What is a NFT?

NFTs are unique digital items represented on a blockchain, with the acronym standing for "Non-Fungible Token." Virtual collectibles, video game items, and digital art can all be NFTs, which allows for true ownership of the digital asset. - Imagine you got a rare sword in a video game and only 10 copies of it exist. If this was a traditional game, then you don't really own it and could have your account banned for trying to sell it. But if it's an NFT, then you can freely sell it and even prove that your specific sword was the one previously owned by a famous player.

https://twitter.com/MishadaVinci/status/1515673102566318082

Address:

A place where cryptocurrency can be sent to and from, in the form of a string of letters and numbers.

Airdrop:

A marketing campaign that distributes a specific cryptocurrency or token to an audience.

Allocation:

Allocation is the allotment of equity or tokens that may be earned, bought, or reserved for a specific team, group, investor, institution, or another similar entity.

Annual Percentage Yield (APY):

Annual percentage yield (APY) is the rate of return gained over the course of a year on a specific investment. Compounding interest, which is computed on a regular basis and applied to the amount.

Authentication:

Authentication is a process that confirms a user's identity using passwords, SMS codes, fingerprints, and other forms of ownership proofs before granting access to sensitive and/or personal information.

Beta:

A software pre-release stage where its access is offered to a set number of users & third-party software testers for testing it under real-world settings.