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
- Tweets1K
- Following141
- Followers255
- Likes305
alpha = new information that isn’t general public knowledge. Sometimes that hasn’t been announced yet
degen = a slang term for "degenerate"
Typically used to describe someone who is buying, selling, trading, flipping, and or holding NFTs and cryptocurrency.
30
= aka the “floor price”
the lowest price that an NFT of that collection is selling for (usually in the “buy now” category)
1
26
= 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
1
51
= fear, uncertainty, and doubt
In the web3 space, FUD is usually used to refer to the panic that people can feel when the price of a coin, currency, or NFT goes down.
It is also used to describe someone’s actions when they are talking down about a project.
1
19
= when computers are linked together through the internet in a network.
The computers then track and verify (by double-checking each other) when information (files and data) is transferred from place to place.
Image: internet vs blockchain
1
1
18
allowlist = a list of people approved to buy an NFT before it is open for sale to the public
aka: access pass or presale list or whitelist
1
26
= aka the “floor price”
the lowest price that an NFT of that collection is selling for (usually in the “buy now” category)
= 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
= fear, uncertainty, and doubt
In the web3 space, FUD is usually used to refer to the panic that people can feel when the price of a coin, currency, or NFT goes down.
It is also used to describe someone’s actions when they are talking down about a project.
1
= when computers are linked together through the internet in a network.
The computers then track and verify (by double-checking each other) when information (files and data) is transferred from place to place.
Image: internet vs blockchain
1
