NFTslangs.com

NFTslangs.com

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Looks rare

What does Looks rare means?

Expresses scarcity or uniqueness; to mark an NFT as highly valuable. Rarity is one of the essential features that determine the worth of an NFT. An NFT sighted as “rare,” for instance, will likely catch investors’ attention. People often tweet-quote an NFT with the word “looks rare” on Twitter.

Example

“Looks rare. I may sweep the floor”

Random Slangs

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

Flip

An act of buying and selling a digital product quickly. This decision is often a result of anxiety about the future of a project or

Open editions

These are NFTs offering an unlimited number of mints within a specified time frame. As opposed to limited editions, collectors can mint as much as

AFAIK

The short form of “as far as I know”, implying that the information available is what someone knows so far. AFAIK statements are usually amenable

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.

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