What does Fungibility means?

As opposed to non-fungibility, fungibility means replaceability. It describes the ability of an item to be tradable or exchangeable for other commodities. For instance, cryptocurrencies like ETH, SOL, and many more, are fungible since you can trade them in exchange for physical or digital products.

Random Slangs

Dutch auction

Refers to an auction that opens with the highest possible price (ceiling price); this drops at intervals and closes with the lowest price accepted by


Often abbreviate as “WL”, a whitelist is a special list that gains early access to an NFT drop before the general public.


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


A short way of writing “moderators.” Mods are individuals appointed by an NFT community to maintain healthy communication on Discord and other collaborative platforms. Depending

(Floor) sweeping

Buying an NFT in bulk at its lowest price, probably below or at the FP rate. For instance, project owners can sweep the floor of

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