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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.