Ded

What does Ded means?

The NFT way of typing the word “dead.” It’s used when an NFT project goes down the drain from a pump and dump or rug pull.

Example

Here’s a good example extracted from a tweet by @memeland:
“Coin market is ded. NFT market is ded. New projects are ded at mint. People say 5.3 ETH mint price is 1000% ded.”

Random Slangs

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

Never trust, always verify

A warning to assume that every other person or project on the internet is a scam. Otherwise known as the zero trust in cyber security,

Generative art

Generative art is digital art that creates itself continuously through artificial intelligence. Generally, a programmed system automatically generates these artworks—of course, with an added effort

Multisig

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,

Fren

A misspelled slang for “Friend.” In the NFT community, people address their buddies as “fren.” Example Hey “fren,” WAGMI!