ERC-721 vs. ERC-1155: What’s the Difference Between NFT Token Standards?
ERC-721 and ERC-1155 are the two Ethereum token standards that make NFTs work. ERC-721 was proposed in January 2018 by William Entriken, Dieter Shirley, Jacob […]
Getting Started
On-Chain vs. Off-Chain NFT Metadata: Where Is Your NFT Actually Stored?
Most NFTs store only a pointer on the blockchain. Here is how on-chain, IPFS, and Arweave storage differ, and what happened when FTX’s off-chain NFT metadata disappeared.
What are gas fees, and why do NFT transactions cost extra?
Gas fees are payments you make to a blockchain network to process an NFT transaction. Here’s how Ethereum’s fee structure works, why fees spike during mints, and how to pay less.
What Does It Mean to Mint an NFT?
Minting an NFT means sending a transaction that creates the token for the first time and records your wallet as its owner. Here is what the contract actually does, how a mint differs from a marketplace purchase, and why a failed mint still costs you.
How Do You Know What an NFT Is Worth?
Asking prices are not valuations. How to read floor price, volume and rarity, and why the bid side is the number that decides what you can actually sell for.
What Do You Actually Own When You Buy an NFT?
You own a token and an ownership record. The copyright, and often the image file itself, is a separate question answered by the project’s license.
How to Spot a Fake or Scam NFT Project
Quick answer: check the team, the promises, and the contract. If a project fails more than one of these three checks, treat it as a pass, not a maybe.
How NFT Royalties Actually Work
Quick answer: NFT royalties are a percentage of resales meant to go back to the creator automatically. Enforcement has become optional on most major marketplaces since 2023.
NFT Terms Every Beginner Should Know
Quick answer: the NFT space runs on a handful of terms that get thrown around without explanation. Mint, gas, wallet: once those three click, the rest falls into place fast.
Ethereum, Solana, or Polygon: Which Blockchain Should You Buy NFTs On?
Quick answer: Ethereum has the deepest liquidity and the most established collections, but fees can spike. Solana is fast and cheap. Polygon is a low-cost middle ground.