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Pump and dump

What does Pump and dump means?

Pulling out of a project after pushing its price to the peak through deceit. In a “pump and dump,” someone or a group of people (usually Whales) put a large sum of money into an NFT project to boost its value. Then they pull out once it gets to the peak, resulting in an imminent crash in price.

Random Slangs

Shilling

It’s a marketing strategy usually adopted by influencers to promote an NFT project to push others to invest in it. Example “The project gained popularity

Open editions

These are NFTs offering an unlimited number of mints within a specified time frame. As opposed to limited editions, collectors can mint as much as

OG

A shortened NFT slang for “Original Gangster.” It describes early supporters or highly respected members of an NFT team. Most NFT communities assign this role

Royalties

The certain percentage earned from an NFT sale or resale. Royalties might also come as life-long passive income for artists or NFT owners if they

DEX

DEX is an acronym for “decentralized exchange.” It describes an autonomous peer-to-peer (P2P) platform where people can exchange tokens without depending on any mediator for

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