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Glossary

Attributes: A set of metadata on the NFT to define rarity and properties.

Collection: A set of NFTs linked together as a bundle.

Floor Price: The lowest amount of Signa required to obtain an NFT using the Buy Now function.

Network Fee: The cost in Singa required to perform a transaction.

NFT: NFT stands for "non-fungible token." At a basic level, an NFT is a digital asset that links ownership to unique physical or digital items, such as works of art, real estate, music, or videos.  NFT SRC40 : Based on the SCR-40 the Signum NFTs are using a standard smart contract on the Signum chain. You find the description here.

Royalties: Fees which are paid to the royalties owner of a NFT upon each trade done. Royalties are transferrable.

Signum: Signum brings a powerful blockchain solution to the world in the most sustainable way.

Signa: The native coin at the Signum blockchain.



Updated 20 May 2022
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