NFTslangs.com

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Derivative

What does Derivative means?

Derivatives are secondary contracts that inherit their value from an existing or underlying one. Examples of derivatives include crypto Options, Swaps, Futures, Forward, and many others.

Random Slangs

QR code

Also known as “Quick Response code.” It’s a set of matrix squares (typically black and white) only readable by a machine that stores certain information

Degen

Short for “degenerate”, usually refers to people who often make risky bets. In the crypto space, it usually refers to people who invest in digital assets like NFTs by “ape-ing” in and without doing due diligence.

Probably nothing

An ironic way to say something is worth attention. For instance, someone might say, the floor price is rising, “probably nothing.” They’re telling the NFT

Solidity

A free, object-oriented programming language for coding blockchain smart contracts. Solidity is relatively new compared to languages like Python and JavaScript.

Blue chip

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

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