What are the terms one to know before joining NFT marketplace?
Posted: 21 Oct 2022, 06:39
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/
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/