{"id":12139,"date":"2022-04-21T11:51:27","date_gmt":"2022-04-21T11:51:27","guid":{"rendered":"https:\/\/thebluemanakin.com\/glossary-nft\/"},"modified":"2022-06-17T14:21:54","modified_gmt":"2022-06-17T14:21:54","slug":"glossary-nft","status":"publish","type":"page","link":"https:\/\/thebluemanakin.com\/en\/glossary-nft\/","title":{"rendered":"NFT Glossary"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"12139\" class=\"elementor elementor-12139 elementor-8854\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b729efb elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no\" data-id=\"b729efb\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f702e2c\" data-id=\"f702e2c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0255997 elementor-widget elementor-widget-heading\" data-id=\"0255997\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">NFT Glossary<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d1d5df1 elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no\" data-id=\"d1d5df1\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a4c524e\" data-id=\"a4c524e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cec585d elementor-widget elementor-widget-shortcode\" data-id=\"cec585d\" data-element_type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"container acc_yndb\">\n     <div class=\"panel-group\" id=\"accordion\">\n\t\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tAma<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse1\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse1\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/ama\/\">Ama<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tO ask me anything is a common dynamic in crypto projects in which a user can ask anything about a project.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/ama\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tAsset<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse2\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse2\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/asset\/\">Asset<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tAnother way of referring to a collectible or digital token.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/asset\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tBlockchain<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse3\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse3\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/blockchain\/\">Blockchain<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tThe digital ledger where all transactions with cryptos are made and recorded. A blockchain is a list of records of many blocks of data that are organized in chronological order and are also unalterable.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/blockchain\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tBridge<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse4\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse4\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/bridge\/\">Bridge<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tA blockchain bridge is a connection that allows tokens or different types of data to be transferred between one blockchain and another. The two chains may have different consensus models and protocols, but the bridge provides compatibility to securely interoperate those transfers.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/bridge\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tBurning<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse5\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse5\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/burning\/\">Burning<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tTo remove from circulation any type of token, from NFT to cryptocurrencies. The Burning happens by transferring tokens to a burn address from which they can never be recovered. Burning is often used as a tactic to price a token into circulation.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/burning\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tCat<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse6\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse6\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/cat\/\">Cat<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tStands for Crypto Collectible Asset Token. One of the most popular NFTs in Ethereum is called CryptoKitties.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/cat\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tCollectible<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse7\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse7\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/collectible\/\">Collectible<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tThese are digital assets, especially NFT, valued for their rarity and collectibility. The equivalent of minifigures or card collecting.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/collectible\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tCrypto collectible<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse8\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse8\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/crypto-collectible\/\">Crypto collectible<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tCrypto-collectibles are digital assets or assets that are not tradable, as they represent one-of-a-kind items such as crypto-art or NFT collections.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/crypto-collectible\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tDapps<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse9\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse9\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/dapps\/\">Dapps<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tThis is a decentralized application, running on a blockchain-based computational system. Dapps have grown popular over the last few years thanks to DeFi and the proliferation of blockchain technology and NFTs. A decentralized application must be open source and operate autonomously, stored on a public blockchain.They are used for the execution of smart contracts.<br \/>\nWe are Blue Manakin, the first NFT marketing agency in Latin America and the most reputable in the continent.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/dapps\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tDodgers &#038; Investors<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse10\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse10\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/dodgers-investors\/\">Dodgers &#038; Investors<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tAlthough an obvious term, these are the people engaged in the purchase and exchange of digital collectibles. A secondary resale market is applicable especially for NFT.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/dodgers-investors\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tDrop<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse11\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse11\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/drop\/\">Drop<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tAn event in which a user receives tokens for holding a certain asset class during the launch of an NFT collection or cryptocurrency.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/drop\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tEth<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse12\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse12\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/eth\/\">Eth<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tThe abbreviation for Ethereum, which is the blockchain that stores the largest amount of NFT.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/eth\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tEther<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse13\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse13\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/ether\/\">Ether<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tThe abbreviation for Ethereum, which is the blockchain that stores the largest amount of NFT.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/ether\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tEthereum<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse14\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse14\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/ethereum\/\">Ethereum<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tThis is the most popular blockchain technology today. It underpins not only the coin but most cryptocurrencies in recent years.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/ethereum\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tGas<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse15\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse15\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/gas\/\">Gas<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tThis refers to cryptocurrency transaction fees within a blockchain. Every time you trade an asset such as an NFT or make smart contracts you have to pay gas fees to make it happen. Each blockchain has very different gas fees.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/gas\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tHash<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse16\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse16\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/hash\/\">Hash<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tThis is a function integrated into the proof of work algorithm in which it satisfies the encryption demands needed for the completion of a transaction in a blockchain. They are security methods that make it impossible to hack a blockchain since their length is impossible to guess.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/hash\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tHashrate<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse17\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse17\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/hashrate\/\">Hashrate<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tThis is the computational power or speed at which a computer can process the consensus protocol for a transaction on a blockchain. A high hash rate shows that the security of a network is high, as there is a large volume of miners verifying transactions.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/hashrate\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tKyc<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse18\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse18\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/kyc\/\">Kyc<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tKnow your Customer, are forms used to meet new users or investors of a blockchain project. A security protocol that allows projects to have certainty of the profile of its users.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/kyc\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tNft<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse19\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse19\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/nft\/\">Nft<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tStands for non-fungible token. Originated on a blockchain, because they are NFT, unlike cryptocurrencies, they are pieces that cannot be replaced.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/nft\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tNFT MINTING &#8211; Definition<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse20\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse20\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/minting\/\">NFT MINTING &#8211; Definition<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tMinting is the process of creating a new token.<br \/>\nThere are two different types of minting:<\/p>\n<ul>\n<li>Mint a Token: This is when an asset creator chooses who can create tokens\/NFTs.\n<\/li>\n<li>Burn Minting: The creator gives all NFTs another digital wallet private key so that they are locked forever and no longer destructible or transferable. Minting is the process of creating a new token together.<br \/>\n&nbsp;<\/li>\n<\/ul>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/minting\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tNFT-Wallet<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse21\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse21\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/nft-wallet\/\">NFT-Wallet<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tThe place where a user stores their tokens while not trading with them. There are different wallet operators, but there are also cold storage wallets.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/nft-wallet\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tNuclear NFT<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse22\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse22\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/nuclear-nft\/\">Nuclear NFT<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tThis has nothing to do with the popular collection of nuclear nerds&#8217; NFTs. Nuclear NFTs are very rare collectibles with over 1000 owners. They represent a project in their own right and cannot be traded without the consensus of all owners on the list.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/nuclear-nft\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tPeer to peer<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse23\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse23\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/peer-to-peer\/\">Peer to peer<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tOperations which are performed without going through an intermediary are known as peer to peer or person to person.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/peer-to-peer\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tPermanent Records<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse24\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse24\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/permanent-records\/\">Permanent Records<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tJust as in ethereum, most blockchain permanently stores the record of transactions performed on their blockchains. These logs cannot be deleted and are freely accessible.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/permanent-records\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tPrivate Key<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse25\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse25\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/nft-private-key\/\">Private Key<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tWithout the need to compromise usernames, email addresses or personal data a private key, is the access code to digital property on a blockchain. Each user has a public address and their private key is the access code to control their wallets or assets within the blockchain.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/nft-private-key\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tPublic Key<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse26\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse26\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/nft-public-key\/\">Public Key<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tThis is a cryptographic key that allows people to access their wallet or NFT publicly and also works in complement with private classes to strengthen the security of an address.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/nft-public-key\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tQuantity<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse27\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse27\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/quantity\/\">Quantity<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tThis means how much of a given asset is available.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/quantity\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tRarity<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse28\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse28\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/rarity\/\">Rarity<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tRarity is a very important quality within NFT collections, they are usually classified between legendary or mythical. These are pieces whose characteristics within a collection diverge from the rest by very particular elements.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/rarity\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tRoadmap<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse29\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse29\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/roadmap\/\">Roadmap<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tA guide to crypto or NFT projects, which shows in detail its phases and evolution over time.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/roadmap\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tSeed hash<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse30\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse30\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/seed-hash\/\">Seed hash<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tThis is the value that notes the characteristics of a Hash with respect to another, always random and with the same function.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/seed-hash\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tSmart contract<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse31\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse31\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/smart-contract\/\">Smart contract<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tThese are programs stored in the blockchain that are executed once certain particular conditions are met. They are automated functions that guarantee their fulfillment in the case of buyers or investors and do not require any intermediary for their completion.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/smart-contract\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tSolidity<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse32\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse32\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/solidity\/\">Solidity<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tThis is an NFT-oriented programming language unique to the Ethereum network. It is used to build and design smart contracts on blockchain platforms.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/solidity\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tStaking<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse33\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse33\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/staking\/\">Staking<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tStaking is the process of investing tokens in a network that has a reward for doing so. By blockchaining tokens in a wallet for a set amount of time, the proof of stake blockchain protocol is validated. Also known as staking: Staking is a process in which the more tokens that are blocked, the more likely it is to earn a reward. This is only viable on blockchains that operate with this consensus protocol.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/staking\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tTokens<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse34\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse34\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/tokens\/\">Tokens<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tAny digital asset based or developed on a blockchain.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/tokens\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t<div class=\"panel panel-default\">\n\t\t\t<div class=\"panel-heading\">\n\t\t\t\t<h4 class=\"panel-title\">\n\t\t\t\tWhale<a data-toggle=\"collapse\" data-parent=\"#accordion\" href=\"#collapse35\"><\/a>\t\t\t\t<\/h4>\n\t\t\t<\/div>\n\t\t\t<div id=\"collapse35\" class=\"panel-collapse collapse in\">\t\t\t\t<div class=\"panel-body\">\n\t\t\t\t\t\t\t\t<a class=\"titlink\" href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/whale\/\">Whale<\/a>\t\t\t\t<div class=\"overflow_content\">\n\t\t\t\t\n<p>\t\tPeople who own a large amount of an asset such as currency or NFT and manipulate the cost of the NFT.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t... <a href=\"https:\/\/thebluemanakin.com\/en\/glossary-nft\/whale\/\">Read more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n<\/div> \n<\/div>\n\n<style>\n.overflow_content{\n\theight:75px;\n\toverflow:hidden;\n\tmargin-bottom:15px;\n}\n.panel-body{\npadding-bottom:20px;\n}\n.panel-body h1{\ndisplay:none;\nheight:0px;\noverflow:hidden;\n}\n.acc_yndb .panel-title{\n\tbackground:#f5f5f5;\n\tposition:relative;\n\tpadding:8px 20px;\n\tcolor:#333;\n}\n.acc_yndb .panel-title:hover{\n\tbackground:#0045FF;\n\tcolor:white;\n}\n.acc_yndb .panel-title a{\n\tposition:absolute;\n\ttop:0px;\n\twidth:100%;\n\theight:100%;\n\tdisplay:block;\n\t\n}\n.acc_yndb .panel-title a:hover{\n\tcolor:white;\n}\n<\/style>\n\n\n\n\t\t<div class=\"elementor-shortcode\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>NFT Glossary<\/p>\n","protected":false},"author":6,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"content-type":"","telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"ep_exclude_from_search":false,"footnotes":""},"class_list":["post-12139","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - 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