{"id":"nFi1-RYgHPs","title":"NEAR Protocol - NFTs Are More Than JPEGs","description":"While NFTs have been around for years, in recent years they have become one of the most hyped parts of the Web3 world. But what lies beyond that? In this video, the NEAR Foundation explores NFTs beyond the hype, looking at how this technology is being used for causes as diverse as tackling climate change to healthcare and social good.\n\nDiscover why NFTs are so much more than just jpegs on the blockchain.\n\nJoin NEAR's community:\nWebsite: https://near.org/\nReddit:   / nearprotocol  \nDiscord: https://near.chat/\nMedium:   / nearprotocol  \nBlog: https://near.org/blog/\nTwitter:   / nearprotocol  \nGitHub: https://github.com/near  https://github.com/nearprotocol\nDev Docs: https://docs.near.org/\nCreate a wallet: https://wallet.near.org/create\nApps on NEAR: https://awesomenear.com/\nLearn to Build On NEAR: https://www.near.university/\nGrants & Funding: https://near.org/grants/\n#Blockchain #FutureisNEAR #NEAR #nearprotocol\n#nft #dao","channel_name":"NEAR Protocol","published_at":"2022-06-15T00:00:00.000Z","thumbnail_url":"https://img.youtube.com/vi/nFi1-RYgHPs/hqdefault.jpg","transcript_text":"nfts have taken the world by storm in just a few years non-fungible tokens have gone from niche topic to household name but while most of the headlines around nfts focus on art there is so much more to the technology than pictures of bored apes in this video we're going to explore nfts beyond the hype before we do that we need to first understand what an nft is before we dive into how it is changing crypto an nft is a unique piece of code written on the blockchain that piece of code can be associated with pretty much anything photos videos audio property you name it what makes an nft special is that unlike a regular token the code is one of a kind meaning there can only ever be one version that means nfts can be used to symbolize assets and objects that are also one of a kind at the moment most nfts are being used to record pieces of art on the blockchain on near places like paras have dozens of artists creating nfts for fans across the world but you don't have to look far to find other examples of nft's power dao records is using nfts to help musicians connect with their fans and collaborate with other artists developer dao harnesses nfts as tickets for community members to take part in events open forest protocol is using non-fungible tokens to preserve rainforests marma j foundation has used nfts to raise funds for sick children and there are many more in the future this technology will be used to tokenize everything from sporting events to community collaboration all of this powered by near's super simple infinitely scalable and ultra secure network head to nir.org to see how nfts can help re-imagine your future","transcript_synced_at":"2026-11-04T04:03:46.144Z","segments":[{"start_seconds":1,"text":"nfts have taken the world by storm in just a few years non-fungible tokens have gone from niche topic to household","url":"https://www.youtube.com/watch?v=nFi1-RYgHPs&t=1s"},{"start_seconds":9,"text":"name but while most of the headlines around nfts focus on art there is so much more to the technology than pictures of bored apes","url":"https://www.youtube.com/watch?v=nFi1-RYgHPs&t=9s"},{"start_seconds":17,"text":"in this video we're going to explore nfts beyond the hype before we do that we need to first understand what an nft","url":"https://www.youtube.com/watch?v=nFi1-RYgHPs&t=17s"},{"start_seconds":25,"text":"is before we dive into how it is changing crypto an nft is a unique piece of code written on the blockchain","url":"https://www.youtube.com/watch?v=nFi1-RYgHPs&t=25s"},{"start_seconds":33,"text":"that piece of code can be associated with pretty much anything photos videos audio property you name it","url":"https://www.youtube.com/watch?v=nFi1-RYgHPs&t=33s"},{"start_seconds":42,"text":"what makes an nft special is that unlike a regular token the code is one of a kind meaning there can only ever be one","url":"https://www.youtube.com/watch?v=nFi1-RYgHPs&t=42s"},{"start_seconds":50,"text":"version that means nfts can be used to symbolize assets and objects that are also one of a kind","url":"https://www.youtube.com/watch?v=nFi1-RYgHPs&t=50s"},{"start_seconds":59,"text":"at the moment most nfts are being used to record pieces of art on the blockchain on near places like paras have dozens of","url":"https://www.youtube.com/watch?v=nFi1-RYgHPs&t=59s"},{"start_seconds":68,"text":"artists creating nfts for fans across the world but you don't have to look far to find other examples of nft's power","url":"https://www.youtube.com/watch?v=nFi1-RYgHPs&t=68s"},{"start_seconds":76,"text":"dao records is using nfts to help musicians connect with their fans and collaborate with other artists","url":"https://www.youtube.com/watch?v=nFi1-RYgHPs&t=76s"},{"start_seconds":84,"text":"developer dao harnesses nfts as tickets for community members to take part in events open forest protocol is using","url":"https://www.youtube.com/watch?v=nFi1-RYgHPs&t=84s"},{"start_seconds":93,"text":"non-fungible tokens to preserve rainforests marma j foundation has used nfts to","url":"https://www.youtube.com/watch?v=nFi1-RYgHPs&t=93s"},{"start_seconds":100,"text":"raise funds for sick children and there are many more in the future this technology will be used to tokenize","url":"https://www.youtube.com/watch?v=nFi1-RYgHPs&t=100s"},{"start_seconds":107,"text":"everything from sporting events to community collaboration all of this powered by near's super simple infinitely scalable and ultra","url":"https://www.youtube.com/watch?v=nFi1-RYgHPs&t=107s"},{"start_seconds":117,"text":"secure network head to nir.org to see how nfts can help re-imagine your future","url":"https://www.youtube.com/watch?v=nFi1-RYgHPs&t=117s"}],"youtube_url":"https://youtube.com/watch?v=nFi1-RYgHPs","url":"https://near-pedia.xyz/videos/nFi1-RYgHPs"}