NFTslangs.com

NFTslangs.com

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NFT slangs starting with letter G

GTD

A short form for “Going to dust.” It defines an NFT project that was probably once valuable but went down the drain and became a

GMI

An acronym for “Gonna make it.” In contrast to “WAGMI,” “GMI” typically applies to one person only. Individuals in NFT use it to express optimism

GM / GN

These abbreviations simply mean “Good Morning” and “Good Night,” respectively. They’re common ways NFT communities salute each other. And you’ve probably seen NFT folks use

Gwei

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

Gas war

Gas war results from conflicting transactions on the blockchain, where the volume of NFTs available are lesser than the number of wallet addresses minting the

Generative art

Generative art is digital art that creates itself continuously through artificial intelligence. Generally, a programmed system automatically generates these artworks—of course, with an added effort

GPU

An acronym for “graphics processing unit.” A type of CPU (central processing unit) that speeds up digital rendering. In crypto, powerful GPUs are an essential

Governance tokens

These are specialized tokens created by developers to oversee the outcome of a decentralized protocol. It defines token ownership. People that hold governance tokens have

Gas Fee

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

GameFi

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

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