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making crypto, NFTs, and the metaverse easier to understand… a project by @ReformersNFT…not financial advice. https://xitter.gq/t.co/xhE5KSQAsR

wagmi
Joined December 2021
Photo by web3 simplified (@SimplifiedWeb3)Photo by web3 simplified (@SimplifiedWeb3)Photo by web3 simplified (@SimplifiedWeb3)Photo by web3 simplified (@SimplifiedWeb3)Photo by web3 simplified (@SimplifiedWeb3)Photo by web3 simplified (@SimplifiedWeb3)Photo by web3 simplified (@SimplifiedWeb3)Photo by web3 simplified (@SimplifiedWeb3)Photo by web3 simplified (@SimplifiedWeb3)Photo by web3 simplified (@SimplifiedWeb3)
🚨Until the war ends or something changes: Anyone who sends this account a DM with a screenshot of a donation of $19 or more to support Ukraine will receive a code to access our course “NFTs Simplified” for FREE. Pass it on. 💛🇺🇦 #IStandWithUkraine
web1: clicks web2: content web3: community
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alpha = new information that isn’t general public knowledge. Sometimes that hasn’t been announced yet
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Fungible = mutually interchangeable; something that can be replaced by another identical item Example: 1 dollar bill traded / replaced for another 1 dollar bill
DYOR = do your own research
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web 1: visits web 2: likes web 3: $
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fomo = fear of missing out
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“I think people should become an #NFT collector before becoming an NFT creator so that they can learn the ins and outs of launches, community, etc.” - @iSocialFanz on the @NFT365podcast podcasts.apple.com/us/podcas…
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alpha = new information that isn’t general public knowledge. Sometimes that hasn’t been announced yet
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web1: create website web2: create profile web3: create value
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degen = a slang term for "degenerate" Typically used to describe someone who is buying, selling, trading, flipping, and or holding NFTs and cryptocurrency.
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For some people #NFTs are a way to fund their business or their mission in life. Was just listening to a Twitter space where a guy has an idea to turn empty and abandoned lots in his city into green spaces. His idea is to sell NFTs to do that. #NFTCommunity
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ama = ask me anything Used when people provide a space for people to ask questions
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gm = good morning Todays a great day to learn about web3. If you already are you’re early. If you start today you’re not late you’re on time. #NFTCommunity #NFT #NFTeducation
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web1: clicks web2: content web3: community
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= aka the “floor price” the lowest price that an NFT of that collection is selling for (usually in the “buy now” category)
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web 1 - website web 2 - social media web 3 - community
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#HODL = hold on for dear life usually refers to #crypto coins or #NFTs and is a general recommendation to hold them and not sell them in a panic when the price drops
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web 1: read web 2: write web 3: own
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= decentralized finance An ideal that usually refers to crypto coins and cryptocurrency. Imagine a currency that is not controlled by one organization or government and where your finances are not controlled by a bank / other organization. Example: $BTC aka Bitcoin
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An oversimplified version of the blockchain: it's a digital record-keeping system through the internet. This digital record-keeping system keeps track of monetary exchanges (crypto transactions) and other digital assets (#NFTs).
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Groups of people and organizations have created (somewhat) simple and easy ways for us to keep track of these accounts / mailing addresses so that we can use the blockchain - a web3 wallet.
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In Episode 8 of the web3 Simplified podcast Sean covers more of: - What is a #web3 wallet - Why you need one - Some of the more popular web3 wallets - more Find the podcast on your favorite player here: web3simplified.xyz/podcast
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