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.
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For 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.
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Me 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! 79 Crypto/NFT Words You Need To Know: The Crypto/NFT Slang Dictionary
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