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NFT Term

Bricked Funds

Definition of Bricked Funds from the NFTguild.com glossary.

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“Bricked” funds are crypto assets that can no longer be moved, spent, or recovered because they are locked in an address or smart contract that no longer has a usable key or withdrawal method. This can happen, for example, when tokens are sent to a contract with no withdrawal function, to an address with no known private key, or when a critical bug permanently locks balances.

Bricked funds effectively reduce the circulating supply of the affected token and are generally considered irretrievable.