FUD

What does FUD means?

An acronym for “fear, uncertainty, and doubt.” It’s the slang used by the NFT community to describe the spread of false information to raise investors’ fear of the outcome of their investment decision. FUD typically results from irregularities in a project value, not limited to a perceived rug or pump and dump.

Examples

“Don’t spread FUD, allow people their peace.”
“Spreading FUD is normal, but don’t let it take a toll on you.”
“Their FUD played out true and now it looks like they’re NGMI.”

Random Slangs

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

Open editions

These are NFTs offering an unlimited number of mints within a specified time frame. As opposed to limited editions, collectors can mint as much as

Gas war

Gas war results from conflicting transactions on the blockchain, where the volume of NFTs available are lesser than the number of wallet addresses minting the

Burn / Burning

It’s a method of destroying and removing an NFT from the blockchain. An NFT creator may decide to burn an NFT if it’s Paperhands, for

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