NFTslangs.com

NFTslangs.com

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Presale

What does Presale means?

It’s the process of selling NFTs to chosen investors (usually early supporters) before the official mint date. Presales typically sell at a price below the mint price. And its purpose is to entice more investors, raise funds for a project, and make it more popular. So, it’s a form of a marketing campaign.

 

 

 

Random Slangs

OS

An abbreviation of “OpenSea,” one of the largest NFT marketplaces. The NFT community often refers to OpenSea as OS on social platforms like Twitter and

Ethereum

Ethereum is an open-source blockchain that runs on smart contracts, and its native currency is Ether or ETH. The Ethereum blockchain is the basis of

Pumping

It describes a continuous rise in the price or an increase in the value of a digital asset or coin. Examples “Pumping after dump:” Describes

ATH / ATL

Acronyms for “all-time high” and “all-time low,” respectively. An “all-time high” describes the highest market price an NFT project has ever attained in its entire

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

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