Cryptocollectible
Definition, Meaning & Examples
Pronunciation /ˌkrɹptoʊkəˈlɛktəbəl/ · Part of speech noun
Quick meaning: Cryptocollectible is a noun meaning A digital collectible item traded using cryptocurrency, so that the blockchain contains proof that one really owns that item.
Meaning
A digital collectible item traded using cryptocurrency, so that the blockchain contains proof that one really owns that item.
Example Sentences
NBA Top Shot, a partnership between the N.B.A. and the blockchain company Dapper Labs that turns basketball highlight videos into unique cryptocollectibles, has $230 million in sales since 2019.
But at their core, all cryptocollectible projects are rooted deeply in internet culture. The name and spirit of CryptoPunks comes from cypherpunks, a name first given to an early '90s group cum mailing list that focused on ideas like the intersection of cryptography, privacy technology, philosophy and computer science.
Word Forms
- cryptocollectibles
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Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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