Flip

What does Flip means?

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 the need for a quick return on investment (ROI). You can flip an NFT, for instance.

Example

“I flipped the art because I needed some cash.”

Random Slangs

Verified contract

A smart contract that allows users to interact with and audit a contract code, allowing them to independently verify that it works according to what’s

Roadmap

A detailed outline of how an NFT project will achieve its aim. It contains all the strategies, plans, and routes an NFT project will take

Collectible

These are valuable digital items that are available for collection. Generally, they’re NFTs and range from artworks, music, video, cloth, sport collectibles to many more.

Noob / Pleb

An NFT or crypto beginner. Generally, someone not knowledgeable about a subject matter is called a Pleb or Noob. But the NFT community has adopted it to describe

KYC

KYC is an acronym for “know your customer,” often required as a registration phase in crypto trading apps like Binance. The purpose of KYC is