Fiat

What does Fiat means?

These are official currencies issued and controlled by the government. Unlike cryptocurrencies, fiats are stable and not volatile. Examples are the common official currencies like USD, GPB, CAD, AUD, and many more.

Random Slangs

DYOR

DYOR is the short form of “do your own research.” It’s often used as a disclaimer by someone who posts an update about an NFT

Peer To Peer (P2P)

Peer to Peer, shortened to P2P, is a decentralized transaction between two traders (a pair) without a verifying third party. In this case, other users

Sharding

It’s the process of splitting an overly expensive NFT into units so that more people can afford it. Sharding can also convert an NFT to

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

Flip

An act of buying and selling a digital product quickly. This decision is often a result of anxiety about the future of a project or