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NFT Term Glossary

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

Web 1.0
1 min read

Web 1.0

Web 1.0 refers to the early days of the internet between the dates of 1989-2005. During this period of time, the internet was a new technology for most people. …

Web 1.0
Web 2.0
Dec 02, 2025

Web 2.0

Web 2.0 is sometimes called the “read-write web” and refers to the 2nd generation of the world wide web. The …

Web 3.0
Dec 02, 2025

Web 3.0

Web 3.0 refers to the third generation of the web with a focus on decentralized public ledger blockchains, …

Wen
Dec 02, 2025

Wen

Wen is a slang term for the word “when” and is often used by NFT and crypto enthusiasts and investors. Wen …

WETH/wETH
Dec 02, 2025

WETH/wETH

Wrapped Ethereum (WETH) is the Ethereum blockchain’s main token (Ether) converted into the Ethereum ERC-20 format …

Whale
Dec 02, 2025

Whale

A crypto “whale” is a person or entity that holds large amounts of cryptocurrency. Crypto whales are …

Whitelist
Dec 02, 2025

Whitelist

A whitelist in the world of Non-Fungible Tokens (NFTs) refers to a list of people that have been chosen for early or …

Whitepaper
Dec 02, 2025

Whitepaper

A cryptocurrency or Non-Fungible Token (NFT) whitepaper refers to a technical document that provides in-depth …

Yield Farming
Dec 02, 2025

Yield Farming

In the world of Decentralized Finance (DeFi) Yield Farming refers to the practice of placing crypto assets you own into …