NFTslangs.com

NFTslangs.com

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NFT slangs starting with letter D

Ded

The NFT way of typing the word “dead.” It’s used when an NFT project goes down the drain from a pump and dump or rug

DYOR

DYOR is the short form of “do your own research.” It’s often used as a disclaimer by someone who posts an update about an NFT

Discord

A community-based chatting platform where members of an NFT community interact and disseminate information. Discord’s structure features a server with many communication channels. The server

Doxxed / Doxed

A revealed identity. Some NFT creators or authors prefer to remain unknown, so they tag them “undoxxed.” They become “doxxed” once people know who they

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

Drop

This is the date and time an NFT collection is available for purchase. However, it also details a new NFT’s minting price. It’s, however, similar

Diamond hands

Describes collectors who don’t let go of an asset even when the market looks bearish. Thus, such people tend to hold on to a digital

Delist

Cancelling the listing of an NFT for sale from an open market.

Derivative

Derivatives are secondary contracts that inherit their value from an existing or underlying one. Examples of derivatives include crypto Options, Swaps, Futures, Forward, and many

Devs

An abbreviation for developers. Devs are professionals who create products and services in the blockchain ecosystem using programming languages like Solidity, JavaScript, and Python, and

Degen

Short for “degenerate”, usually refers to people who often make risky bets. In the crypto space, it usually refers to people who invest in digital assets like NFTs by “ape-ing” in and without doing due diligence.

DeFi

A short form of “decentralized finance.” DeFi defines technology that gives users control over their financial transactions. However, many DeFi systems operate on the blockchain

Decentralized apps (dApps)

Apps or programs that execute tasks within the decentralized or blockchain ecosystem. Generally, dApps run on smart contracts and are autonomous. Examples OpenSea, Magic Eden,

DEX

DEX is an acronym for “decentralized exchange.” It describes an autonomous peer-to-peer (P2P) platform where people can exchange tokens without depending on any mediator for

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