An NFT (non-fungible token) is a unique digital item stored on a blockchain. NFTs can represent almost anything, and serve as a digital record of ownership.
A music NFT is a unique, digital certificate of ownership that uses blockchain technology to verify and secure ownership of a piece of music or music-related content.
An art NFT is a piece of art that is minted onto a blockchain, therefore becoming a non-fungible token (or NFT). Art NFTs can be physical pieces of artwork that are digitized, or they can be natively created using digital tools.
A gaming NFT is an NFT associated with any digital item from the realm of online gaming and the metaverse: in-game items, characters, skins, customizations, maps, modes, tickets, collectibles–any digital creation that one would use in a gaming environment.
A photography NFT (non-fungible token) is a digital item that represents a digital photograph or moving image. Photography NFTs are typically created and sold by photographers or visual artists as a way to distribute their work in a digital format. NFTs are stored on a blockchain, which is a decentralized, distributed ledger that allows for the creation, verification, and transfer of digital items.
Non-Fungible Tokens (NFTs) are unique, digital items with blockchain-managed ownership. Examples of NFTs include digital art, collectibles, virtual reality items, crypto domain names, ownership records for physical assets, and more. For further information on NFTs and how we got here, read our CEO’s ever-popular overview.
A blockchain is a digitally distributed ledger that facilitates the process of recording transactions and information across a network. You can think of it as a decentralized or distributed database. CrestNFT supports a number of blockchains.
A collection is a body of work, like a store or gallery. If you see someone refer to an CrestNFT collection as a store or gallery, don’t get confused – it’s all the same. We use the term collection to keep things simple.
A crypto wallet is an application or hardware device that allows individuals to store and retrieve digital items, like cryptocurrency and NFTs.
A blockchain-integrated website that requires you to connect and approve all transactions with your wallet signature.
Ethereum is a blockchain, and ETH is the currency used to make transactions on the Ethereum blockchain.
Floor price is the lowest price for collection items, rather than the average item price, and is updated in real time.
Think of gas fees as Ethereum blockchain transaction costs. CrestNFT has no say in setting gas fees – they are determined by supply and demand across the network (blockchain).
Smart contracts are decentralized code that run on blockchains. dApps are powered by smart contracts - buying and selling NFTs using CrestNFT utilizes the Seaport smart contract protocol.
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