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.
Decentralized apps (dApps)
Apps or programs that execute tasks within the decentralized or blockchain ecosystem. Generally, dApps run on smart contracts and are autonomous. Examples OpenSea, Magic Eden,