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
Before many NFT mints, the project publishes a whitelist — also called an allowlist — a list of wallet addresses pre-approved to mint. Being on it usually
Browse any marketplace and two broad kinds of NFT dominate: profile-picture collections — the cartoon avatars that made NFTs famous — and NFTs that do
When you buy an NFT, what lands in your wallet is not a picture — it is a token that points to information. That information is the metadata: the name,
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
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
One of the biggest beginner questions in NFTs is: is it better to mint NFTs or buy them on the secondary market? For the early-access side of minting, see NFT
What are gas fees in NFTs and why do they matter? Learn how NFT gas fees work, when you pay them, and practical ways beginners can reduce gas costs.
What are NFT royalties and who gets paid? Learn how NFT royalties work, how much buyers pay, where fees go, and how royalties affect resale value.
When you buy an NFT, what do you really own? Learn how NFT ownership works, what rights you get, what you don’t, and common beginner misunderstandings.