πGlossary
Descriptions of important terms related to our platform and to the NFT space more broadly.
Last updated
Descriptions of important terms related to our platform and to the NFT space more broadly.
Last updated
Term | Definition |
---|---|
Non Fungible Token
Blockchain Transaction Fees
Digital storage used to interact with the blockchain. Wallets are used to connect to dApps and store/collect digital assets
A website built to enable the resale of digital assets
A program coded to execute transactions between a variety of digital assets
A redeemable NFT that can be reserved for specific users. Commonly used as a reward
A list of wallet addresses that are granted priority access to your project launch.
a widely adopted format to configure smart contracts in a way that allows them to be easily recognized across a variety of decentralized applications
ERC-721(A)
The standard traditionally used within the NFT space. This standard mints a unique token at a specified price, which is what makes them non-fungible.
ERC-721T
A standard developed by RareCircles allowing to merchants to offer tiered pricing (NFTs at different prices) within the same smart contract.
Gallery Mint
A minting flow offering a browsing user experience (similar to traditional e-commerce)
Random Mint
A minting flow offering NFTs at the same fixed price but each carries unique metadata and artwork revealed post purchase.