Rekt

What does Rekt means?

Another way of typing the word “wrecked.” It’s a slang often used by the crypto and gaming community to describe crypto, NFT trader, or an online gamer who’s had themselves utterly ruined. You could say someone got rekt in a bearish market, for instance. An NFT community can also describe someone whose loss is beyond recovery as “rekt.”

Until it got blocked, there was even a Twitter bot called REKT that gathered information about people who’ve lost money on BitMEX.

Examples

“Their FOMO in the pump and dump project later rekt them”
“You can get rekt from a wrong investment decision.

Random Slangs

Reward pool

Refers to token storage that rewards people for participating in token staking or sometimes crypto campaign, usually a P2E game. The reward pool typically contains

DYOR

DYOR is the short form of “do your own research.” It’s often used as a disclaimer by someone who posts an update about an NFT

Gas Fee

This is the amount paid in crypto for transacting on a particular blockchain. The gas fee is typically a fraction of the native coin of

Generative art

Generative art is digital art that creates itself continuously through artificial intelligence. Generally, a programmed system automatically generates these artworks—of course, with an added effort

Never trust, always verify

A warning to assume that every other person or project on the internet is a scam. Otherwise known as the zero trust in cyber security,