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It determines the level of uniqueness or scarcity of an NFT. Generally, the more scarce an NFT is, the higher its price. Hence, collectors always
A general term for show-off; refers to bragging about a digital asset. For instance, you can flex your NFT by displaying it as a PFP.
This is the amount paid in crypto for transacting on a particular blockchain. The gas fee is typically a fraction of the native coin of
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
Refers to an auction that opens with the highest possible price (ceiling price); this drops at intervals and closes with the lowest price accepted by