Reveal

What does Reveal means?

Refers to the step in the mint process when a buyer sees what they’ve minted. Buyers typically don’t know what they’re purchasing while minting an NFT. So minting is a blind process where collectors don’t get to choose what they get after all. The “reveal” step unveils their NFT, and they can see all its attributes. An NFT creator might decide to reveal an NFT immediately after mint. Or they may do so after sell-out.

Random Slangs

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

NFA

An acronym for “Not financial advice.” For instance, you might call an NFT community to action but warn them that it’s NFA. Examples A usage

Rugpull

It’s a cryptocurrency scam where all project owners pull out all resources, including investors’ funds— it usually happens after everyone interested in the project due

Tokens

These are cryptogenic representations of digital assets in a blockchain. You can view a token as the denomination of a cryptocurrency. Hence, they’re not crypto

Proof of Stake (PoS)

A short form of Proof of Stake. It’s a newer consensus relative to Proof of Work. And it helps validate transactions on the blockchain, keeping