N

Crypto, trading and market making terms from the Motion Trade glossary. Each definition explains the term in plain language and links to related guides.

NFT (Non-Fungible Token)

A unique digital asset representing ownership of a specific item, artwork, or collectible on a blockchain.

NFT Marketplace

A platform where users can create, buy, sell, and trade non-fungible tokens.

NFT Memberships

NFTs that function as access passes, granting holders exclusive membership benefits, content, or community access.

NFT Pre-Sale

An early sale event where NFTs are offered to selected buyers before the public mint at a discounted price.

NFT Royalties

Automated payments to original creators each time their NFT is resold on secondary markets.

Node

A computer connected to the blockchain network that helps validate transactions and maintain the ledger.