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NFT Glossary & Term Sheet
NFTs (Non-Fungible Tokens)

NFT Glossary & Term Sheet

A glossary and term sheet that explains the vocabulary used around NFTs in plain language, from minting, gas fees and smart contracts to floor prices, royalties and metadata. It suits beginners who keep meeting unfamiliar NFT terms and want a clear, reliable reference to check them quickly.

Levels
4
Starting from
185 credits
Category
NFTs (Non-Fungible Tokens)
Choose a level

About this material

Conversations about NFTs are full of specialised vocabulary, and it is hard to follow a marketplace listing or project announcement without knowing what the terms mean. This glossary gathers the words you are most likely to meet and explains each one in a sentence or two of plain English. Entries are grouped by theme: the technology behind NFTs, such as token standards, smart contracts and metadata; the process of creating and buying them, including minting, gas fees and wallets; and the market language, such as floor price, royalties, rarity and airdrops. Related terms are cross-referenced so you can see how the ideas connect. A compact term sheet at the end summarises the most common words on one page for quick checks. Use the glossary while reading the other NFT materials, or whenever a new term appears. It is an educational reference and does not recommend any project or purchase.
Each level is unlocked separately

Choose a level

Compare the levels below and add the one that suits you to your cart

01
Level 1

Beginner

185 credits

What this level includes

  • Covered in this level

    You will cover everyday NFT vocabulary such as token, minting, wallet address, gas fee, marketplace, listing, collection and royalty, with short definitions and simple examples that show how each term is used when people talk about buying, holding or creating NFTs.

  • Suited to

    This level is for complete beginners who keep meeting unfamiliar words when reading about NFTs. It introduces the most common terms in plain language, so that articles, marketplace pages and wallet messages start to make sense instead of feeling confusing.

  • What you will be able to apply

    After working through this level, you will be able to recognise and explain the core NFT terms, look up an unfamiliar word in the term sheet quickly, and read a basic marketplace listing without guessing what the key labels mean.

02
Level 2

Intermediate

385 credits

What this level includes

  • Covered in this level

    You will study terms such as smart contract, token standard, metadata, floor price, trading volume, lazy minting, whitelist and airdrop, looking at how each term affects what you see on a marketplace and the questions it raises for buyers and creators.

  • Suited to

    This level suits learners who know the basic vocabulary and now want to understand the terms that appear in more detailed discussions. It connects related words together, so you can see how technical, trading and creative terms fit into the same picture.

  • What you will be able to apply

    You will be able to follow more detailed NFT articles and project announcements, explain how related terms connect to one another, and notice when a term is being used loosely or in a way that could mislead a reader who is less familiar with it.

03
Level 3

Advanced

685 credits

What this level includes

  • Covered in this level

    You will explore terms such as on-chain and off-chain storage, token URI, provenance, royalty enforcement, burn, reveal mechanics and licence terms, comparing how different projects use the same word and what that means for what a holder actually owns.

  • Suited to

    This level is for learners who read technical documents, project roadmaps or contract information and need precise vocabulary. It focuses on terms where a small misunderstanding can lead to a poor decision, particularly around ownership, rights and on-chain data.

  • What you will be able to apply

    You will be able to read project documentation critically, separate precise technical meanings from marketing language, and ask sharper questions about storage, rights and royalties before forming a view on any NFT project you come across.

04
Level 4

Expert

985 credits

What this level includes

  • Covered in this level

    You will review how to organise the term sheet by theme, track terms whose meanings differ between blockchains or communities, write clear definitions for others, flag outdated usage and link vocabulary to the wider topics of rights, security and market behaviour.

  • Suited to

    This level is for experienced readers who explain NFTs to others or maintain their own reference material. It brings the whole vocabulary together, looking at how terms are changing and how to keep definitions accurate as the space develops.

  • What you will be able to apply

    You will be able to maintain and extend your own NFT glossary, explain difficult terms clearly to newcomers, and judge when a definition needs updating, keeping your reference reliable as tools, standards and common usage change over time.

Levels are unlocked with credits from your balance. You can add more credits at any time.