Top 10 NFT Terms That You Must Know! | NFTs For Newbies | Jeffery Banek
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A Non-fungible token is a unique and non-interchangeable unit of data stored on a digital ledger. NFTs can be used to represent easily reproducible items such as photos, videos, audio, and other types of digital files as unique items, and use blockchain technology to establish a verified and public proof of ownership.
The world of NFTs is fascinating and chaotic at the same time, so if you're a newbie in this domain then you need to get familiar with certain keywords or you may say the terminologies of The NFT world, which are very well described in this video.
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00:00 -- Introduction
00:33 -- F.O.M.O
01:24 -- F.U.D
02:18 -- AIRDROP
03:23 -- PUMP AND DUMP & RUG PULL
06:12 -- PRIVATE KEY/ SEED PHRASE
07:58 -- DIGITAL WALLET
08:50 -- MINTING
13:48 -- FLOOR PRICE
17:00 -- ROADMAP
18:56 -- GAS FEE
21:00 -- THE SUMMARY
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