> For the complete documentation index, see [llms.txt](https://qenergy.gitbook.io/nrg-nft/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://qenergy.gitbook.io/nrg-nft/glossary-of-terms.md).

# Glossary of terms

1. **NFT (Non-Fungible Token):** A unique digital token representing ownership or authenticity of a digital asset, such as artwork, collectibles, videos, etc.
2. **Digital Collectible:** A unique and collectible digital object, such as a virtual baseball card, bought, sold, and owned in the form of NFTs.
3. **Blockchain:** A decentralized and secure ledger that records transactions and ensures the integrity of NFTs.
4. **Cryptocurrency:** Digital currency used to buy, sell, and trade NFTs and other assets online.
5. **Smart Contract:** A self-executing digital contract on the blockchain that governs the transfer and actions related to NFTs.
6. **Decentralized Ledger:** A secure, decentralized public record of NFT transactions on the blockchain.
7. **Tokenization:** The process of converting physical or digital assets into digital tokens on a blockchain.
8. **Ethereum:** A blockchain platform that enables the creation and exchange of NFTs using smart contracts.
9. **Digital Asset:** Any digital asset, such as an image, video, or file, represented by an NFT.
10. **Artwork Token:** An NFT representing a digital artwork, allowing collectors to own and transfer ownership of the work.
11. **Minting:** The process of creating a new NFT and recording its existence on the blockchain.
12. **Ownership Proof:** Verifiable evidence that an NFT holder is the legitimate owner of the represented digital asset.
13. **Crypto Art:** Digital art bought, sold, and owned in the form of NFTs, using blockchain technology.
14. **Rarity:** The scarcity or exclusivity of a specific NFT determined by its unique characteristics and availability.
15. **Metadata:** Additional information associated with an NFT, such as creator details, creation date, and asset history.
16. **Wallet:** A digital wallet that stores NFTs and cryptocurrencies, enabling secure management and exchange.
17. **Marketplace:** An online platform where users can buy, sell, and trade NFTs.
18. **Secondary Market:** The market where NFTs are bought and sold after their initial issuance by the creator.
19. **Proof of Authenticity:** Verification that an NFT is genuine and legitimate, backed by blockchain technology.
20. **Token Standards (ERC-721, ERC-1155):** Technical standards defining how NFTs are created and managed on the Ethereum blockchain.
21. **Gas Fees:** Costs associated with transactions on the Ethereum blockchain, paid in cryptocurrencies.
22. **Fractional Ownership:** Shared ownership of an NFT among multiple holders, each with a proportional share.
23. **Digital Ownership:** Exclusive possession of a digital asset recorded on the blockchain through an NFT.
24. **Royalties:** Ongoing payments that creators receive each time their NFT is resold in the secondary market.
25. **Renewable Energy:** Energy generated from sources that are naturally replenished, such as solar, wind, and hydroelectric power.
26. **Solar Power:** Energy harnessed from the sun's rays using photovoltaic cells to convert sunlight into electricity.
27. **Electricity Generation:** The process of producing electrical energy from various sources.
28. **Power Grid:** An interconnected network of power generation, transmission, and distribution systems.
29. **Energy Efficiency:** The ratio of useful energy output to total energy input, emphasizing reduced waste.
30. **Clean Energy:** Energy derived from renewable sources with minimal environmental impact.
31. **Green Energy:** Environmentally friendly energy produced from renewable sources.
32. **Carbon Footprint:** The total greenhouse gas emissions caused by an individual, organization, or product.
33. **Emissions Reduction:** Decreasing the release of pollutants and greenhouse gases into the atmosphere.
34. **Photovoltaic Cells:** Solar cells that convert sunlight directly into electricity.
35. **Solar Panels:** Devices composed of photovoltaic cells that generate electricity from sunlight.
36. **Energy Storage:** The capture and retention of energy for later use, often through batteries.
37. **Battery Technology:** Techniques and materials used to create efficient and long-lasting batteries.
38. **Lithium-ion Battery:** A type of rechargeable battery commonly used in portable electronics and electric vehicles.
39. **FNFT (Financial Non-Fungible Token):** A unique digital token representing ownership or rights related to financial assets or instruments.