Multisig

What does Multisig means?

A shorthand for “multi-signature.” It refers to a wallet address that requires multiple signatories (private keys) to transfer funds successfully. This further strengthens wallet security, preventing threat actors from attacking from a single point of entry.

Random Slangs

IRL

An acronym for “in real life.” The contextual use may vary. But generally, the NFT community uses it when comparing a digital asset to its

Secondary market

It refers to a direct transaction between investors in the crypto market. In NFT, the secondary market typically comes up after minting, phasing out communication

AMA

A short form of “ask me anything.” An AMA is usually a session on Twitter Space, where an NFT project community members get to ask

Ape-ing (into something)

When you ‘ape into’ something, it means that you’re buying something in an irresponsible manner and typically out of “FOMO”, and/or without doing your due diligence.

HODL

An acronym for “Hold on to Dear Life.” It actually first appeared as a misspelling of “HOLD” in a 2013 post on bitcointalk.org. The NFT