Never share your seed phrase!

Dictionary

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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Airdrop

A token distribution method used to send cryptocurrency or NFTs to wallet addresses. Sometimes airdrops are used for marketing purposes in exchange for simple tasks

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Ape

Expression used to compare the behaviour of NFT or crypto traders (FOMO and FUD) to the primitive behaviour of primates; to invest all your money

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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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Asset

An asset provides current or future benefits for its owner. NFTs are digital assets because they share many characteristics of traditional assets. For example art,

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Bitcoin (BTC)

The first widely used cryptocurrency, designed to be used as a digital payment method that would bypass banks and financial institutions. The concept was created

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Blockchain

A special system of storing information that makes it nearly impossible to modify, hack, or trick it. The Blocks record information chronologically and transactions can

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Blue chips

Established, well-recognized, and somewhat stable projects in the NFT space. They are considered as somewhat safer assets. Expression derived from the stock market.

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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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Burn

To burn a non-fungible token, means to make it unusable. One of the commonly used ways of doing so is by sending them to the

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Cope, coping

People cope with their bad decisions, and get more critical about which project they invest in. People spreading FUD are often coping with their past

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CPU mining

Mining cryptocurrency coins using a conventional computer processor. Today it is practically not used due to its low processing power.

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Crypto

It’s a universal word to describe anything decentralized that has to do with cryptocurrencies, NFTs, etc.

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Cryptocurrency

A digital/ virtual money based on blockchain technology. The most prominent examples are Bitcoin or Ethereum, but there are many more types in circulation.

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