Looking to get rich flipping NFTs for a profit? It might help to understand what exactly an NFT is before you invest your life savings into one.

This week's EdPuzzle video from TwoCents titled "What the Heck Is an NFT? (And Should I Buy One?)" goes through the basic concept of an NFT, it's popularity as a new investing avenue, and other ways that NFTs could be used in the future.

Interested in more EdPuzzle videos? Visit our Video Library and type in "EdPuzzle" into the search bar at the top to view the rest of our EdPuzzle videos!

Note: You do NOT need to create an account to ACCESS EdPuzzle videos. But if you do create free teacher and student accounts, you will then be able to capture and save student responses. For more tips and tricks on how to best implement these videos in your classroom, check out Amanda Volz's Tech Tip video. If you would like more information, visit the EdPuzzle Teacher Support page!

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Learn more about NFTs and the potential downsides to investing in this volatile asset with the FinCap Friday: The NFT Catastrophe

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Follow the ups and downs of BitCoin over the past few years in this fun activity: PLAY: The Bitcoin Rollercoaster

About the Author

Dan Rolando

Always enamored with learning, Dan’s parents affectionately nicknamed him “The Sponge” as a kid. After earning his Engineering Master’s from NC State University followed by six years of teaching, Dan joins NGPF to pursue his passion of inspiring financial capability in anyone who will listen. Having navigated seven years of higher education debt-free through scholarships, work, creative budgeting, and a whole lot of help, he recognizes the freedom that comes from financial independence and hopes to share that gift with others. In the (rare) times he’s not discussing finance, Dan enjoys running, reading, playing board games, spending time with his daughter, and being sous chef for his wife.