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Glossary

A comprehensive list of terms and definitions used throughout the Newrons platform.

A

Access NFT

An NFT that grants holders entry rights to exclusive spaces, events, or services.

Analytics Dashboard

A comprehensive tool for brands to track and analyze NFT performance and user engagement.

Auction

A time-limited sale where NFTs are sold to the highest bidder.

B

Brand Portal

The dedicated interface for brands to manage their NFT programs and campaigns.

Blockchain

The underlying technology that ensures secure and transparent NFT ownership and transactions.

C

Campaign

A coordinated NFT release strategy with specific goals and target audience.

Collection

A group of related NFTs sharing common characteristics or benefits.

Community Features

Tools and spaces for users and brands to interact within the platform.

D

Dashboard

The main control panel for managing NFTs, transactions, and account settings.

Digital Wallet

Secure storage for managing NFTs and handling transactions.

E

Engagement Metrics

Data points measuring user interaction with NFTs and brand campaigns.

Exchange

The system facilitating NFT trades between users.

F

Fiat Currency

Traditional currency (like USD) used for purchasing NFTs on the platform.

L

Limited Edition

NFTs with a restricted number of copies available.

Loyalty Program

A structured system of rewards and benefits for regular platform users.

M

Marketplace

The central hub where users can discover and purchase NFTs.

Multi-Factor Authentication (2FA)

Additional security layer protecting user accounts and transactions.

N

NFT (Non-Fungible Token)

A unique digital asset representing ownership of specific perks or access rights.

No-Code Tools

User-friendly interfaces for creating and managing NFTs without technical knowledge.

P

Perk

A specific benefit or reward associated with an NFT.

Platform Currency

The primary currency used for transactions within Newrons.

Progressive NFT

An NFT that can evolve or unlock additional benefits over time.

R

Rarity

The scarcity level of an NFT, affecting its value and exclusivity.

Rental System

Platform feature allowing temporary NFT usage rights transfer.

S

Smart Contract

Automated code that manages NFT ownership and transfers.

Secondary Market

The marketplace for trading previously purchased NFTs.

T

Trading

The buying and selling of NFTs between users on the platform.

Transaction Fee

Cost associated with buying, selling, or transferring NFTs.

U

User Profile

Personal account dashboard for managing NFTs and platform interactions.

Utility NFT

An NFT that provides practical benefits beyond digital ownership.

V

Value System

The framework determining NFT pricing and worth.

Verification

Process of confirming user or brand identity on the platform.

W

Wallet Balance

Available funds for purchasing NFTs or paying fees.

Web3

The decentralized internet infrastructure supporting NFT technology.

Technical Terms

For a more detailed technical explanation, see our System Overview.