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NFT Term Glossary

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

HD Wallet
1 min read

HD Wallet

A hierarchical deterministic (HD) wallet is a digital cryptocurrency wallet utilized to safely store the digital encryption keys for owners and holders of …

HD Wallet
HODL
Dec 02, 2025

HODL

This term means to hold on to your cryptocurrency, NFTs, and digital assets at all costs including FUD and market …

Honey Pot
Dec 02, 2025

Honey Pot

A type of cryptocurrency scam that attempts to lure NFT and cryptocurrency traders into smart contracts which have flaws …

Hot Wallet
Dec 02, 2025

Hot Wallet

A hot wallet is a cryptocurrency wallet that is connected to the internetsuch as a browser extension, mobile app, or …

Hot Wallet / Hot Storage
Dec 02, 2025

Hot Wallet / Hot Storage

A wallet that is directly connected to the internet at all times, for example, one that is held on a centralized …

Hyperledger
Dec 02, 2025

Hyperledger

HyperLedger is a collection of open-source blockchain and distributed ledger tools which allow large enterprises to …

ICO (Initial Coin Offering)
Dec 02, 2025

ICO (Initial Coin Offering)

ICO stands for “Initial Coin Offering” and occurs when a new crypto project sells its tokens for upfront …

IDO (Initial DeFi Offering)
Dec 02, 2025

IDO (Initial DeFi Offering)

An Initial DeFi Offering (IDO) is a decentralized and permissionless crowdfunding method of setting the exchange rate …

Illiquid
Dec 02, 2025

Illiquid

Liquidity refers to buying and selling activity for a particular asset. When a market is illiquid, it means there are …

Immutability
Dec 02, 2025

Immutability

Immutability refers to a state or condition which is fixed, permanent, and unchangeable. The inability of blockchain …