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Abbreviations

AB

Stands for Art Blocks. Art Blocks is a platform for generative art that has already launched several successful projects. It is separated into 3 different

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ABC

Stands for Art Blocks Curated. Strictly curated NFTs by the Art Blocks Curation board. They feature only approved designs that are innovative both artistically and

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API

An application programming interface defines the methods used through which software components communicate with each other.

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BTFD

Buy the fu***ng dip! Jokingly used when cryptocurrency or NFTs prices lower a lot, to prevent FUD, it’s only a dip it will go up

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DAO

Stands for Decentralized Autonomous Organization. These are organizations that are controlled by their members and decisions are taken by the majority.

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DAPP

A Decentralized Application is built on a blockchain. It offers a number of advantages, like better privacy, resistance to censorship or complete data integrity.

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DeFi

Stands for decentralized finance. This is an umbrella term for all sorts of financial activity that uses cryptocurrency and blockchain systems.

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DEX

Decentralized Crypto Exchanges. A DEX is a peer-to-peer exchange, supervised by a blockchain instead of a centralized organization like banks or government institutions.

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DYOR

Do Your Own Research – Used as an expression by influencers and content creators to disclaim responsibility for investment recommendations.

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ERC 20

Ethereum Request for Comments (ERC). A technical standard, so a set of rules to create smart contracts on the Ethereum blockchain that implement fungible tokens.

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ERC 721

A different technical standard for tokens. Defines how to build non-fungible tokens on the Ethereum Blockchain.

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FUD

Fear, uncertainty and doubt. Expression used to describe negative talk about a project, people or something else. Someone that is spreading FUD is considered to

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GMI

Going to Make It. Expression used to describe the moment NFTs are universally understood and everybody sees their true value.

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