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  • Welcome to Element
  • Spotlight
    • Getting Started
      • How to trade NFTs on Linea?
      • How do I create an Element account?
      • Create your profile
      • Install and connect your wallet
      • Basic information you need to know
      • How do creators set royalty?
      • Element Gas optimization method
      • FAQ
      • Key Features
        • Bulk offers
        • Multi-market Listing
        • NFT Cart
        • Make Collection Offer
        • Pro-Trade
        • Features
    • Buying NFTs
      • How to buy NFTS
      • Collection Offer
      • How to convert WETH
    • Selling NFTs
      • Listing an NFT for a Fixed Price
      • How do you manage your Listing
      • Accepting an offer on your NFT
    • Trading Fee
    • Drops on Element
    • What’s New in Element
      • Product Updates For 2023/11/3
      • Product Updates For 2023/10/20
      • Product Updates For 2023/10/13
      • Product Updates For 2022/08/19
      • Product Updates For 2022/08/24
      • Product Updates For 2022/08/25
      • Product Updates For 2022/09/04
      • Product Updates For 2022/09/09
      • Product Updates For 2022/09/14
      • Product Updates For 2022/09/24
      • Product Updates For 2022/09/27
      • Product Updates For 2022/10/15
      • Product Updates For 2022/11/14
      • Product Updates For 2022/12/05
      • Product Updates For 2023/01/04
      • Product Updates For 2023/01/09
      • Product Updates For 2023/01/15
      • Product Updates For 2023/01/22
      • Product Updates For 2023/01/22
  • Support
    • Drop Creator Support
      • Part 1: Deploy NFT Contract
      • Part 2: Edit Drop Settings
      • Part 3: Design Drop Page
      • Part 4: Edit Collection Information
      • Part 5: Publish Your Drop
      • Part 6: Upload and Reveal Items
    • Overview
    • Collection
      • Element Verification Service
      • Element Verified Creator Application
      • Tutorial for how to set collection profile and royalty
  • Event
    • Airdrop
      • Element Storm
        • Details of Invite Rebate(ETH only)
        • Details of listing reward
        • Details of Trading Rewards
      • Announcement on Quantity and Rules of ELE Air Drop
    • Activity
      • RGB++ NFT Trading Fest
      • Element Marketplace —「Say Hi to BTC Ordinals」
      • The Iliad Event
      • Element-BNBChain 2023 Adventure
      • “ELE World Cup” ---Qatar World Cup Prized Guess
      • Element Summer Rush! Element & AVAX NFT Trading Competition is on the way.
      • Element x Azuki listing activity starts. List your Azuki to get ELE rewards!
      • Element x .bit 4D/5D NFT Rewards Event
      • Element Lucky Draw is open now
      • Element Invitation Rebate Program 1.0
      • 'The Crown of Stark' LuckyDraw is coming!
      • Manta Treasure Cruise: Call of the Sea
      • Hi, Starks!
      • Holiday Mood with Element and Friends
      • The First Shoot: Element opBNB Market Live Event!
      • Element BTC Ordinals Market (beta) Live Now!
      • EPS Staking system is officially launched now! Claim starts at 0 am (UTC) daily
      • EPG Staking system is officially launched now! Claim starts at 0 am (UTC) daily
  • Branding
    • Brand & Logo
  • Join us
    • Hiring
  • Audit
    • Smart Contract
  • Developer
    • Contract Overview
    • Contract Governance
    • Deployed Contract
    • Audits
    • Order types
    • Public API
    • SDK
    • Gas Optimization
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  1. Spotlight
  2. Getting Started

Basic information you need to know

Here's what you need to know to get into the NFT world and use Element, and it's helpful to scan it before you start.

  • Non-Fungible Tokens (NFTs)

    Non-Fungible Tokens (NFTs) are unique, digital items with blockchain-managed ownership. Examples of NFTs include digital art, collectibles, virtual reality items, crypto domain names, ownership records for physical assets, and more.

  • Blockchain

    A blockchain is a digitally distributed ledger that facilitates the process of recording transactions and information across a network. You can think of it as a decentralized or distributed database. Element supports the following blockchains: BNB Chain, Ethereum, Polygon, Avalanche

  • Ethereum / ETH

    Ethereum is a blockchain, and ETH is the currency used to make transactions on the Ethereum blockchain.

  • Ethereum Virtual Machine / EVM

    If a blockchain is EVM-compatible it means it is technically compatible with Ethereum, and tokens can be transferred between them. An example of an EVM-compatible blockchain is Polygon. Just because a blockchain is EVM-compatible does not mean you can directly send tokens from one chain to another. Tokens must be bridged across to the other chain.

  • Gas fees

    Think of gas fees as Ethereum blockchain transaction costs. Element has no say in setting gas fees – they are determined by supply/demand across the network (blockchain).

  • Crypto wallet

    A crypto wallet is an application or hardware device that allows individuals to store and retrieve digital items, like cryptocurrency and NFTs.

  • Wallet address

    Also known as your "public key." Your wallet address is unique. It’s the address people will use when sending you cryptocurrency or NFTs. Your NFTs and cryptocurrency do not live in your wallet—they exist on the blockchain, under your wallet address. Your software or hardware wallet only contains the key to that address. On Ethereum, your address starts with a "0x". You can also use an ENS domain.

  • Private key

    A string of numbers (often 256 characters long) that represents your signature to authorize transactions on the blockchain.

  • Collection

    A collection is a group of NFTS cast on a chain under the same contract, such as CryptoPunks or Polychain Monsters.

  • Notification

    When your NFT receives an offer or sale, Element Marketplace alerts you to take a quick look so you don't miss important asset information.

  • verified

    The Element team constantly checks the legitimacy of any newly listed NFT contract, and its verification status will be displayed as a logo next to its collection name, as follows:

The verified icon may mean either of the cases below:

  1. The contract address of the NFT matches one of the contracts that is created by the NFT project team.

  2. The contract of the NFT belongs to its NFT project.

  3. The NFT is verified on other famous marketplace as well.

This is to prevent users from buying fake NFTs that are usually created by scammers.

The unverified icon may be displayed for any one of the reasons below:

  1. We are unable to determine or contact the project team for this NFT;

  2. This NFT’s contract is malformed;

  3. This NFT may be fraud or fake;

  • Search There is a search bar at the top of each page where you can:

  1. Enter the collection name (for example, moonbirds) and find the NFT collection

  2. Paste the contract address of the collection and find the NFT collection

  3. Enter a user name and find the user's profile

  4. Paste the user's wallet address and find the user's profile

PreviousInstall and connect your walletNextHow do creators set royalty?

Last updated 2 years ago