Hashmasks

What does Hashmasks means?

Hashmasks are collaborative digital artworks created by 70 artists from around the world. Essentially, they’re hashed digital masks that exist on the blockchain—so they’re a new form of NFTs. Hashmasks are unique, as they give holders the flexibility to name their digital art via the Name Change Token (NCT). However, a Swiss company, Suum Cuique Labs, based in Zug, Switzerland, manages the art collectibles.

Random Slangs

Bot

A bot is an automated program bearing instructions to execute a specific task. Discord bots are good examples of how the NFT community uses bots

ERC-721

ERC-721 is a set of standards that provides guides for creating non-fungible tokens (NFTs). This is in contrast to ERC-20, which is for creating fungible

Snipe

Used when someone buys a rare NFT at a price below its actual value. Essentially, it means a profitable deal on an NFT. Someone might

Tokens

These are cryptogenic representations of digital assets in a blockchain. You can view a token as the denomination of a cryptocurrency. Hence, they’re not crypto

FOMO

An acronym for “fear of missing out.” It’s a fear of missing big rewards despite investing in a project or a cryptocurrency. A FOMO might