Utility-focused NFTs

What does Utility-focused NFTs means?

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 holders access to deeper actionable insights about the NFT market.

Random Slangs

Doxxed / Doxed

A revealed identity. Some NFT creators or authors prefer to remain unknown, so they tag them “undoxxed.” They become “doxxed” once people know who they

Derivative

Derivatives are secondary contracts that inherit their value from an existing or underlying one. Examples of derivatives include crypto Options, Swaps, Futures, Forward, and many

KOL

A short form of “Key Opinion Leaders.” It defines an industry influencer. In NFT, a KOL is someone whose decision impacts an NFT project. You

AFAIK

The short form of “as far as I know”, implying that the information available is what someone knows so far. AFAIK statements are usually amenable

Airdrop

New NFTs or cryptocurrencies that are automatically sent to your wallet for free. This is a common practice in the crypto space to attract and reward early project adopters.