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NFT Term Glossary

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

Public Key
1 min read

Public Key

Bitcoin and Ethereum both utilize a critical pair consisting of a public key and a private key. The public key allows you to receive crypto transactions paired …

Public Key
Pump
Dec 02, 2025

Pump

The term pump means to purchase large amounts of stock, cryptocurrency, or NFT to inflate its value artificially.

Pump and Dump
Dec 02, 2025

Pump and Dump

The term pump and dump refer to a fraudulent scheme whereby the price of an NFT or crypto asset is artificially inflated …

QR Code
Dec 02, 2025

QR Code

A QR code is a machine-readable barcode that stores data as a series of random-looking pixels in a tiny area. QR codes …

Rarity
Dec 02, 2025

Rarity

Rarity is a factor in the value of both traditional cryptocurrencies and Non-Fungible tokens. Typically, the rarer an …

Recovery Phrase
Dec 02, 2025

Recovery Phrase

A recovery phrase (or seed phrase) is a list of human-readable wordstypically 12 or 24that encodes the master secret for …

Rekt
Dec 02, 2025

Rekt

Rekt is a popular term in the NFT and crypto community and is a play on the word “wrecked”. Getting Rekt on …

Relayer
Dec 02, 2025

Relayer

An entity or person that hosts an off-chain cryptocurrency order book to discover trading counterparties and match up …

Reveal
Dec 02, 2025

Reveal

A “reveal” in the context of Non-Fungible Tokens (NFTs) refers to when the actual image artwork for an NFT …

Right Click Save As
Dec 02, 2025

Right Click Save As

Many people in the NFT space are concerned that their NFT multimedia asset, such as a JPEG, will not be available on the …