NFT

What does NFT means?

NFT stands for “non-fungible token.” An NFT is a non-replaceable token that tracks digital assets on the blockchain. Each NFT is uniquely tied to a specific item to prevent ownership conflict, and they’re all bound by smart contracts. Therefore, you can buy any item digitally, including music, cloth, food, land, house, and art and track them as NFTs.

Random Slangs

BTC

A short way of writing “Bitcoin.” Launched in 2009, Bitcoin tops the cryptocurrency blue chips. And it has gained immense value over time. It uses

Fren

A misspelled slang for “Friend.” In the NFT community, people address their buddies as “fren.” Example Hey “fren,” WAGMI!

Reward pool

Refers to token storage that rewards people for participating in token staking or sometimes crypto campaign, usually a P2E game. The reward pool typically contains

Metaverse

The metaverse refers to an immersive virtual world (accessible by wearing a headset) that simulates real-life events, where people can interact regardless of the distance

Avatar project

Avatar NFTs are a collection of artworks that represent a particular animate or inanimate object. Avatar NFTs are some of the most common NFTs today,