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Blue chip

What does Blue chip means?

Blue chips are well-known projects. NFTs and cryptocurrencies can be blue chips, depending on their adoption, value, and stability. Therefore, as with NFTs, blue chips are established NFT projects with high and stable value, while blue-chip cryptos are well-adopted cryptocurrencies that have gained trust over time. 

Examples of Blue Chip NFTs

  1. Bored Ape Yacht Club (BAYC)
  2. Cryptopunks
  3. DeGods NFT
  4. Cool Cats

Examples of Blue Chip Cryptos

  1. Bitcoin
  2. Ethereum 
  3. Solana
  4. BNB

Random Slangs

FOMO

An acronym for “fear of missing out.” It’s a fear of missing big rewards despite investing in a project or a cryptocurrency. A FOMO might

Public key

This is a cryptographical hash that produces public wallet addresses for transacting cryptocurrencies. Although it comes with your private key, you can share it with

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.

Pre-mine

Generating a certain amount of cryptocurrency before its public release or launch. It’s a way to reward early supporters and founders of a crypto project.

Bridge

A bridge is a protocol that provides a link that allows people to exchange tokens between blockchains. Blockchains don’t support each other by default. However,

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