Never share your seed phrase!

Dictionary

DAO

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

Read More »

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.

Read More »

Dapper Labs

Founded in 2018, Dapper Labs developed NBA TopShots, the first mainstream NFT collectibles. Furthermore, they are developing other projects like CryptoKitties and games like Cheese

Read More »

Decentralization

There is no central authority, for example a government, bank or company, that has the power to take decisions alone. Decisions are taken by all

Read More »

Ded

Means dead. Used as an expression to explain that you feel like you died because you lost a lot of money.

Read More »

DeFi

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

Read More »

Delist

No longer offer your NTFs for sale. This is often spammed in discord groups. If more people delist their NFTs from OpenSea, the floor price

Read More »

Derivative

As everywhere else where there’s financial speculation it is also present in the NFT space. It is now possible to speculate on NFTs with derivatives,

Read More »

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.

Read More »

Digital collectibles

NFTs are considered digital collectibles due to their non-fungible nature. The blockchain gives the possibility to confirm ownership of a certain collectible.

Read More »

Drop

The term comes from the music industry, where artists drop new albums. In the NFT space artists drop new collections. To drop something means to

Read More »

DYOR

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

Read More »

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.

Read More »

ERC 721

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

Read More »

Ethereum

A decentralized open-source blockchain platform that offers its own cryptocurrency called Ether or ETH (Ξ). It operates on the programming language called Solidity.

Read More »

Floor Price

Lowest ‘buy it now’ price in a collection of NFTs. Often the ones that are listed for the Floor Price are NFTs with less rare

Read More »

Floor Swipe

A floor swipe is if somebody or a group of people buys all the NFTs of a collection listed at or near floor price to

Read More »