NFTslangs.com
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 it is. And when that happens, only fewer people can afford it. For instance, an NFT with a 250 SOL floor is highly valuable relative to the others in the Solana ecosystem.
A general term for show-off; refers to bragging about a digital asset. For instance, you can flex your NFT by displaying it as a PFP.
It refers to someone who expresses FUD about a project; they’re frightened, uncertain, and doubtful about an investment. Anyone can become a Fudder in crypto,
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
These are NFTs that offer real-life uses or tools to perform a task. An excellent example of a utility NFT is Moonly, which gives unique
An NFT collection of approximately 10,000 avatars, which was arguably pioneered by the famous CryptoPunks collection. This term is also commonly used to refer to similar avatar projects instead of the actual number of NFTs in the collection.