NFTslangs.com

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Miner

What does Miner means?

An individual who participates in crypto mining. Miners use high-performant GPUs, as the process requires high computing power as more miners join the mining process.

Random Slangs

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

Noob / Pleb

An NFT or crypto beginner. Generally, someone not knowledgeable about a subject matter is called a Pleb or Noob. But the NFT community has adopted it to describe

Presale

It’s the process of selling NFTs to chosen investors (usually early supporters) before the official mint date. Presales typically sell at a price below the

Open editions

These are NFTs offering an unlimited number of mints within a specified time frame. As opposed to limited editions, collectors can mint as much as

(Floor) sweeping

Buying an NFT in bulk at its lowest price, probably below or at the FP rate. For instance, project owners can sweep the floor of

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