What does non-curated NFT mean?
First, the term “ curated in this context refers to the process of handpicking specific tokens to list on a platform. Through this process, platforms are able to accept only the tokens that they deem to be the most valuable from an investment perspective.
What does non curated NFT meaning?
When you invest in a non-curated token, you are not buying shares in a company or a fund. Instead, you are buying a cryptographic token that is similar to a cryptocurrency. When you receive this token, you can transfer it to anyone else who is willing to pay the transaction fee. These tokens are usually given to the first person who submits a proposal. The way you can become a buyer of this non-curated token is by submitting a proposal. The proposal must contain a
What does non-curated NFT mean in English?
This is the most common form of NFT, which simply means that the tokens weren’t created by the developer. Often the developer will describe these assets as “minted” or “created” on a particular blockchain. But this is just marketing speak—it doesn’t mean the developer physically created these tokens. It’s more accurate to think of them as something that gets minted by the network itself when a smart contract is executed.
What does non curated NFT mean?
In the crypto world, a non-curated NFT is a digital asset that is not traded on an exchange. They are traded on a decentralized exchange (DEX) and owned by their unique public key. This is not to say that they are not traded at all. Non-curated NFTs can be traded on any cryptocurrency exchange that supports the standard ERC-20 protocols. An example of a decentralized exchange that supports ERC-20 is Binance’s decentralized exchange
What does uncurated NFT mean?
This refers to a decentralized, open-source, community-driven market for digital assets. It means that the platform does not support the creation of tokens on it, but allows a community to decide how to accept them as payment for goods and services.