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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

Utility-focused NFTs

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

On-chain metadata

Refers to token information about an NFT stored directly on the blockchain; instead of embedding it in the IPFS (InterPlanetary File System).

Devs

An abbreviation for developers. Devs are professionals who create products and services in the blockchain ecosystem using programming languages like Solidity, JavaScript, and Python, and

Moon

An NFT way of describing a rapid increase in the volume and price of a cryptocurrency or digital asset. The “moon” is the ultimate goal

Pre-mine

Generating a certain amount of cryptocurrency before its public release or launch. It’s a way to reward early supporters and founders of a crypto project.

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