Glossary

APR: Annual Percentage Return.

Collection: A set of NFTs within the same contract.

Collection Offer: An offer which gets submitted on all items within a collection.

Contract: An U2U smart contract

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

Gas: The cost required to perform a transaction, priced in U2U.

Launchpad: Igniting the Future of Digital Collectibles.

Royalties: Fees which are paid to collection owners upon each trade done on X721 Marketplace.