NFTslangs.com

NFTslangs.com

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Fren

What does Fren means?

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

Example

Hey “fren,” WAGMI!

Random Slangs

WAGMI

It means “We are all going to make it.” Often used on Twitter and Discord to express optimism to the NFT community when a decision

Miner

An individual who participates in crypto mining. Miners use high-performant GPUs, as the process requires high computing power as more miners join the mining process.

Paper hands

Selling an NFT rapidly below its floor price—often due to FOMO, fear of the project being a pump and dump, or a rug. Paper hands

ERC-721

ERC-721 is a set of standards that provides guides for creating non-fungible tokens (NFTs). This is in contrast to ERC-20, which is for creating fungible

Ded

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

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