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About BIBIBI Daily Digest Privacy & Account Security

For information and learning only. Not investment advice. Crypto assets involve risk.

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Glossary

Terms17 shown

BEP-1155A multi-token standard for BNB Smart Chain that can manage fungible tokens and NFT in a single smart contract.
BEP-721Defines the standard for BNB creating and using non-fungible tokens (NFT) on Chain.
NFTRepresents a non-fungible token for a unique digital asset and can be used to represent ownership of the digital asset.
NFT Mystery BoxesA digital collectible whose contents are unknown before opening and that randomly contains several NFT Mystery Boxes NFT internally.
NFT Floor priceRefers to a NFT collection’s work with the lowest current price, which can be used to understand the minimum amount required to purchase one item from that NFT collection.
Non-Fungible Token (NFT)A type of crypto token that represents unique digital assets or real-world assets and is not interchangeable with another.
Non-fungible tokens (NFTs)A unique digital token representing ownership of a specific project, which may correspond to digital artwork, collectibles, or in-game assets.
OthersideDeveloped by Yuga Labs's metaverse platform,BAYC and MAYC holders can use NFT as an identity marker.
SRC-721Standards that reduce file sizes and lower detailed NFT creation costs through methods such as layered image storage and indexed color palettes.
non-fungible token (NFT)Each token has unique metadata, provenance, or characteristics and therefore cannot be assumed to be exchanged on a one-to-one basis for another token.
non-fungible tokens (NFTs)Unique tokens, where each token cannot be directly exchanged for another token.
Token approvalAllow the application to access tokens within the authorized scope or NFT operations.
Traditional NFTTokens typically minted on smart contract-enabled blockchains to represent digital items and potentially link to off-chain metadata.
Mutant Ape Yacht Club (MAYC)By Yuga Labs in 2021 launched in, comprising 20,000 items NFT digital collectibles, is an extension of the BAYC ecosystem.
Mutant SerumA token airdropped to select BAYC holders, which can be used to generate additional Mutant Apes from existing Bored Apes NFT.
InscriptionThe process of attaching additional data to a single satoshi, causing it to form something resembling NFT a digital asset.
Non-Fungible Token (NFT)Used to represent crypto tokens for unique digital or real-world assets that are not equivalent or interchangeable with one another.

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Definition

Inscription

The process of attaching additional data to a single satoshi, causing it to form something resembling NFT a digital asset.

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