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NFT Term

Drop

Definition of Drop from the NFTguild.com glossary.

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A Drop refers to when an NFT or crypto project’s tokens are released. Both cryptocurrency tokens and Non-Fungible Token drops can happen in different ways. NFT drops are most commonly occur when a single NFT or entire NFT collection is minted to a blockchain or executed through an NFT Dapp or marketplace like OpenSea. Additionally, NFTs & project tokens can be made available to crypto projects stakeholders using social media, discord, and telegram communities.