the identify of community. Some people take NFT as a method of making money(called flip). As a result, now people are consider more about art, famous or not, do celebrities buy and whatnot.

### How can we explain to elderly?

For me maybe I will explain like that. I will compare those web2 big brand with NFT project. Like: Those NFT like some brands in our life such as Nike, rulax… those NFT project will become a web3 brand in the end. but they will reach by growing community, let holders decide want to do next and let everyone become part of the brand. Not only user but also the creater and promoter. NFT is the uprate web2 brand.And like the web2 brand, there are many small or big brand even fake or similar project. So want we can do is to be careful and trust the brand we like.

What I expect NFT ?
-------------------

### Advantages:

I think NFT can use in many different kinds of aspect. In our daily life, we can live with NFT. maybe when we are born, we can have a NFT ID card and record every information with us or even everyone can have a personal blockchain. In the school, our score, activities and so on. Companies can also make their stock as a NFT. So many ways we can use.

### Disadvantages:

If wallet or blockchain get hacked, everything we have will gone. And privacy problems are also should be pay attention. In one word, Be careful, Be suspect and be awareness.

Thanks mates for reading, Those want I say are NFA, please DYOR

You can find me here:

[https://linktr.ee/rayido](https://linktr.ee/rayido)

---

*Originally published on [Rayido](https://paragraph.com/@rayido/rayido-talk-about-nft)*