NFTs can be hard to grasp. What the heck is a non-fungible token? While most of the world grapples with understanding what they are or how they work, one company has taken the lead as the most successful NFT marketplace in the world. How did OpenSea, a company now valued at over $13B — billion! — become the defacto marketplace for buying and selling NFTs? The Verge’s Russell Brandom explains.

Subscribe: http://goo.gl/G5RXGs
Like The Verge on Facebook: https://goo.gl/2P1aGc
Follow on Twitter: https://goo.gl/XTWX61
Follow on Instagram: https://goo.gl/7ZeLvX

The Vergecast Podcast: https://pod.link/430333725
Decoder with Nilay Patel: http://apple.co/3v29nDc
More about our podcasts: https://www.theverge.com/podcasts

Read More: http://www.theverge.com
Community guidelines: http://bit.ly/2D0hlAv
Wallpapers from The Verge: https://bit.ly/2xQXYJr

Subscribe to Verge Science on YouTube, a new home base for our explorations into the future of science: http://bit.ly/2FqJZMl