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1.  Regarding the research that I have gotten from doing this assignment, the thing that surprised me the most was the fact that NFTs are really considered cryptocurrency, but are a part of cryptocurrency.
2. This topic is relevant or interesting to me because I am an artist, if I can make millions of dollars through a small image it is worth taking a look at.
3. If I could pass on any information to a family member or friend I think that I would tell them that the market is really volatile and only to get into cryptocurrency if you have done the research and know the risks.

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This video explains how you can make an NFT. It goes through the steps from creating one, to being able to sell it. It is an interesting process. I think that having this information can be really interesting and can impact the way a person looks at digital currency.

I chose this video because it gives people a short understanding of how NFTs are made and how they can be put on the market.

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This video is a guide on how to mine/ generate bitcoin. It goes through the technology requirements and a step by step process as to how a person is to start mining bitcoin, if they are wanting to obtain bitcoin on their own.

I chose this video because if a person is getting more interested in Bitcoin, this video can give an understanding of how to mine bitcoin instead of just buying it or trading it through the digital currency market. I think that this will be an interesting video for people to watch.

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How to start Bitcoin mining for beginners (SUPER EASY) - ULTIMATE GUIDE (2021)

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This is just a simple list that lays out new currency and its values. It gives an understanding of what cryptocurrencies are out there, and what they are going for.

I chose this site because I think that it gives people an understanding of the different kinds of cryptocurrencies and what they could possibly invest in if they are into digital currency.

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New Cryptocurrencies Listed Today And This Week | CoinMarketCap

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See our list of new cryptocurrencies added and tracked recently. We list brand new mineable coins, ERC-20 tokens, DeFi tokens and more

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This video gives fundamental instructions and guidance within knowledge about what Bitcoin is. It gives a breakdown of the concepts and how it works in the world. The person suggests a positive standpoint surrounding bitcoin.

I chose this video because it presents a person's view on bitcoin and how they would recommend it to other people.

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Bitcoin Cryptocurrency For Beginners 2022

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This site is summarized in a conversation between a Crypto expert and someone else on the existence of NFTs and how they may not be the best thing for the digital economy. The way that NFTs work is different from the digital economy, but impacts the digital economy, so it is important to hear what people have to say about it.

I chose this video because I think that it would give a better understanding to the concerns that people have on NFTs.

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'The Problem With NFTs': A Crypto Expert Responds to a Viral Takedown

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While "The Problem With NFTs" has been viewed more than 4 million times, and met with an approving roar from other crypto detractors, it was largely ignored on Web 3 Twitter.

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This article sums up a few of the concerns that people have concerning bitcoin. Most of it has to do with the premise that it is digital currency. Though the biggest issues in the changing value of bitcoin and the volatility it will have on the currency and its way in the market.

I chose this article because it gives a bit of sense of insight into some of the current concerns surrounding this type of cryptocurrency.

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Thinking of buying bitcoin? What experts say about big crypto concerns: ‘You have to be mentally prepared’

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CNBC Make It spoke to bitcoin and fintech experts about the common concerns surrounding the cryptocurrency.

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The economic impact of Cryptocurrency is summarized in some small paragraphs talking about the beginning of Crypto and how it has started, to the benefits and understanding of Cryptocurrency as a whole.

In taking the time to look at Cryptocurrency, I believe that people will have a better understanding of currency and the way that money is now changing. For future use because of the lower transaction cost, digital money could have many advantages for the future.

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Since the beginning of Bitcoin in 2009, the implementation of the cryptocurrency has been very apparent to the public. The new form of currency has established itself as a popular and viable source of currency across the world because of its autonomy and convenient nature. Different forms of cryptocurrency were invented to serve as an alternative source of currency.

As of January 2020, there are more than 2000 cryptocurrencies that exist. Adding on to that, nearly 36.5 million in the US own or invest in some type of currency. Cryptocurrencies such as Bitcoins are enjoyed because they provide a more fresh and digital-based type of currency. These sites don't utilize a third party to interact with transactions. This allows for transactions to go directly from buyer to seller. Bitcoin has also been applauded for its many benefits such as low transaction fees and faster processing. Which explains why in recent years, there have been hundreds of billions of dollars flowing into the new forms of currency. Blockchain, the technology behind cryptocurrency, has also finally taken a step towards the mainstream.

Cryptocurrency provides many incentives for entrepreneurs across the globe. It has made it easier for entrepreneurs to reach international markets rather than strictly sticking to the national markets. This has allowed sellers to create relationships and foster trusts with markets never before available and has been fantastic for developing nations. During the last three months of 2020, each day saw an average of 287 thousand confirmed Bitcoin transactions worldwide.

This new form of currency still has disadvantages that have prevented it from taking that next step. One of the major issues with online currency is the failure to protect buyers. Because the sites are against using a third party to delegate transactions, some buyers are left scammed. Currencies such as Bitcoin are only accepted by a very small group of online buyers.

Cryptocurrency has provided a new technology-based way to go about business. The market has brought about many new buyers and allowed for international trade to happen more smoothly. Even though the market has been on the rise, it has ways to go before it can take that next leap to be a more widely used form of currency.

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Since the beginning of Bitcoin in 2009, the implementation of the cryptocurrency has been very apparent to the public. The new form of currency has established itself as a popular and viable source of currency across the world because of its autonomy and convenient nature.

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This is a picture of one of the Ape NFT's that recently have come within the past year. They are still really popular with newer types coming out as well. NFT's are a crypto currency, but have other things and benefits such as certain contracts that are made with this image.

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Here is what Bitcoin looks like. But, don't replace this for something in your mind as a physical embodiment of an object. This is found within digital aspects. It is a form of data that is now a currency that is worth a particular value.

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The two cryptocurrencies that I will mainly focus on include the fad of a couple of years ago bitcoin, and the ever-evolving NFTs of today. This article contains the differences between bitcoin and NFTs. NFTs technically are not a cryptocurrency, but since digital assets are hooked onto NFTs I am considering them as an aspect of a new generation of currency within the digital world.

I chose this article because it provides definitions of bitcoin and how it differs from NFTs and their things.

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NFTs and NFT stocks are a big story right now. 2021 saw the NFT for Nyan Cat, a 2011-era cat GIF, sold at auction for almost $600,000, NBA Top Shot NFTs generating over $500 million in sales by March, and a single LeBron James highlight NFT selling for more than $200,000. Coindesk reports that since November 2017, approximately $174 million has been spent on NFTs.

But variations of blockchain have been in the headlines for the last decade or so. What is different about NFTs, and why are they making investors sit up and take notice?

What are NFTs?

NFT stands for non-fungible tokens. Fungibility means that the individual parts which make up a good or commodity are interchangeable. 4 quarters, 10 dimes, and a dollar note, are all worth 1 US Dollar, no matter which way you cut them up. Currency is fungible because it doesn't matter which dime you have, it's worth a dime and there is nothing inherently more valuable in one dime than another. A non-fungible item means essentially anything that is unique- that could be chairs, jewelry, artwork, etc - and hence each is valued individually.

As such, an NFT is a digital asset that represents a unique object, typically digital art, music, or video game items. It's easiest to think of a sword that your WoW avatar made and sold to another player for virtual gold. The sword only exists in the digital world, but it can't be interchanged with any other digital asset, and it has real world value.

Why are people investing in NFTs?

NFTs enable private ownership of digital products, creating a system of ownership and tradeability that enables people to unlock value from digital items. Without NFTs, digital assets are easy to share but difficult to own.

You may create a piece of digital art, but when you post it to social media, it becomes the property of the platform (unless you negotiate a deal otherwise). Additionally, anyone can copy the artwork and share it on their own channels. This can still happen with NFTs but the channel won't own the artwork. NFTs give the owner a way to assert, brag and exercise unique ownership in a way previously impossible.

NFTs prove ownership of a piece of artwork or any digital object, allowing users to sell and buy them freely and creating new value. Anyone can own a print of a Van Gogh painting, for example, but the original has value. Similarly, anyone can share a copy of a meme on social media, but the original has value. "A core piece of what makes physical art valuable is the ability to reliably prove the ownership of a piece and display it somewhere, something that's never been as true in the digital world," observes Devin Finzer, co-founder and CEO of NFT platform OpenSea.

NFTs are limited in number, so their value varies depending on demand and interest. They can be created, or "minted," on the blockchain and can represent either tangible or intangible items, including:

Limited edition sneakers like Kanye x Adidas Yeezys, which resell for over $1,000

Digital art like "EVERYDAYS: The First 5000 Days" digital artwork sold by Beeple for $69.3 million

Music tracks

Jack Dorsey's first tweet which sold for over $2.9 million

How are NFTs different from crypto?

Both NFTs and crypto are built on blockchain, using the same technology and the same principles. As a result, they tend to attract the same players. NFTs can be thought of as a subset of the crypto culture, and you generally need cryptocurrency to buy and sell NFTs.

But the main difference is indicated in the name. Cryptocurrency is a currency. Like every other currency, it has only economic value and is fungible. That means that, within a particular crypto currency, it doesn't matter which crypto token you have; it has the same value as the next one, 1 $ETH = 1 $ETH. But NFTs are non-fungible, and they have a value that goes way beyond economics.

What can NFTs do?

Initially, the benefit of NFTs was enabling true ownership of digital assets that mirrors that of the "real world." But NFTs can do far more. NFTs allow creators to continue to earn royalties when their art is resold, which isn't possible with, for example, a physical painting. Celebrities like Snoop Dogg, Grimes and Paris Hilton are releasing unique mementos, art, and experiences as NFTs, recognizing the value they offer.

NFTs promise to remove the middleman from digital publishing, allowing artists of all types to sell directly to their supporters and enabling fans to act as patrons. In this way, NFTs could be paving the return to an older style of art community, where individuals support the artists they enjoy.

With NFTs, it's possible not just to invest money in a rising artist by buying their early work and then benefiting when the work rises in value, but to invest time spreading their name, and still benefit when their value increases. "Now, creators can not only engage but transact with their fans directly: the community can voice their opinions and have a better chance of being heard, the perks can be designed to reward members who add the most value, and the community can benefit through token ownership and redeemable real world rewards," comments Nichanan Kesonpat, blockchain entrepreneur.

Some analysts see NFTs as limited to digital art and/or limited-edition topics, but others see immense potential for new paradigms of work, economy, and social value. Andrew Steinwold, an NFT expert, writes "Crypto is going to radically alter finance, value, organization, governance, the internet, money, and more. But it's non-fungible tokens (NFTs) that will radically alter human society and culture."

NFTs can include collectibles like ticket stubs from concerts; virtual real estate like the Bronx ZOO that is built in the metaverse platform CryptoVoxels; or ownership of digital pets.

Thought leaders suggest that NFTs could form the basis for virtual states, where every NFT holder has an equal voice in governance. In contrast, social media platforms today operate as dictatorships, with a small number of people able to eject members on a whim. Entire economies could eventually emerge built upon digital assets, with the merger of NFTs and cryptocurrencies.

NFTs aren't just another tech bubble

With NFTs, cryptocurrencies, and other blockchain applications capturing headlines on a regular basis, investors are paying renewed attention to something they may have previously dismissed as a techie-geek trend. NFTs are proving that they aren't just a transient flash in the pan. An NFT ETF like Defiance's NFTZ can be one way to gain access to a complex and sometimes high entry-level sector. The ETF aims to mitigate risk by spreading exposure across a number of promising companies that participate in NFT, blockchain, and cryptocurrency ecosystems. These are often collectively referred to as the metaverse, so in some ways NFTZ could be seen as a meta ETF. But whether its metaverse stocks or an NFT fund you are after, NFTZ is the first ETF to bring the NFT space within easy reach of retail and institutional investors.

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NFTs and NFT stocks are a big story right now. 2021 saw the NFT for Nyan Cat, a 2011-era cat GIF, sold at auction for almost $600,000, NBA Top Shot NFTs generating over $500 million in sales by March, and a single LeBron James highlight NFT selling for more than $200,000.

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What CryptoCurrency is, can be difficult to understand, but I think after watching this video, everyone can have a better understanding of what cryptocurrency is. It gives a brief rundown of the creation, how it is used, and its use of it. Reflecting on this video is given a brief and concise understanding of the concepts that are contained within crypto-currency.

Since I already have a fair understanding of what crypto-currency is there is nothing new in this video that I need to know about, but that might not be the case for you. I chose this video because it is quick and concise about what crypto currency is.

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What is Cryptocurrency? A Simple Explanation

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Isn't digital money an interesting concept? It will redefine the way that we use money and be able to make money. This has been described in different ways, from where it has come from, to how it is growing to be a part of society today.