NFTslangs.com

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Whitepaper

What does Whitepaper means?

It’s a detailed documentation of an NFT project plan or roadmap. This document details everything about a project, including its aim, objectives, and future goals. A whitepaper typically states what members stand to gain from an NFT project and how it stands out from other projects in the fold.

Example

“Please read our whitepaper to learn more about our project”

Random Slangs

Mint interval

The time interval between each mint. The aim of adding a mint interval is to offload the real-time requests or transactions during mint.

GPU

An acronym for “graphics processing unit.” A type of CPU (central processing unit) that speeds up digital rendering. In crypto, powerful GPUs are an essential

Presale

It’s the process of selling NFTs to chosen investors (usually early supporters) before the official mint date. Presales typically sell at a price below the

OS

An abbreviation of “OpenSea,” one of the largest NFT marketplaces. The NFT community often refers to OpenSea as OS on social platforms like Twitter and

Peer To Peer (P2P)

Peer to Peer, shortened to P2P, is a decentralized transaction between two traders (a pair) without a verifying third party. In this case, other users

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