TVN: It is a non-fungible token. Wikipedia says that an NFT is a single, non-interchangeable unit of data stored on a blockchain. NFTs are digital assets that can take the form of audio, photos, videos, and more. “But beyond that, it also represents culture, communities and brands, ”added Lee.
Block chain: As a database, a blockchain stores information electronically in digital format, Investopedia said. Records of transactions made in a blockchain cannot be modified, deleted or destroyed.
Ethereum wallet: An Ethereum wallet allows users to store NFTs on the Ethereum blockchain. According to fintech and blockchain website Cointelegraph, having an Ethereum account allows you to send transactions, receive funds, and track its balance.
Hit : A process in which digital assets (from art to music to articles) as NFTs are a way for artists to monetize their work, said financial and investment advisory firm The Motley Fool .
Cryptocurrency: A virtual payment system that enables secure online payments without involving third-party intermediaries (such as banks), Investopedia said, to verify transactions.
Metaverse: Andrew Faridani, CEO of digital marketing agency BreezeMaxWeb, in a Forbes article, described the metaverse as an immersive digital environment populated by virtual avatars representing real people. Think of popular games like Animal Crossing, where players can choose their own avatars, meet friends, and design their own spaces in their “home.”
NFT utilities: Utilities allow buyers to derive a new form of value from an DTV, instead of looking at the attractiveness of art, sData Driven Investor tech help site in a Medium article. For example, access to music, to the gaming experience and to real events.