NFTslangs.com

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10k project

What does 10k project means?

A 10k project refers to an NFT collection with 10,000 distinct non-fungible tokens. They’re mostly a collection of avatars with unique properties each. 10k projects are the most popular and profitable since they sell many NFTs in a row. However, since Cryptopunk introduced the 10k feature, many avatar projects have adopted it.

Random Slangs

NFT

NFT stands for “non-fungible token.” An NFT is a non-replaceable token that tracks digital assets on the blockchain. Each NFT is uniquely tied to a

Whale

They’re an influential personality in a crypto network (characterized by having huge capital whose decision can make or mare a project). For instance, a project

Floor

Often described as the floor price, it’s the lowest selling price of a digital product. The lower the floor of an NFT, the more valuable

ATH / ATL

Acronyms for “all-time high” and “all-time low,” respectively. An “all-time high” describes the highest market price an NFT project has ever attained in its entire

KOL

A short form of “Key Opinion Leaders.” It defines an industry influencer. In NFT, a KOL is someone whose decision impacts an NFT project. You

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