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ADA(₳) is the native cryptocurrency of the Cardano blockchain platform that was launched in 2017 by Charles Hoskinson, co-founder of the Ethereum network.


Arguably the most well-known cryptocurrency, Bitcoin is a digital currency that is decentralized. This means that it can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries such as a central bank.


Cardano is an open-source, public blockchain platform with consensus achieved using proof of stake. It can facilitate peer-to-peer transactions with its internal cryptocurrency, Ada (₳).


Decentralized exchanges (DEX) allow for peer-to-peer (P2P) transactions rather than going through a centralized or third-party platform that is run by an intermediate. Check out some DEXes on Cardano’s blockchain here!


The floor price is the lowest entry price listed for an NFT project.


Gas fees are the fees that most NFT marketplaces charge when conducting a sale. The gas fees on the Cardano blockchain are 0.17 ADA, but may fluctuate depending on market supply and demand.


Hold On for Dear Life. The volatility of the crypto market has made this one of the most often-used expressions in the space.


Short for “Interplanetary File System”, IPFS is a peer-to-peer (P2P) storage network that can store files, kind of like Google Drive, but decentralized and more secure. In the NFT space, IPFS uses content-addressing to identify unique files in a global network by linking the NFTs metadata, or description of the art, to the place where the artwork is stored.


KYC or “Know Your Customer” is usually an identifying procedure which places like centralized exchanges require new users to submit their personal information to comply with regulations.


Much like the caption card that accompanies traditional art pieces, the metadata of an NFT describes the details of the work such as the name of the piece, who the artist is, what number of the collection it is as well as what traits or attributes the artwork contains.



The policy ID is the unique identifier that links a collection of art to the artist, proving ownership of the artwork, and is usually made publicly available for buyers to verify a project’s authenticity so anyone can differentiate replicate NFTs from the original work.


Rarities refer to the scarcity of specific traits or attributes of digital artwork, collectibles and in-game NFTs. Rarity can also refer to a limited edition or supply of a specific collection, making the asset more sought after and valuable. Take a closer look at what constitutes “rarity” of some of the most well-known projects on Cardano with the 'Rarity Dawg' collection here.


Enhance your token collection experience with Splash, a Cardano-based arcade. Play for tokens and NFTs, boost rewards by holding our Dawgs and support Cardano’s top creators. Get your game on!


'Too Long, Didn't Read.' Most of us have short attention spans in this info-overload era. We don't have time to read lengthy reports or research papers on a particular crypto or NFT project, especially when they just slow us down from minting more NFTs!


'We are all going to make it.' When NFT traders are convinced that a project has what it takes to make them rich, WAGMI becomes the oft-repeated expression on crypto Twitter and Discord.

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