What is an NFT Collection?
An NFT collection is a group of NFTs following a story arc or over-arching theme, and often involves content evolution. A collection can be made up of one or multiple drops, and an artist can release multiple collections over time. OneOf designates collections with a unique number, starting with "Genesis", followed by "002", "003", and so on.
I've heard that NFTs are selling for millions of dollars. How can I afford an NFT?
Built on energy efficient “proof-of-stake” blockchains like Tezos and Polygon, minting an NFT on OneOf is thousands of times less expensive than other platforms that use more traditional “proof-of-work” blockchains. OneOf further subsidizes these low ...
What is an NFT?
NFT stands for "non-fungible token." They are built on blockchain technology similar to "fungible" tokens such as Bitcoin or Ethereum; however, each NFT is unique and can be a one-of-a-kind "edition" or part of a limited Drop Each NFT is based on a ...
What does owning an NFT mean?
Owning an NFT is digital proof of ownership to a media file, such as a photograph, a video, or a music file that is recorded and stored on the blockchain. Some OneOf NFTs include OneOf-exclusive Vault Content which could be special IRL (in real life) ...
How does token "fusion" work in the Doja Cat Planet Doja collection?
The Planet Doja collection is Doja Cat's first-ever NFT collection and is part 1 of 3 total collections in her story arc. Collection 1 tokens will have special utilities and powers to unlock future features and content in Collection 2 and beyond, ...
What is an NFT Drop?
An NFT drop is simply the release or launch of an NFT collection. When a collection “drops”, it’s generally the time and date the NFT minting happens and becomes available to the public. Since scarcity equals value, collectors often watch for ...