12/28/2022 0 Comments Wallstreetbets lingo guide
It originally refers to a person who copies another person’s ideas, appearance or behaviour, in the NFT world, it means a knock-off project which copies another more popular project.ĭecentralized Autonomous Organization. It means to purchase an asset after its price has dropped, which is usually considered as a bargain as the asset is likely to bounce back and increase in value over time after the short-term correction. It runs in parallel with Binance’s native Binance Chain (BC), providing the high transaction capacity of BC with added smart contract functionality.īTD refers to “buy the dips” while BTFD refers to “buy the fxxxxxx dips”. It was announced in September 2020 by Binance, a leading cryptocurrency trading exchange. Some DeFi platforms like PancakeSwap use BSC, benefiting from much lower transaction fees. Some examples are: to conduct trades and execute transactions on behalf of human investors and to offer a range of customizations for Discord servers, including answering frequently asked questions, offering mini-games to their communities, spitting out memes on a daily basis, etc.īSC refers to Binance Smart Chain. #Wallstreetbets lingo guide softwareIt is, however, always advised not to ape in any projects without having proper research and understanding on what you’re buying! Unless you are a true degen (see below what degen is)!īot refers to the automated software that performs specific actions. Originated through the ‘apes together strong’ meme. Many NFT projects hold live AMA sections regularly to keep up the engagement with their NFT holders.Īpe in usually refers to people who rush into buying a new NFT or coin without doing much due diligence or research. The floor price for one Mutant Ape is now sitting at 6.3ETH (as per December 2021).ĪMA is an abbreviation for “ask me anything”, it is used by people who are opening themselves up for a session where the community can ask any kind of question. #Wallstreetbets lingo guide freeFor example, in August 2021, NFT collection “Bored Ape Yacht Club” holders were airdropped a “mutant serum”, which allowed them to mint a free Mutant Ape in the likeness of their original form can be freely traded. In addition, it can be used as a marketing strategy for NFT/ crypto-related projects to generate attention and new followers. Some NFT projects may airdrop free companion NFTs to reward the original NFT collection holders. #Wallstreetbets lingo guide for freeMe with Charles Hoskinson sometime early 2019.Īn airdrop refers to sending cryptocurrency coins/ tokens or NFTs for free to different wallet addresses. For example, CryptoPunks are a collection of 10 000 NFTs, of which each one of them is unique. 1/1 of x refers to one unique NFT of a collection of X NFTs. No, this is not some kind of arithmetic problem. Let’s YOLO because I’m sure WAGMI! Feel free to red this crypto/NFT slang like a novel or just hit “CTRL+F” to search for whatever you are looking for. OK! My dear Degens, WELCOME to the complete Crypto and NFT slang dictionary! Let’s Ape In into this 1:1 article that will help you in your future DYOR. I have created the first NFT Investing Masterclass and if you are interested in this topic, I would like to invite you to take a look. Oh, BTW, if there’s something I’m really passionate about is teaching. The crypto and NFT communities have their own language, and this glossary will help you with all those crypto slang.Īcronyms are also widely used, and here you will find all the acronyms, slang and terminology. This space runs very fast, and you need to be up-to-date on the lingo that the community uses. It doesn’t matter if you are a beginner or a pro. WAGMI? Ape In? Diamond Hands? DYOR? Search no more! Here you can find a glossary with 79 crypto/NFT words that will help you navigate the crypto/NFT space like a pro! Oh, and also memes! In March, a work by American artist Beeple sold for nearly US$70 million (S$95 million) at Christie's, the first-ever sale by a major auction house of art that does not exist in physical form.79 Crypto/NFT Words You Need To Know: The Crypto/NFT Slang Dictionary Non-fungible tokens, which exploded in popularity this year, are a type of digital asset that exists on a blockchain, a record of transactions kept on networked computers. That is usually accomplished by cutting emissions, such as the use of fossil fuels, and balancing any remaining emissions with efforts to soak up carbon, like planting trees.Ĭritics say any emissions are unacceptable. Net zeroĪ term, popularised this year thanks to the COP26 United Nation climate talks in Glasgow, for saying a country, company or product does not contribute to global greenhouse gas emissions. In October, Facebook r enamed itself Meta to reflect its new metaverse focus. This year, CEOs of tech companies from Microsoft to Match Group have discussed their roles in building the metaverse. The term was coined in the dystopian novel Snow Crash three decades ago. Some tech CEOs are betting it will be the successor to the mobile Internet.
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