NFTslangs.com

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Private key

What does Private key means?

It’s the secret key that lets you access the wallet containing your cryptocurrency. It’s unique to you and used to sign your transactions, validating that the transaction originates and belongs to you. However, you should never give someone access to your private key, as it’s more like a pass to your digital assets.

Random Slangs

1:1 Art

A unique NFT art piece that only exists in one edition.

Fungibility

As opposed to non-fungibility, fungibility means replaceability. It describes the ability of an item to be tradable or exchangeable for other commodities. For instance, cryptocurrencies

Decentralized apps (dApps)

Apps or programs that execute tasks within the decentralized or blockchain ecosystem. Generally, dApps run on smart contracts and are autonomous. Examples OpenSea, Magic Eden,

Wallet

Refers to a digital store or purse where you keep your tokens and digital assets. You need a wallet address to store your NFTs and

Fudding your own bags

When someone spreads negativity about a project they invested in; might be due to fear of missing out (FOMO), a disappointing fall in value, or

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