Gas Fee

What does Gas Fee means?

This is the amount paid in crypto for transacting on a particular blockchain. The gas fee is typically a fraction of the native coin of the blockchain used for a transaction. For example, Solana might charge a standard gas fee of 0.000005 SOL per transaction; this could be an NFT purchase, a token swap, or other deals. The essence of paying this fee is to reward miners or stakers (block generators) for the energy expended in maintaining the blockchain.

Random Slangs

Private key

It’s the secret key that lets you access the wallet containing your cryptocurrency. It’s unique to you and used to sign your transactions, validating that

Never trust, always verify

A warning to assume that every other person or project on the internet is a scam. Otherwise known as the zero trust in cyber security,

ATH / ATL

Acronyms for “all-time high” and “all-time low,” respectively. An “all-time high” describes the highest market price an NFT project has ever attained in its entire

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

Hashmasks

Hashmasks are collaborative digital artworks created by 70 artists from around the world. Essentially, they’re hashed digital masks that exist on the blockchain—so they’re a