Skip to content

NFT Term Glossary

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

Utility Token
1 min read

Utility Token

The term cryptocurrency is typically used as a broad general term to cover different types of virtual assets. Two of the most common cryptocurrencies are crypto …

Utility Token
Validator
Dec 02, 2025

Validator

On a Proof of Stake (PoS) blockchain, a validator is a person that stakes that blockchain’s native currency or …

Validity Proof
Dec 02, 2025

Validity Proof

One way to scale Ethereum is to move transactions from Mainnet Layer 1 to secondary chains called Layer 2 chains. There …

Vampirism
Dec 02, 2025

Vampirism

In Decentralized Finance (DeFi) there are many platforms and protocols competing for users and staked capital. One …

Vault
Dec 02, 2025

Vault

A vault is a type of smart contract which holds escrowed funds and provides additional layers of security beyond a …

Vertical Scaling
Dec 02, 2025

Vertical Scaling

In cryptocurrency blockchains, the term “vertical scaling” refers to expanding the network’s capacity …

Volatility
Dec 02, 2025

Volatility

Volatility is a statistical measure of fluctuations in the price of a given asset or broad market index over time. …

WAGMI
Dec 02, 2025

WAGMI

A fun acronym that stands for “We Are All Gonna Make It”. WAGMI is about remaining positive while investing …

Wallet
Dec 02, 2025

Wallet

A cryptocurrency wallet is a software application or a purpose-built piece of hardware used to manage your blockchain …

Wallet Address
Dec 02, 2025

Wallet Address

Your cryptocurrency wallet address is the specific address on a blockchain that you own and control via passwords and …