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Meaning of cryptocollectible | Babel Free

Noun CEFR C2
/ˌkrɹptoʊkəˈlɛktəbəl/

Definitions

A digital collectible item traded using cryptocurrency, so that the blockchain contains proof that one really owns that item.

Examples

“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.”
“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.”

CEFR level

C2
Mastery
This word is part of the CEFR C2 vocabulary — mastery level.

See also

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