What are the terms one to know before joining NFT marketplace?

Section for collectors of NFT art.
Post Reply
User avatar
martinnura
Posts: 86
Joined: 02 Aug 2022, 08:45

What are the terms one to know before joining NFT marketplace?

NFTs are rising steadily, and traders are inclined to converse in their own language or terms. Some popular terms in the marketplace are
Airdrop: the term refers to sending an NFT or NFTs to someone’s wallet without any charge.
Shilling: The term refers to promoting, advertising, and marketing an NFT.
Minting: It is adding an NFT to blockchain and making it available to the public
Gas fee: refers to the payment made by the users as compensation for computational used to execute transactions.
Delist: to make an NFT unavailable in the market.

Visit https://www.jump.trade/
Post Reply

Return to “NFT Collectors”