UpdatedNFT Terms Glossary for Beginners6 min
NFT content throws a lot of jargon at beginners — much of it borrowed from crypto generally, some of it unique to collectibles, and a few terms that mean
What NFTs actually are, what you own when you buy one, and what the fees, royalties and risks really mean. Start here.
NFT content throws a lot of jargon at beginners — much of it borrowed from crypto generally, some of it unique to collectibles, and a few terms that mean
If you buy, sell or create NFTs in Australia, the tax side can feel murky — and it genuinely is, because there is no single "NFT tax rule". The Australian
Minting an NFT means creating it on the blockchain yourself — usually directly from the project that made it — rather than buying one somebody else already
Yes — anyone can screenshot or right-click-save an NFT's image. What they can't screenshot is the token: the on-chain record that says who owns it.
Yes — sometimes. Buying an NFT no longer always means setting up a crypto wallet and buying cryptocurrency first. Some platforms now let you pay by card, and
If you have searched “are NFTs dead”, you have probably noticed the answers contradict each other. One camp says NFTs were a fad that ended in 2022; the other