PFP project

What does PFP project means?

Shorthand for ‘profile picture’, so a ‘PFP project’ is essentially the same as a 10k project or an avatar project. This term is coined because the avatars in these NFT collections are often used as profile pictures on Twitter, Discord, etc.

Random Slangs

Play to Earn (P2E)

These are decentralized games powered by smart contracts that reward players with tokens and digital assets. P2E gamers often access the games via their NFTs

NFT

NFT stands for “non-fungible token.” An NFT is a non-replaceable token that tracks digital assets on the blockchain. Each NFT is uniquely tied to a

Snapshot

It’s a record of the blockchain state (ledger) at a specific block height (a specific point in a blockchain). Developers use snapshots to capture receiving

Oracle

Oracles are third-party services connecting the blockchain to data outside of its ecosystem. The blockchain doesn’t interact with real-world data by default, but oracles make

Tokenomics

A combination of “token” and “economics.” It defines the financial chain attribute of a digital token that makes it attractive to investors. These include statistical