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I am new to web3 and block chain. I have learned that NFTs are just the tokens stored in a smart contract. But then I see another concept -- NFT Collections. I really wonder what's the relationship between them. Is a contract and a collection one-to-one correspondence or anything else

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As you know NFTs are just ERC-721 token, as single NFT token stored in NFT contract same like more than one token also stored in contract also. You can check your balance of tokens by "balanceOf" method. these tokens can be stored in Metamask.

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This is just terminology and it varies a bit. An NFT Collection means all of the NFTs which are inside one contract. I guess "collection" is a sexier term than "contract".

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