Drop

What does Drop means?

This is the date and time an NFT collection is available for purchase. However, it also details a new NFT’s minting price. It’s, however, similar to the Airing dates of movies in cinemas.

Random Slangs

Mining

It’s the cryptocurrency generation process. And it involves adding verified blocks to the blockchain to maintain its integrity through a proof of work (PoW) process.

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.

Fiat

These are official currencies issued and controlled by the government. Unlike cryptocurrencies, fiats are stable and not volatile. Examples are the common official currencies like

Asset

Another way to refer to a digital collectible or token.

NFA

An acronym for “Not financial advice.” For instance, you might call an NFT community to action but warn them that it’s NFA. Examples A usage