#Basic Sundays
Basic terms and terminologies in NFT|Metaverse
Burn
To Burn nft essentially means to destroy it. If only 5,000 NFTs are sold in a collection that was intended to consist of 10,000, for instance, the team may decide to ‘burn’ the remaining 5,000.
Basic terms and terminologies in NFT|Metaverse
Burn
To Burn nft essentially means to destroy it. If only 5,000 NFTs are sold in a collection that was intended to consist of 10,000, for instance, the team may decide to ‘burn’ the remaining 5,000.