NFT Glossary
The vocabulary that decides whether you read a collection's mechanics correctly or guess at them.
| Term | Meaning | Why it matters |
|---|---|---|
| Floor | Cheapest active listing | One seller can move it |
| Sweep | Buying several floor items | Distorts price charts |
| Wash trade | Self-dealing for volume | Fakes demand |
| Reveal | Metadata unlocked after mint | Hidden-trait gambling |
| Royalty | Creator cut on resale | Now optional on many venues |
Terms get reused loosely; the definition here is the practical one.