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Frequently Asked Questions

what is web3?

Web3 refers to a decentralized online ecosystem built on the blockchain. it was coined by polkadot and Gavin wood in 2014.
what are Nfts?

A Non Fungible Token is a Unique digital identifier that is recorded on a blockchain and it is used to certify ownership and authenticity.
what are the utility rights of Nft?

The utility of Non Fungible Tokens refers to virtual assets that provides priviledges,benefits,rewards to their owners that are not available elsewhere neither can be copied. Essentially,the Nft utility bestows upon the owner a right to extract a service or advantage from the asset.
what is alpha in the Nft world?

in the Nft world .Alphais the information that is not yet widely Known by others in the Nft community and can ,presumeably, be acted upon to some beneficial end.
what is collections in Nft worlds?

Nft collections are created when artists collaborate to launch a series of Nfts (issued and sold in digital forms like videos, music,and tweets).
What is the main feature of web3.0?

Defining features of web3.0 include decentratilization;trustlessness and permissionlessness;artificial intelligence(AI) and machine learning; and connectivity and ubiquity.