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Pronounced as “one of one,” a 1:1 Art refers to an NFT collection with only one copy. Such NFTs are rare since they’re the first and last. You can buy 1:1 Arts on marketplaces like OpenSea, but the chances of nailing one are slim since they’re often expensive and desired by many top-notch investors.
Most hand-drawn NFTs and photographs come as 1:1 Arts.
The blockchain is a chain of servers containing several nodes that record cryptocurrency transaction ledgers in a decentralized format. The blockchain is difficult to hack
An NFT metadata contains vital information about that NFT. Most projects store NFT metadata in a distributed file system called the IPFS (InterPlanetary file system).
It’s a detailed documentation of an NFT project plan or roadmap. This document details everything about a project, including its aim, objectives, and future goals.
KYC is an acronym for “know your customer,” often required as a registration phase in crypto trading apps like Binance. The purpose of KYC is
This is a short form of cryptocurrency. It’s an ungoverned digital currency backed by a particular blockchain.