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Paper hands

What does Paper hands means?

Selling an NFT rapidly below its floor price—often due to FOMO, fear of the project being a pump and dump, or a rug. Paper hands are often bad for an NFT project since they lower its credibility, hence, dropping its floor price. DeGods NFT, for instance, introduced a 33% paper hand bitch tax to prevent people from listing paper hands.

Random Slangs

KOL

A short form of “Key Opinion Leaders.” It defines an industry influencer. In NFT, a KOL is someone whose decision impacts an NFT project. You

Never trust, always verify

A warning to assume that every other person or project on the internet is a scam. Otherwise known as the zero trust in cyber security,

Hashmasks

Hashmasks are collaborative digital artworks created by 70 artists from around the world. Essentially, they’re hashed digital masks that exist on the blockchain—so they’re a

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

FOMO

An acronym for “fear of missing out.” It’s a fear of missing big rewards despite investing in a project or a cryptocurrency. A FOMO might

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