Never share your seed phrase!
Being cool, awesome, unique (comes from the meme culture → dank meme)
Stands for Decentralized Autonomous Organization. These are organizations that are controlled by their members and decisions are taken by the majority.
A Decentralized Application is built on a blockchain. It offers a number of advantages, like better privacy, resistance to censorship or complete data integrity.
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
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
Means dead. Used as an expression to explain that you feel like you died because you lost a lot of money.
Stands for decentralized finance. This is an umbrella term for all sorts of financial activity that uses cryptocurrency and blockchain systems.
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
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,
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.
NFTs are considered digital collectibles due to their non-fungible nature. The blockchain gives the possibility to confirm ownership of a certain collectible.
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
Do Your Own Research – Used as an expression by influencers and content creators to disclaim responsibility for investment recommendations.