New to the world of NFTs? Here’s a handy glossary of all the important NFT terms.
👇 My Youtube Playlists:
➡️ NFT Terms: https://bit.ly/nftterms-videos
➡️ AiArt: https://bit.ly/aiart-videos
➡️ NFT Tips: https://bit.ly/nft-videos
➡️ My Portfolio: https://bit.ly/sebnemkoken-portfolio
➡️ Photography Tips: https://bit.ly/photographytips-videos
👇 This series addressed the following NFT terms:
➡️ 1:1 ART
➡️ AMA
➡️ AIRDROP
➡️ AFAIK
➡️ ALPHA
➡️ APE-ING (INTO SOMETHING)
➡️ ATH / ATL
➡️ AVATAR PROJECT
➡️ BLUE CHIP
➡️ BURN
➡️ COLD WALLET VS. HOT WALLET
➡️ CRYPTOCURRENCY VS. FIAT CURRENCY
➡️ DAO
➡️ DEFI
➡️ DEX
➡️ DEGEN
➡️ DIAMOND HANDS vs. PAPER HANDS
➡️ DOXXED / DOXED
➡️ DROP
➡️ DYOR
➡️ ENS (.eth) | ENS – Ethereum Name Service – is a service that sells.eth domains. These domains shorten the length of your Ethereum wallet, making it easier for others to identify and send ETH/NFTs to your wallet.
➡️ ERC-721 | ERC-721 is a token standard that can be found on the Ethereum blockchain.
➡️ FRACTIONALIZED NFTs | NFTs that have been fractionalized are NFTs that have been divided into smaller pieces by their original owner. This allows anyone to own a piece of a famous NFT. When an NFT is fractionalized, the components are linked in a smart contract.
➡️ FUD | FUD refers to the spread of “Fear, Uncertainty, and Doubt”
➡️ GAS FEES | The fee charged by most NFT trading platforms is referred to as NFT Gas. This is the cost of conducting a transaction or carrying out a contract on their blockchain platform. It is determined by the amount of network traffic and the computational power required to complete a transaction.
➡️ ICYMI | Abbreviation for “In case you missed it.”
➡️ IRL | The physical world in which we live is referred to by the abbreviation “In real life.” In contrast to the virtual world.
See the references from the link below:
https://medium.com/@sebnemkoken/a-glossary-of-nft-terms-that-you-should-know-f86f7934a8df?source=friends_link&sk=2c9b6b9384d8aa5523c6fb5f993617d4
👉 Visit my website to view examples of my work :
👉 Find me on Twitter if you want to get in touch:
👉 My NFTs:
https://opensea.io/sebnemkoken
https://foundation.app/@sebnemkoken
#nftart #nftterms #nftcollectibles #shorts
