NFTs and Digital Collectibles
Allowlist Mint
Allowlist Mint is a mint restricted to approved addresses, sometimes farmed or phished.
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NFTs and Digital Collectibles Terms
NFT minting, marketplaces, metadata, and giveaway risks — ownership of a token is not ownership of every right.
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30 published definitions in this topic.
NFTs and Digital Collectibles
Burn NFT
Burn NFT is destroying an NFT, sometimes for redemption into another asset.
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Dutch Auction Mint
Dutch Auction Mint is a mint price that declines over time until inventory sells.
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Dynamic NFT
Dynamic NFT is an NFT whose metadata can change based on external conditions.
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Floor Price
Floor Price is the lowest listing price in a collection; easily manipulated and not intrinsic value.
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Fractional NFT
Fractional NFT is splitting NFT ownership into fungible shares with governance and liquidity risks.
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IPFS URI
IPFS URI is a content address sometimes used for NFT media; availability and permanence vary.
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Lazy Minting
Lazy Minting is creating NFT records when first purchased rather than pre-minting everything.
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Marketplace Fee
Marketplace Fee is platform fees on NFT trades separate from gas and royalties.
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NFT Airdrop Scam
NFT Airdrop Scam is unsolicited NFT drops that lure victims into malicious claim sites.
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NFT Collection
NFT Collection is a group of NFTs from the same contract or brand identity.
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NFT Escrow
NFT Escrow is temporary holding of an NFT during a marketplace trade.
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NFT Lending
NFT Lending is borrowing against NFT collateral with liquidation and oracle risks.
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NFT Marketplace
NFT Marketplace is a platform for listing and trading NFTs with escrow or protocol-specific rules.
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NFT Metadata
NFT Metadata is name, image, and attributes that may be stored on-chain or on mutable off-chain URLs.
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NFT Mint
NFT Mint is creating a new NFT, often via a minting website that can be malicious.
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NFT Phishing
NFT Phishing is fake mints, airdrops, or marketplaces designed to steal NFTs or approvals.
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NFT Royalty
NFT Royalty is a creator fee on secondary sales that marketplaces may or may not enforce.
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Non-Fungible Token
Non-Fungible Token is a unique token representing a distinct item or id rather than interchangeable units.
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Off-Chain NFT Art
Off-Chain NFT Art is artwork referenced by URL or IPFS that can break or change if not pinned.
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On-Chain NFT Art
On-Chain NFT Art is artwork stored fully in contract data rather than external URLs.
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Operator Approval
Operator Approval is granting a marketplace operator rights that can transfer your NFTs.
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PFP NFT
PFP NFT is profile-picture style collectible NFTs commonly traded in cycles.
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Public Mint
Public Mint is an open mint phase anyone can join by paying mint price and gas.
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Reveal Mechanism
Reveal Mechanism is delaying metadata reveal after mint; can be used honestly or for bait-and-switch.
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Soulbound NFT
Soulbound NFT is a non-transferable NFT used for badges or credentials.
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Stolen NFT
Stolen NFT is an NFT transferred after theft or phishing; marketplaces may flag but recovery is uncertain.
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Trait Rarity
Trait Rarity is how uncommon an NFT attribute is within a collection — a market narrative, not a guarantee.
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Utility NFT Claim
Utility NFT Claim is marketing that an NFT unlocks benefits; delivery is not guaranteed by the token alone.
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Wash Trading
Wash Trading is trading with yourself or colluders to fake volume or floor activity.
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