NFTslangs.com

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Gwei

What does Gwei means?

Gwei is the one-billionth of one ETH (1 ETH is 1000,000,000 Gwei). It’s a denomination of ETH, also called a nanoether, due to its value relative to ETH. Essentially, Gwei is that fraction of ETH taken as its gas price.

Random Slangs

Whale

They’re an influential personality in a crypto network (characterized by having huge capital whose decision can make or mare a project). For instance, a project

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

Simp / Simping

A person that desperately seeks a woman’s attention with their cryptocurrency or NFT. Generally, it describes someone who expresses extreme passion towards another person without

Whitelist

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

Rarities

It determines the level of uniqueness or scarcity of an NFT. Generally, the more scarce an NFT is, the higher its price. Hence, collectors always

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