Non-Fungible Tokens(NFTs) have recently risen in popularity. In 2021,during its boom phase, the sector was valued at US$11.3 billion and is projected to be worth US$231 billion by 2030.

However, NFTs are somewhat new and unfamiliar, making it easy to get confused by the terminology frequently used in relation to them. This starter guide highlights and explains terms commonly used in the NFT ecosystem.

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