dropchan Guide

NFT Glossary

NFT

A digital asset whose ownership can be verified on a blockchain.

Wallet

A wallet used to manage NFTs and XRP and to review and sign transactions.

Offer

A purchase offer lets you propose the price you want to pay.

Claim

The action used to receive a purchased NFT into your wallet.

Reserve

XRP that can be temporarily locked for an XRPL account or certain features.
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Trait

An attribute describing an NFT’s appearance or features.

Copyright

Owning an NFT is separate from owning the artwork copyright. Please check dropchan’s usage guidance.