OpenEdition

Jan
14
2022
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By Ellen Britt
NFT Glossary Deep Dive: Drop

NFT Glossary Deep Dive: Drop

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Ellen Britt for CNT #NFT You’ve probably heard the word “drop” used when a musical artist is about to release a new song. Or a new, limited edition of the latest big-name sneakers are about to hit the market. That’s a drop too. Well, the same thing applies in the NFT world, when a new NFT is about to be released to the public. Only this time, the drop is digital. Most NFT drops don’t just come out of the blue but are announced in advance so that as many people as possible will have a fair share at nabbing them. But there are many…
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Jan
12
2022
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By Ellen Britt
NFT Glossary Deep Dive: Open Edition

NFT Glossary Deep Dive: Open Edition

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Ellen Britt for CNT #NFT One of the things about many NFT collections that adds to their value is that they are limited in terms of the number that can be minted. But sometimes NFTs may be marked as an Open Edition, where the creator of the NFT does not limit the quantity.  At first glance, you would think this would bring automatically bring down the value of the NFT, but many NFT creators who choose to go with an Open Edition model will place other restrictions on the NFT. For example, a particular NFT collection may have a limited time…
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