Term
Definition
1:1 Art
A unique NFT that is one-of-a-kind. Mike Winkelmann, AKA Beeple, has produced some of the most famous 1:1 NFT art.
10k Project
A 10k project refers to NFT collections which have 10,000 unique NFTs with various traits. Bored Ape Yacht Club (BAYC) and CryptoPunks are 10k projects with the biggest following.
51% Attack
A 51% Attack occurs when a group of miners control at least 51% of the blockchain network’s mining hash rate. By doing so, they have the ability to insert an alternate blockchain, which can theoretically be accepted by the network as the attackers own a majority share.