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Think you know what these words mean? Well, think again because this is going to blow your mind!
#Gaming #NFTs #blockchain #nftgames #knowledge #nftdictionary
#WordOfTheDay #NFTDictionary
📌 Blockchain: Distributed databases used to securely store data and information, including crypto and NFTs, in a publicly accessible way.
#68NFT #BoldBunny #AXStudio
Do you want to work with NFT but don't know NFT definitions?
NO WORRIES ❗
NFT Dictionary: All the Terms and Definitions You Need to Know 💥💥💥
#NFT,#NFTDICTIONARY,#market,#marketplace,#blockchain,#bitcoin,#Cryptocurency,#CryptoNews,#crypto,#trading
New here? We're here to help. 📖
https://t.co/Tky6552ZYu
#NFTDictionary
What does whitelist mean in crypto world?🤍
A whitelist is a group of users 👨👩👦👦 who are given early access to purchase an item from an NFT collection before the project is publicly available🤫
More here https://t.co/l6WwncXf7C
#NFTDictionary is on air today!🚀
Let's take a closer look at...
✨ROADMAP✨
An #NFT project roadmap is a bit like an investment deck. It’s a document that maps out the goals, milestones, and strategies of an NFT project to communicate the project’s value and #utility.
#NFTDictionary
What is On-Chain?🔗
A blockchain system is essentially a network that contains a distributed ledger that can be considered as a shared database. The transactions that are recorded on the blockchain itself and shared with all of the participants are done on-chain⛓
#NFTDictionary✨
UTILITY TOKEN🪙
A utility token is a cryptocurrency that provides access to (and is used to interact with) a decentralized application or service. The tokens are used in the internal economy of a specific project.
Which term do you want to learn about next?🧐
#NFTDictionary
The metaverse is a blending of physical and virtual reality—a digital extension of the real world🤖
ARPC is working on centering much of its utility on gaming experiences and digital events that unite physical and virtual reality in the metaverse🦾🕹
#NFTDictionary
What is Cross-chain?⛓
Cross-chain is a technology that enhances the interconnection between blockchain networks by allowing the exchange of information and value. Doing so breaks the siloed nature of blockchains to create an intertwined distributed ecosystem. 🙌
#NFTDictionary
GAS FEE
The price for a transaction on a blockchain is called ""gas"". When buying 🖼NFTs on a blockchain🔗 like Solana, gas is negligible. On Ethereum, gas fee all depends on the activity on the network.
Low activity=low fees⬇️
High activity=high fees⬆️
Easy?
What is "Reveal"?🤔
#NFTDictionary is here for you 👋
The word here is self-explanatory, but its meaning in an NFT context may not be. Check it in our TG https://t.co/kb5LMmndgQ
Which term do you want us to explain next?😉
#NFTDictionary
What Does it Mean to #Mint an NFT?
Minting an #NFT is the act of uniquely publishing your token on the blockchain to make it purchasable.
Minting can either refer to the creation process of an NFT or the purchase of an NFT on its release date🔗
If you're looking to create and sell your own #NFTs, you'll need to know about minting. Tap through to learn the basics and get started 👇 #NFT101 #NFTDictionary
#NFTDictionary
GM / GN — abrv.
Abbreviations of Good Morning and Good Night. NFT is about community, we always wish everyone GM and GN!
"GM #NFTcommunity! What incredible art are you collecting today?"
@Poloniex Answer ⤵️
The metaverse for me is a virtual space where you can feel free to do whatever you want from the comfort of your home.
#NFTDictionary #Giveaway #Metaverse
@Poloniex Metaverse is where technology helps people take their online experience to the next level, almost real! , where user assets are identified with NFTs (decentralized by bolckchain)
#APENFTMktplace #Poloniex
#NFTDictionary #metaverse #giveaway
How do you understand metaverse? Drop your comments below and get a reward for the best answer🎁
#NFTDictionary #metaverse #giveaway
#NFT Dictionary 📕
"Mods" ⬇️
It refers to the #moderators of Twitter or Discord channel. The role of moderators is to ensure a healthy, active and informative community experience in these spaces.
#nftdictionary #nftcommunity #nftglossary
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