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NFT Term Glossary

Canonical definitions for NFT and crypto terms, each as its own glossary entry for fast internal linking.

Drop
1 min read

Drop

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 …

Drop
Dump
Dec 02, 2025

Dump

Many assets including stocks, cryptocurrencies, and NFTs fluctuate in value based on market changes. A price dump refers …

DYOR
Dec 02, 2025

DYOR

DYOR is a popular acronym in NFT investing which stands for “Do Your Own Research”. With 1000s of cryptos …

EIP-1559
Dec 02, 2025

EIP-1559

Ethereum Improvement Proposal 1559 (EIP-1559) is commonly referred to as the London Fork. This EIP serves to split …

Encryption
Dec 02, 2025

Encryption

Many different mathematical methods and schemes are used to process data to enable private communication and protect …

ENS (.eth)
Dec 02, 2025

ENS (.eth)

The Ethereum Name Service (ENS) is a protocol that enables human-friendly, easily remembered words and names to be …

Enterprise Ethereum Alliance (EEA)
Dec 02, 2025

Enterprise Ethereum Alliance (EEA)

The Enterprise Ethereum Alliance (EEA) is a member-led industry organization of core Ethereum developers, tech startups, …

Entropy
Dec 02, 2025

Entropy

Within the context of cryptography and blockchain technology, entropy is a measure of data randomness whereby higher …

EOA
Dec 02, 2025

EOA

An Externally Owned Account (EOA) on the Ethereum blockchain consists of a public address and a private key. Ethereum …