Minting, in regards to NFTs, is the process of taking a digital asset and converting the digital file into a digital asset stored on the blockchain . Making it officially a commodity that can be bought and sold.
Read moreWhat is NFT white paper?
Non-fungible tokens (NFTs) are unique, and thus not interchangeable. A digital art piece that you created, an ownership certificate of a car, or a character in a game are examples of non-fungible assets—they are unique and not directly interchangeable.
Read moreWhat does it mean to be whitelisted in crypto?
In regards to withdrawal addresses, whitelist refers to a list of cryptocurrency addresses that users define as trustworthy . In that case, they would only be able to withdraw funds from their exchange account to the addresses that were previously whitelisted.
Read moreWhat does it mean when an NFT mints?
In simple terms, Minting an NFT refers to converting digital files into crypto collections or digital assets stored on the blockchain . The digital items or files will be stored in a decentralized database or distributed ledger and cannot be edited, modified, or deleted.
Read moreWhat is Wagmi crypto?
#WAGMI stands for ‘We are all gonna make it ‘. The acronym is widely used by the crypto community to build confidence, and encourage the community to not lose hope.
Read moreWhat does PAMP it mean in crypto?
Launched on 31/05/2020, Pamp Network (PAMP) claims to be the world’s first price-reactive cryptocurrency. Holders are rewarded when the price increases and sellers are penalized when it does not. The token adjusts its inflation rate based on market activity.
Read moreWhat does GM in crypto mean?
The acronym “GM” typically stands for “Good Morning .” GM Wagmi is a project that takes inspiration from this greeting, having created a whole new token to spread positivity and make the crypto space a better place. It’s one of the newest ways for members of the crypto community to greet each other.
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