NFT Card
NFT Card, a digital token representing ownership of a unique item or piece of content, has ignited a revolution in the realm of online trading and collection. With the current digital trend blowing across the globe, NFT Cards are transforming the way of mercantile interactions and transactions. Background or History NFT cards originated from the...
NFT Coin
Non-fungible Token (NFT) Coin is a form of digital asset that utilizes blockchain technology to verify and establish the uniqueness of the asset. It is an innovative way to prove ownership of a unique digital item, preserved on a distributed ledger. In recent years, NFT Coins exploded onto the scene, with famous artists and celebrities...
NFT Collateral
NFT Collateral refers to the use of non-fungible tokens (NFTs) as collateral to secure a loan or other financial obligations. This innovative practice allows NFT owners to leverage their digital assets for liquidity without needing to sell them, thereby retaining ownership while accessing funds. Current Trends and Examples As of the latest data, platforms like...
NFT Collection
An NFT Collection refers to a series of unique digital assets stored on a blockchain, each represented by a non-fungible token (NFT). These collections can range from digital art and music to virtual real estate and beyond, each item within the collection having distinct characteristics that make it unique. Understanding NFT Collections NFT Collections are...
NFT Crash
An NFT Crash, or non-fungible token crash, refers to a drastic decrease in market activity and valuation of non-fungible tokens (NFTs), digital assets stored on blockchain databases that represent unique items or content. An NFT crash depicts a market scenario where the interest, sales volume, and prices of NFTs decline significantly. Background of NFTs and...
NFT Creator
NFT Creator is an essential term in the dynamic landscape of today's digital art market. It refers to an individual or entity that creates and mints Non-Fungible Tokens (NFTs), unique digital assets stored on a blockchain. 2021 has witnessed the ascension of NFTs into mainstream consciousness, courtesy of record-breaking art sales most notably Beeple's 'Everydays:...
NFT Drops
NFT drops are scheduled releases of non-fungible tokens. These unique tokens, powered by blockchain technology, represent ownership of exclusive digital goods - may it be art, music, in-game items, etc. Businesses and individual artists alike have adopted NFTs, influencing various sectors of the market. NFT drops create anticipation and excitement, akin to a product launch...
NFT Erstellen
NFT, or Non-Fungible Token, represents a unique digital asset that is stored on a blockchain and cannot be replaced. As technology and digital economies evolve, these tokens are gaining popularity, particularly in the field of digital art and collectibles. Creating your own NFT, or "NFT erstellen," as referred to in German, has become a notable...
NFT Farming
NFT Farming refers to the process where users stake or lock up their non-fungible tokens (NFTs) or cryptocurrencies in a decentralized platform to earn rewards, often in the form of additional NFTs or digital tokens. This innovative practice combines elements of DeFi (Decentralized Finance) and traditional NFT collecting, leveraging the unique attributes of blockchain technology...
NFT Fractionalization Protocols
NFT Fractionalization Protocols refer to the blockchain-based mechanisms that allow multiple parties to own a portion of a Non-Fungible Token (NFT). This process involves breaking down a high-value NFT into smaller, more affordable pieces, represented as fractional tokens that can be bought, sold, and traded independently. Understanding NFT Fractionalization NFT fractionalization democratizes access to high-value...
Explore the MEXC Blog Glossary Archive to deepen your understanding of cryptocurrency and blockchain technology. This comprehensive resource features clear, easy-to-understand definitions of key crypto-related terms, concepts, and industry jargon. Whether you’re a beginner or an experienced trader, the glossary helps you stay informed, make smarter investment decisions, and navigate the fast-evolving crypto landscape with confidence. Start learning today and boost your crypto knowledge with MEXC!
