GameFi

What does GameFi means?

A blend of Game and Defi (decentralized finance). It’s a system where people get real-life financial returns for playing digital games. Generally, it defines the incorporation of decentralized finance into virtual games, and its purpose is to generate incentives.

Random Slangs

Multisig

A shorthand for “multi-signature.” It refers to a wallet address that requires multiple signatories (private keys) to transfer funds successfully. This further strengthens wallet security,

BTC

A short way of writing “Bitcoin.” Launched in 2009, Bitcoin tops the cryptocurrency blue chips. And it has gained immense value over time. It uses

IYKYK

Short for “If you know, you know”. It implies that a message, post or information that’d make sense to the insiders but not the general public.

Web3

Refers to the decentralized web version, where every transaction and data sits on several data nodes. Web 3.0 revolves around blockchain technology and runs decentralized

LFG

Means ‘Let’s f***king go!’. It’s used in excitement about new project launches, huge NFT news and other massively positive updates.