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

Moon

An NFT way of describing a rapid increase in the volume and price of a cryptocurrency or digital asset. The “moon” is the ultimate goal

BTD / BTFD

Acronyms for “buy the dip” and “but the fxxxking dip,” respectively. These terms are used interchangeably in crypto to tell people to buy a cryptocurrency

Reveal

Refers to the step in the mint process when a buyer sees what they’ve minted. Buyers typically don’t know what they’re purchasing while minting an

Polygon

A scaled Ethereum blockchain technology layer that allows you to transact faster at a lower cost relative to the primary Ethereum blockchain. Its underlying cryptocurrency

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