NFTslangs.com

NFTslangs.com

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NFT slangs starting with letter B

BTD / BTFD

Acronyms for “buy the dip” and “but the fxxxking dip,” respectively. These terms are used interchangeably in crypto to tell people to buy a cryptocurrency

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

Bullish

The term “bullish” is an NFT slang for expressing confidence in a project. It’s the opposite of “bearish.” Examples “I’m bullish on Bored Ape Yacht

Bot

A bot is an automated program bearing instructions to execute a specific task. Discord bots are good examples of how the NFT community uses bots

Bridge

A bridge is a protocol that provides a link that allows people to exchange tokens between blockchains. Blockchains don’t support each other by default. However,

BSC

An acronym for “Binance Smart Chain.” BSC is a protocol that makes the Binance Chain interoperable and programmable. Hence, other resources can communicate with it.

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

Blue chip

Blue chips are well-known projects. NFTs and cryptocurrencies can be blue chips, depending on their adoption, value, and stability. Therefore, as with NFTs, blue chips

Blockchain

The blockchain is a chain of servers containing several nodes that record cryptocurrency transaction ledgers in a decentralized format. The blockchain is difficult to hack

Bearish

When you believe that a market or asset is heading towards a downward trajectory. For example, ā€œIā€™m feeling pretty bearish about the P2E gaming space right now.ā€

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