NFTslangs.com
It’s the process of selling NFTs to chosen investors (usually early supporters) before the official mint date. Presales typically sell at a price below the mint price. And its purpose is to entice more investors, raise funds for a project, and make it more popular. So, it’s a form of a marketing campaign.
It’s the short form of Proof of Work—An expensive validation process on the blockchain where miners verify new transactions by solving hash puzzles. This mechanism
These are valuable digital items that are available for collection. Generally, they’re NFTs and range from artworks, music, video, cloth, sport collectibles to many more.
Cancelling the listing of an NFT for sale from an open market.
An acronym for “Not going to make it.” It’s the opposite form of “GMI.” The NFT and crypto community use this term to express hopelessness.
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