What are the slang terms used in the NFT community?
Dr. Damian MartinezDec 25, 2021 · 3 years ago3 answers
Can you provide a list of slang terms commonly used in the NFT community? I'm new to the space and want to understand the jargon better.
3 answers
- Dec 25, 2021 · 3 years agoSure, here are some common slang terms used in the NFT community: 1. PFP - Profile picture 2. Minting - The process of creating and releasing a new NFT 3. HODL - Hold on for dear life, meaning to hold onto your NFTs or cryptocurrencies despite market fluctuations 4. Gas - The fee required to perform transactions on the blockchain 5. Moon - When the price of an NFT or cryptocurrency increases significantly 6. FOMO - Fear of missing out, the anxiety that you might miss out on a profitable opportunity 7. NFT OG - Someone who has been involved in the NFT space since its early days I hope this helps! Let me know if you have any more questions.
- Dec 25, 2021 · 3 years agoYo, here's a list of slang terms used in the NFT community: 1. PFP - Profile picture 2. Minting - Creating a new NFT 3. HODL - Holding onto your NFTs or cryptocurrencies 4. Gas - Transaction fee on the blockchain 5. Moon - When the price goes crazy high 6. FOMO - Fear of missing out 7. NFT OG - Someone who's been in the game since the beginning Hope that clears things up for you! Hit me up if you need more info.
- Dec 25, 2021 · 3 years agoOf course! Here are some slang terms you might come across in the NFT community: 1. PFP - Profile picture 2. Minting - The process of creating a new NFT 3. HODL - Holding onto your NFTs or cryptocurrencies 4. Gas - The fee required for transactions on the blockchain 5. Moon - When the price of an NFT or cryptocurrency skyrockets 6. FOMO - Fear of missing out on a good opportunity 7. NFT OG - Someone who has been in the NFT space for a long time I hope this helps you navigate the NFT world better! If you have any more questions, feel free to ask.
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