Clarifies that 1MillionNFTs has no airdrop, explains the 1MIL token, distinguishes it from Monad's "1 Million Nads" NFT giveaway, and shows how to get involved.
Ethereum NFT Overview
When working with Ethereum NFT, non‑fungible tokens built on the Ethereum blockchain. Also known as Ethereum‑based NFT, it represents a unique digital asset that can be owned, transferred, or displayed.
ERC‑721, the token standard that defines how unique assets are created on Ethereum. It Ethereum NFT standard enables each token to have its own ID and metadata. Smart contracts, self‑executing code that enforces token rules and ownership transfers. These contracts Ethereum contracts are the backbone of any Ethereum NFT because they automatically verify authenticity and handle payments without a middleman. Together, Ethereum NFT encompasses ERC‑721, requires smart contracts, and guarantees that each token is truly one‑of‑a‑kind.
Marketplaces, Airdrops, and Real‑World Use
NFT marketplace, online platforms like OpenSea, Rarible, and Blur where users buy, sell, and trade NFTs. Also known as NFT exchange, these sites influence price discovery, liquidity, and community buzz. A marketplace connects creators with collectors, offers auction tools, and often bundles airdrop eligibility into sales events. Because most Ethereum NFTs live on these exchanges, understanding marketplace fees, gas costs, and listing strategies is essential for any investor. Airdrops add another layer of excitement. Projects frequently reward early holders with free tokens or exclusive NFT drops, turning a simple purchase into a multi‑asset portfolio. Knowing how airdrop mechanics interact with ERC‑721 metadata can help you spot high‑value opportunities before they swell in price. Beyond trading, Ethereum NFTs power gaming items, virtual land, and real‑world collectibles. The integration of smart contracts enables programmable royalties, meaning creators earn a cut each time their NFT changes hands. This royalty system creates a sustainable revenue loop that benefits both artists and collectors, reinforcing why the Ethereum ecosystem remains a leader in digital ownership.
Below you’ll find a curated set of articles that dive deeper into every angle mentioned here. From step‑by‑step guides on claiming airdrops and securing smart contracts, to performance breakdowns of top NFT marketplaces and analyses of ERC‑721 token economics, the collection equips you with actionable insights. Whether you’re just starting to explore NFTs or you already own a few tokens, the posts ahead will help you navigate the fast‑moving world of Ethereum NFTs with confidence.