Volatility

What does Volatility means?

It defines the rate of fluctuation (drop and rise in the worth) of an NFT project or crypto over time. Unlike fiat currencies, cryptocurrencies and NFTs are volatile since many factors affect their value over time.

Random Slangs

Play to Earn (P2E)

These are decentralized games powered by smart contracts that reward players with tokens and digital assets. P2E gamers often access the games via their NFTs

Meatspace

A combination of meat (flesh) and space (habitat); describes the physical world. It’s the opposite word of cyberspace. Examples “The metaverse can never be like

Rekt

Another way of typing the word “wrecked.” It’s a slang often used by the crypto and gaming community to describe crypto, NFT trader, or an

Miner

An individual who participates in crypto mining. Miners use high-performant GPUs, as the process requires high computing power as more miners join the mining process.

Community Designated Sellers (CDS)

A CDS is someone who owns a separate designated wallet address and charges people for trading there. You can view CDSes as people who trade