Skip to content

NFT Term Glossary

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

Looks Rare
1 min read

Looks Rare

In the Non-Fungible Token (NFT) community, rarity is a key component to valuing NFT crypto art. The saying “looks rare” is often said in a fun way …

Looks Rare
Mainnet
Dec 02, 2025

Mainnet

The primary production blockchain is where actual network transactions and validations occur. This term is often used in …

Market Cap
Dec 02, 2025

Market Cap

A shortened version of the term Market Capitalization, the term market cap refers to the total dollar value of a …

Meatspace
Dec 02, 2025

Meatspace

Meatspace is a cyberpunk term that started getting used in the 1990s to refer to the IRL (In Real Life) reality in which …

Meme
Dec 02, 2025

Meme

A unit of cultural information is spread and transmitted by repetition, replication, and imitation. Meme transmission …

Memecoin
Dec 02, 2025

Memecoin

A cryptocurrency token based on a popular internet or cultural meme. For example, the Ethereum ERC-20 token Shiba Inu …

Merkle Tree
Dec 02, 2025

Merkle Tree

A Merkle Tree is a mathematical data structure used in computer science and blockchain applications. The Bitcoin (BTC) …

Metadata
Dec 02, 2025

Metadata

In data science, metadata is defined as “data about data”. In crypto art and NFTs, metadata refers to …

Metamask
Dec 02, 2025

Metamask

Metamask is one of the world’s most popular cryptocurrency wallets, available as both a mobile app and browser …

Metaverse
Dec 02, 2025

Metaverse

The term Metaverse was originally coined by science fiction writer Neal Stephenson in his 1992 book Snow Crash. The …