NFTslangs.com

NFTslangs.com

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Polygon

What does Polygon means?

A scaled Ethereum blockchain technology layer that allows you to transact faster at a lower cost relative to the primary Ethereum blockchain. Its underlying cryptocurrency is MATIC. 

Random Slangs

NFT Metadata

An NFT metadata contains vital information about that NFT. Most projects store NFT metadata in a distributed file system called the IPFS (InterPlanetary file system).

IGO

IGO stands for “initial game offering.” It’s an early form of investment that allows the bidders to explore the early development stage of an NFT

Shtposter

Another way of typing “shitposter.” It describes someone who derives joy from posting off-topic content on social platforms like Twitter. They aim to steer reactions,

Blue chip

Blue chips are well-known projects. NFTs and cryptocurrencies can be blue chips, depending on their adoption, value, and stability. Therefore, as with NFTs, blue chips

Fungible Tokens (FT)

These are tokens that are swappable for physical or digital items like NFTs. Fungible tokens, however, have buying power. Examples ETH, SOL, Bitcoin, and many

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