NFTs 101

NFT is an acronym for non-fungible token. Although these three letters changed the concept of digital ownership for many, they continue to cause confusion and frustration for others.

Learn more about the different way to buy an NFT, as well as the advantages and disadvantages of each option, with this complete guide.

NFT rarity rankings are a metric that quantifies the uniqueness of a non-fungible token’s (NFT’s) traits as compared to other NFTs within the same collection.

Gas fee is a commonly used term for the cost that certain blockchain protocol users pay to network validators each time they wish to perform a function on the blockchain.

0N1 Force is an NFT collection of generative art featuring 7,777 anime-inspired, hand-drawn side portraits.

Bored Ape Kennel Club is a collection of 9,602 cartoon dog NFTs, each a part of Yuga Labs’ broader Bored Ape Yacht Club universe.

Bored Ape Yacht Club (BAYC) is an Ethereum-based NFT project created by Yuga Labs that has taken both the NFT and art market by storm.

Cool Cats are a collection of 9,999 randomly generated non-fungible tokens depicting a blue cartoon cat.

CryptoKitties are non-fungible tokens representing digital cats, each with a unique set of characteristics.

CrypToadz is a collection of 6,969 amphibious NFT creatures inspired by the rich history of the NFT space.

Doodles are a colorful NFT collection of cartoonish figures with unique features and colorful backgrounds.

CryptoPunks are Ethereum-based NFTs created by Larva Labs in 2017, making them some of the earliest examples of crypto collectibles.

Lazy Lions is a set of 10,000 unique NFTs that exist on the Ethereum blockchain.

Loot, also known as Loot (for Adventurers), is a collection of text-based non-fungible tokens (NFTs) representing items that can be used in fantasy games created by token holders.

Meebits are a collection of 20,000 3D-voxel characters represented as NFTs which can be traded, animated and used as metaverse avatars.

The MekaVerse is a collection of algorithmic art robot NFTs that take inspiration from the tradition of Japanese mecha stories.

Mutant Ape Yacht Club (MAYC) is an extension of the popular Bored Ape Yacht Club (BAYC) NFT collection.

NFT Worlds is a metaverse gaming project inspired by the massive open worlds of Minecraft.

SlimHoods are a set of 5,000 hoodie-wearing characters represented as NFTs on the Ethereum blockchain.

The Humanoids is an NFT Collection of 3D robotic characters with a resemblance to CryptoPunks, one of the most successful NFT projects of all time. 

World of Women is an NFT collection featuring 10,000 digital artworks of women from diverse backgrounds.

For the uninitiated or crypto-curious people out there, non-fungible tokens (NFTs) represent one of the more colorful sectors of the cryptocurrency industry.

For centuries, people have collected things. Some of these things may be nostalgic items like ticket stubs or lucky coins. Others might be especially rare items, like classic cars or limited-edition vintage watches.

Depending on the NFT project, there can be both direct and indirect benefits to becoming a member of the NFT community. Providing an accessible space for collectors to share their interest and excitement in a project is an element that most people enjoy and seek out.