Pre-mine

What does Pre-mine means?

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.

Random Slangs

FUD

An acronym for “fear, uncertainty, and doubt.” It’s the slang used by the NFT community to describe the spread of false information to raise investors’

OG

A shortened NFT slang for “Original Gangster.” It describes early supporters or highly respected members of an NFT team. Most NFT communities assign this role

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

Seed hash

These are randomly generated sequence of values that encrypts transaction keys in cryptography. While the “hash” function handles encryption, the “seed” function helps generate unique

Minting

The NFT creation process. In the background, it’s the process of attaching a unique (non-fungible) token to a digital file. Invariably, the attached token tracks