J.T.Sep 2, 20211 min readThe Nifty DictionaryThe Nifty Dictionary: Diamond HandsDiamond hands is a term for someone who plans to hold onto an NFT long-term. The opposite of paper hands.
J.T.Aug 12, 20211 min readThe Nifty DictionaryThe Nifty Dictionary: Paper HandsPaper hands is a derogatory term for someone who quickly sells an NFT, or sells in a panic when market prices drop. Opposite: Diamond Hands.
J.T.Jul 26, 20211 min readThe Nifty DictionaryThe Nifty Dictionary: One of One (aka 1/1)A 1/1, or one of one, is an NFT that has been issued as a single, unique edition. Generally more valuable than multi-edition pieces.
J.T.May 23, 20212 min readThe Nifty DictionaryThe Nifty Dictionary: Open EditionAn open edition is an NFT for which any number of editions can be minted, in contrast with a limited edition.
J.T.Apr 25, 20211 min readThe Nifty DictionaryThe Nifty Dictionary: DropDropping (slang) means to debut an NFT and make it available for purchase at a certain time, date, & place. A drop refers to such a release.
J.T.Apr 21, 20212 min readThe Nifty DictionaryThe Nifty Dictionary: GasOn the Ethereum network, gas is a fee that must be paid to the network in order to make a transaction.
J.T.Apr 16, 20212 min readThe Nifty DictionaryThe Nifty Dictionary: MintMinting means creating a new NFT. This usually involves uploading the content for hosting as well as creating the token on a blockchain.
J.T.Apr 13, 20212 min readThe Nifty DictionaryThe Nifty Dictionary: NFTNFT stands for Non-Fungible Token, crypto jargon for a unique digital item. Non-fungible simply means that two items are not interchangeable