NFTslangs.com

NFTslangs.com

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Bot

What does Bot means?

A bot is an automated program bearing instructions to execute a specific task. Discord bots are good examples of how the NFT community uses bots in real-life.

 

For instance, a Discord community can assign bots to welcome new members or kick violators out. However, some traders and collectors in crypto and NFT communities also depend on bots for minting and trading. Botting is often a problem in NFT minting, as their activities can prevent real humans from minting.

Random Slangs

Noob / Pleb

An NFT or crypto beginner. Generally, someone not knowledgeable about a subject matter is called a Pleb or Noob. But the NFT community has adopted it to describe

Metaverse

The metaverse refers to an immersive virtual world (accessible by wearing a headset) that simulates real-life events, where people can interact regardless of the distance

BSC

An acronym for “Binance Smart Chain.” BSC is a protocol that makes the Binance Chain interoperable and programmable. Hence, other resources can communicate with it.

GameFi

A blend of Game and Defi (decentralized finance). It’s a system where people get real-life financial returns for playing digital games. Generally, it defines the

Generative art

Generative art is digital art that creates itself continuously through artificial intelligence. Generally, a programmed system automatically generates these artworks—of course, with an added effort

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