Select Language

Bahasa Indonesia

แบบไทย

Foundations: Tokens / Nft

What Are NFTs?NFTs matter because they let blockchains represent *specific* digital items rather than interchangeable balances

What Are NFTs?NFTs matter because they let blockchains represent *specific* digital items rather than interchangeable balances. The hard part is not the picture or the buzzword, but the ownership model: how a network names a unique asset, transfers it safely, and gives wallets and marketplaces a common way to understand it.Mar 21, 202622 min read

What is a Soulbound Token?Soulbound tokens try to use blockchains for something ordinary tokens are bad at: representing facts about a person or account that should not be sold away

What is a Soulbound Token?Soulbound tokens try to use blockchains for something ordinary tokens are bad at: representing facts about a person or account that should not be sold away. The idea is simple, but making \"non-transferable\" credentials actually work raises deep questions about identity, privacy, recovery, and what wallets really prove.Mar 21, 202623 min read

What Are NFT Royalties?NFT royalties try to do something unusual in digital markets: keep paying creators after the first sale

What Are NFT Royalties?NFT royalties try to do something unusual in digital markets: keep paying creators after the first sale. The interesting part is not the idea itself, but why it is so hard to make that idea reliable on blockchains built around token transfers rather than native notions of “sale.”Mar 21, 202623 min read

What is NFT Metadata?NFT metadata is the layer that turns a bare token ID into something a wallet or marketplace can understand: a name, image, traits, media links, and other context

What is NFT Metadata?NFT metadata is the layer that turns a bare token ID into something a wallet or marketplace can understand: a name, image, traits, media links, and other context. It is also where many of the most important NFT trade-offs live, including mutability, storage durability, and the gap between what is on-chain and what users actually see.Mar 21, 202622 min read

What is On-Chain Art?On-chain art is unusual because the artwork is not just associated with a token — the work itself, or the code that generates it, lives in blockchain data

What is On-Chain Art?On-chain art is unusual because the artwork is not just associated with a token — the work itself, or the code that generates it, lives in blockchain data. That design changes what collectors actually own: less a pointer to media on a server, more a verifiable recipe or artifact that can be reconstructed from the chain itself.Mar 21, 202624 min read

What is a Dynamic NFT?Dynamic NFTs keep the core idea of an NFT — a stable on-chain identity — while allowing the token’s visible state to change over time

What is a Dynamic NFT?Dynamic NFTs keep the core idea of an NFT — a stable on-chain identity — while allowing the token’s visible state to change over time. That sounds simple, but it raises deeper questions about where the changing data lives, who controls it, and how wallets and marketplaces know when to refresh it.Mar 21, 202623 min read

What is Floor Price?Floor price looks simple: just the cheapest NFT in a collection

What is Floor Price?Floor price looks simple: just the cheapest NFT in a collection. But that apparent simplicity hides hard questions about what counts as a collection, which marketplaces to include, how to handle illiquid listings, and when the number is being manipulated rather than discovered.Mar 21, 202623 min read

What Are Compressed NFTs?Compressed NFTs make a strange trade: they stop giving every NFT its own full on-chain account

What Are Compressed NFTs?Compressed NFTs make a strange trade: they stop giving every NFT its own full on-chain account. Instead, they anchor many NFTs inside a Merkle tree, keeping verification on-chain while pushing most detailed data into transaction history and indexed data services. That trade is why mass-scale NFT minting becomes economically possible.Mar 21, 202624 min read