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

Crypto

This is a short form of cryptocurrency. It’s an ungoverned digital currency backed by a particular blockchain.

Doxxed / Doxed

A revealed identity. Some NFT creators or authors prefer to remain unknown, so they tag them “undoxxed.” They become “doxxed” once people know who they

DeFi

A short form of “decentralized finance.” DeFi defines technology that gives users control over their financial transactions. However, many DeFi systems operate on the blockchain

HODL

An acronym for “Hold on to Dear Life.” The NFT community uses it to encourage people never to let go of their digital assets, regardless

Mining

It’s the cryptocurrency generation process. And it involves adding verified blocks to the blockchain to maintain its integrity through a proof of work (PoW) process.