AMA

What does AMA means?

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 the founder or a spokesperson questions about the project.

Example

“Join the Twitter Space AMA session with Kinderjaje, the founder of Moonly.”

Random Slangs

IYKYK

Short for “If you know, you know”. It implies that a message, post or information that’d make sense to the insiders but not the general public.

Proof of Stake (PoS)

A short form of Proof of Stake. It’s a newer consensus relative to Proof of Work. And it helps validate transactions on the blockchain, keeping

Rarities

It determines the level of uniqueness or scarcity of an NFT. Generally, the more scarce an NFT is, the higher its price. Hence, collectors always

Snag

To quickly buy an NFT due to a price drop. People often use it synonymously as sniping. For instance, someone might tell you to snag

Gas Fee

This is the amount paid in crypto for transacting on a particular blockchain. The gas fee is typically a fraction of the native coin of