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An Airdrop is an NFT or crypto marketing campaign where the developers of a project send a digital asset to selected wallet addresses on a blockchain. Its purpose is to publicize and add more value to a project. The condition for receiving an Airdrop depend on the side rules. While some might send you an Airdrop for completing a task, others reward you for holding a particular NFT or cryptocurrency.
Thus, an Airdrop can be exclusive, hard-forked, or standard.
A farm in crypto is a hip of staked tokens where investors take their rewards. These staked tokens are results of farming, a process of
It’s a digital signing or agreement made by any member of a particular group—on behalf of the entire group (ring). Ring signature, however, ensures that
DYOR is the short form of “do your own research.” It’s often used as a disclaimer by someone who posts an update about an NFT
Gas war results from conflicting transactions on the blockchain, where the volume of NFTs available are lesser than the number of wallet addresses minting the
Selling an NFT rapidly below its floor price—often due to FOMO, fear of the project being a pump and dump, or a rug. Paper hands