Pre-mine

What does Pre-mine means?

Generating a certain amount of cryptocurrency before its public release or launch. It’s a way to reward early supporters and founders of a crypto project.

Random Slangs

Volatility

It defines the rate of fluctuation (drop and rise in the worth) of an NFT project or crypto over time. Unlike fiat currencies, cryptocurrencies and

Multisig

A shorthand for “multi-signature.” It refers to a wallet address that requires multiple signatories (private keys) to transfer funds successfully. This further strengthens wallet security,

YOLO

A short form of “You only live once.” This acronym isn’t limited to the NFT or crypto world only. Many people use it on social

Utility token

A token that gives owners access to a specific tool or privilege within a particular crypto ecosystem. NFT creators often use utility tokens to raise

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