what is NFT?
a token that is unique rather than interchangeable, often used for digital art or collectibles.
a single approval (setApprovalForAll) can let someone move every NFT you hold in a collection. on some exchanges, a liquidity position is also an NFT.
related words
- gas the network fee paid to have a transaction processed on a blockchain.
- stablecoin a token designed to keep a steady price, usually tied to a major currency such as the dollar.
- EVM chain ethereum and other blockchains that work the same way.
part of the topic whitepapers: free articles, more words and the guide.
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