NFTslangs.com

NFTslangs.com

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Verified contract

What does Verified contract means?

A smart contract that allows users to interact with and audit a contract code, allowing them to independently verify that it works according to what’s the in the digital signature.

Random Slangs

Fractional ownership

Partial ownership rights over an NFT. Sellers can sell percentages of a work and buyers can buy a portion based on what they can afford.

Drop

This is the date and time an NFT collection is available for purchase. However, it also details a new NFT’s minting price. It’s, however, similar

McDonald’s

It’s used jokingly as an alternative career to a failed NFT investment. The NFT community uses it comically as the career option to fall on

Staking

It’s a process where people use their tokens to contribute to rewarding block validation for a fixed period; it applies to Proof of stake (PoS)

Whale

They’re an influential personality in a crypto network (characterized by having huge capital whose decision can make or mare a project). For instance, a project

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